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HOW TRUMP IS AFFECTING MORTGAGE RATES
US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....
Trump turns 'doctor' in self-promoted AI-generated clipUS President Donald Trump has shared an AI-generated video on Truth Social, depicting himself as a doctor offering a 'treatment plan' for T...
US nuclear power regulator proposes changing rule protecting people from radiationThe U.S. nuclear regulator is proposing to replace the 'As Low As Reasonably Achievable' (ALARA) radiation protection standard with objecti...
Mortgage refinance rates today: Check current mortgage interest rates for 30-year, 20-year, 15-year, 10-yearMortgage interest rates today: It averaged 6.49 per cent last week. Spending on multi-family housing units, which account for a small share...
Birthright citizenship ruling explained: Supreme Court rejects Donald Trump’s executive order. Will that stop U.S. President from setting criteria for American citizens?Birthright citizenship order, which Donald Trump signed on the first day of his second term, is part of his administration’s broad immigrat...
US Stock Market: US Supreme Court shields Fed independence, but leaves central bank more isolatedThe US Supreme Court has reaffirmed the Federal Reserve’s independence by blocking attempts to allow presidential removal of its governors ...
Trump reports over $1.4 billion in income from crypto venturesPresident Trump's latest financial disclosures reveal over $1.4 billion in income from crypto ventures last year, a significant surge from ...
Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
US Supreme Court rejects Donald Trump's bid to restrict birthright citizenshipThe U.S. Supreme Court has delivered a significant blow to President Trump, rejecting his attempt to restrict birthright citizenship for ch...
US Supreme Court to rule on Trump bid to limit birthright citizenshipThe U.S. Supreme Court is set to decide on President Trump's executive order aiming to restrict birthright citizenship for children of immi...
US Supreme Court says Fed's Cook can keep her job for now, but it upholds other Trump firingsThe Supreme Court has significantly broadened presidential authority, allowing presidents to dismiss heads of independent federal agencies ...
US Supreme Court rejects Trump's unprecedented bid to fire Fed's CookThe Supreme Court has taken a significant stand for the Federal Reserve's independence, rejecting President Trump's unusual effort to remov...
US Stock Market: Warsh faces crucial week with court ruling, global debut in focusFederal Reserve Chair Kevin Warsh faces a crucial week. The Supreme Court's decision on Governor Lisa Cook's removal will test the central ...
US Supreme Court nears the end of its term with momentous cases about Trump's power to be decidedThe Supreme Court is concluding a term dominated by President Trump's assertions of executive authority. Key decisions this week involve bi...
As Supreme Court's term nears its end, three major Trump rulings dueThe U.S. Supreme Court is nearing the end of its term with crucial decisions pending. Key cases involve President Trump's authority to fire...
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'The IMF's chief economist, Pierre-Olivier Gourinchas, has endorsed Federal Reserve Chair Kevin Warsh's move to reduce explicit forward guid...
US immigration custody death rate at decade high: Rights groupsThe rate of people dying in Immigration and Customs Enforcement (ICE) custody has reached its highest level in over a decade amid US Presid...
US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
Former US Fed chairman Alan Greenspan passes away at 100Alan Greenspan, former US Federal Reserve chief, has passed away at 100. He steered the American economy through significant events like th...