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After a spring dip, mortgage rates have moved sharply higher, pushing more buyers toward adjustable-rate loans. Here’s what to consider before you lock in a rate.
A widening gap between luxury and entry-level housing is reshaping the U.S. real estate market, as affluent buyers keep spending while first-time buyers face mounting affordability pressure.
Uncertainty over a potential deal to reopen the Strait of Hormuz is driving sharp swings in oil prices and rippling through global markets from Asia to Wall Street.
SpaceX’s first major insider lockup expiration since its June IPO put retail and institutional demand to the test, even as the stock trades well below its debut price.
Markets pulled back to start the week as traders positioned ahead of Wednesday’s CPI report, while a flare-up in Strait of Hormuz tensions sent oil prices higher.
Iran issued new demands to Washington over the weekend — including a port blockade lift, troop withdrawal, and war damages — before it will fully reopen the Strait of Hormuz, as the UAE reported one of its ships was struck by an Iranian missile.
Berkshire Hathaway earnings rose last quarter as CEO Greg Abel began deploying Warren Buffett’s massive cash reserve, offering an early signal of how Berkshire’s capital strategy may shift under new leadership.
The S&P 500 closed at a record 7,758 after a weak July jobs report cooled expectations of further Fed rate hikes, capping the market’s best week since April as the Nasdaq rebounded over 10% from its recent correction.