Rising mortgage rates threaten to wipe out the home buying season. The average 30-year mortgage rate rose to 6.46%, the highest level since September 2025, Freddie Mac said Thursday. Borrowing costs have risen sharply in recent weeks following the divestment less than 6% in late February. The Iran was there it increases price pressure by … Read more
My top 10 things to watch on Thursday, April 2 Trump said he expects it to last another two to three weeks, and talked about the explosion of power plants if there is no agreement with Tehran. He called on countries that depend on oil exports from the Strait of Hormuz to “just take it” … Read more
Weekly jobless claims fall 9,000 to 202,000 Continuing claims add 25,000 to 1.841 million The trade deficit widened by 4.9% to $57.3 billion in February WASHINGTON, April 2 (Reuters) – New claims for U.S. jobless benefits fell sharply last week to a record low, suggesting labor market conditions remained calm in March, even as economists … Read more
This is CNBC’s Morning Squawk newsletter. Register here to receive future publications in your inbox. Happy Thursday. It is the anniversary of the first year of President Donald Trump’s tariff unveiling, which the president called “freedom day.” Stock futures are down this morning. The three major indexes will come up on another competitive day. Here … Read more
Moneywise and Yahoo Finance LLC may receive commission or revenue from the links below. As the Secretary of the Interior, Doug Burgum explained how the increase in oil production in Venezuela could help lower gas prices for Americans, President Donald Trump intervened on a different issue (1): “Forget that – when are they going to … Read more
The March jobs report, due out on Friday morning, could provide a much-needed reality check after two months of turmoil in the US labor market. But even if a baseline can be reached, and there is clarity about the health of the labor market, it’s a whole new ball game now. The conflict in the … Read more
Proposals have been made by the police department to counter the influence of Iran’s war Commercial curbs and media management are also recommended, the document shows The Prime Minister’s Office ordered officials to act on the recommendations, the documents show The measures are aimed at maintaining the improvement of the FTSE Russell stock market and … Read more
Power traders say online betting platforms are directly driving the global oil market as they rely heavily on unpredictable markets to secure multi-million dollar trades. Market experts said that datafeeds from forecasting platforms such as Polymarket are used to create algorithms that influence trades in the global Brent crude futures market. Polymarket’s “extensive” use of … Read more
US jet fuel supplies are well short of the Hormuz supply gap The US is a major consumer of jet fuel and often requires imports Higher imports could raise US jet fuel prices NEW YORK, April 1 (Reuters) – President Donald Trump this week told countries that are struggling to get jet fuel because of … Read more
Investors endured the worst month for the S&P 500 since March 2025 as the war in Iran, rising oil prices, fears of artificial intelligence and high inflation, all weighed on market sentiment. For many high-net-worth and high-quality investors, volatility has been an opportunity to buy dips, balance investments and look for beneficiaries amid political tensions, … Read more