US Mortgage Rates Climb Again as Buyers Face Fresh Strain Mortgage rates in the United States have moved back above 6%, adding fresh pressure to the housing market just as the spring buying season starts. The average rate on a 30-year fixed mortgage rose to 6.11% for the week ending March 12, 2026, up from […]
US Sanctions North Korea IT Worker Network Over Crypto Laundering Claims The United States has imposed sanctions on a North-Korea linked IT worker network and several alleged facilitators across multiple countries. Officials say the scheme used fake identities and hidden employment arrangements to target companies, move money, and generate funds for the regime. The case […]
Iran War Puts Trump’s Market Message Under Pressure President Donald Trump has often pointed to a strong stock market as proof that his economic agenda is working. That argument is facing a tougher test now as the Iran war drives oil prices higher, shakes investor confidence, and raises new worries about inflation and growth. Reuters […]
China’s Technology Plan Shifts From Catching Up to Leading China is no longer framing its tech strategy around catching up with the United States. Its new five year plan makes that clear. Beijing is putting technology at the center of economic policy, with a stronger push into artificial intelligence, robotics, advanced chips, quantum research, 6G, […]
February Inflation Holds Steady as Oil Risk Clouds Outlook U.S. inflation stayed in line with forecasts in February, which gave markets a brief sign of stability. The bigger issue now is what comes next. Fresh tension in the Middle East has pushed oil prices higher, and that has shifted attention away from last month’s data. […]
IEA Approves Massive Oil Release as Iran Disruptions Raise Global Supply Fears The International Energy Agency has approved the release of 400 million barrels of oil from emergency reserves after supply disruptions linked to the Iran conflict shook global energy markets. The move is meant to calm prices, support supply, and reduce the risk of […]
CEO Jane Fraser Highlights Strong Q1 Growth in Banking and Trading Citigroup expects solid growth in its investment banking and markets divisions during the first quarter, according to CEO Jane Fraser. Speaking on Tuesday, Fraser said the bank anticipates mid-teens percentage growth in both investment banking fees and trading revenue. The outlook reflects strong client […]
Rising Global Oil Prices Raise Concerns for US Stock Market Investors A sharp surge in global oil prices is creating new concerns for investors in the US stock market. Crude oil has climbed dramatically in recent weeks, largely due to escalating geopolitical tensions linked to the conflict involving the United States, Israel, and Iran. The […]
JP Morgan and Goldman Sachs Lead Bank Concerns Over Crypto Rules Some of the largest banks in the United States are considering legal action against a federal financial regulator over new licensing rules related to cryptocurrency and fintech companies. The debate centers on changes introduced by the Office of the Comptroller of the Currency (OCC), […]
AI Technology Fuels Misinformation About the Iran Conflict Experts speaking to BBC Verify say a massive surge of AI-generated misinformation related to the US-Israel conflict with Iran is spreading online. With easier access to generative AI technology, many online creators are producing and monetizing misleading content about the war. Researchers found numerous AI-generated videos and […]