Today: October 02, 2024
Today: October 02, 2024

Fed's Barkin says price pressures may not fade as fast as expected

Richmond Federal Reserve Bank president Thomas Barkin speaks to the Economic Club of New York in New York
October 02, 2024
Howard Schneider - Reuters

By Howard Schneider

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Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 years

The average rate on a 30-year mortgage in the U.S. slipped this week to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs

Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 years
Business|Europe|Finance

Funds approach Eni for second biofuel stake sale as it readies deal with KKR, sources say

Suitors have approached Eni over the potential sale of a second stake in its biofuel unit Enilive as the Italian group discusses the final details of a deal to

Funds approach Eni for second biofuel stake sale as it readies deal with KKR, sources say
Africa|Economy|Finance

African countries eye world’s first joint 'debt-for-nature' swap

At least five African countries are working on what could be the world's first joint "debt-for-nature" swap to raise at least $2

African countries eye world’s first joint 'debt-for-nature' swap
Crime|Economy|Finance|News

US charges two Russians accused of running billion-dollar money laundering schemes

US charges two Russians accused of running billion-dollar money laundering schemes

US charges two Russians accused of running billion-dollar money laundering schemes
Asia|Economy|Finance|News|World

Pakistan wins more financing assurances from China, UAE, Saudi IMF official says

Pakistan has received "significant financing assurances" from China, Saudi Arabia and the United Arab Emirates linked to a new International Monetary Fund program

Pakistan wins more financing assurances from China, UAE, Saudi IMF official says
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Asia|Economy|Finance|Stock Markets

Stock market today: Dow sets a record as Wall Street drifts to the finish of another winning week

Stock market today: Dow sets a record as Wall Street drifts to the finish of another winning week
Business|Finance|Technology

Ex-'Apprentice' candidates dump nearly entire stake in owner of Trump's Truth Social platform

Ex-'Apprentice' candidates dump nearly entire stake in owner of Trump's Truth Social platform
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TPG buys minority stake in wealth manager Homrich Berg

TPG buys minority stake in wealth manager Homrich Berg
Business|Economy|Finance

China stimulus, mighty gold puts silver on a streak, but not without risk

China stimulus, mighty gold puts silver on a streak, but not without risk