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The 30-year mortgage rate is averaging at 6.85%, Freddie Mac said in its latest weekly survey on Thursday.

The Russian government has been a historic opponent of bitcoin, banning its use for domestic payments, but has recently come to see the potential benefits of virtual currencies for evading U.S. and Western sanctions.

You not only have to worry about tax on the interest, but also on income earned along the way.

Businesses laid off workers at one of the lowest rates in decades in 2024 despite lingering inflation and the highest interest rates in years.

Holiday spending rose 3.8% from a year ago, topping last year’s growth, as consumers were “willing and able” to spend, if there was a good deal, Mastercard SpendingPulse said.

Crude oil prices climbed on Thursday as hopes for more Chinese government stimulus helped boost demand for the commodity.

Wedbush’s Daniel Ives further boosts price target for Apple on expected holiday iPhone surge

Experts warn that more borrowers could face garnishment of their Social Security checks, tax refunds and wages as pandemic-era protections end.

Treasury yields are rising on Thursday ahead of weekly jobless claims and an auction of 7-year notes.

Dismantling Biden’s industrial policies would greatly harm U.S. economic growth.

Josh Wolfe, the co-founder of New York VC firm Lux Capital, says the AI/nuke trade is not going to work out like some investors are hoping.

“She really doesn’t want to send it to them until they’re ready to make the purchase.”