The average long-term US mortgage rate declined again this week, hovering just above its lowest level for 2025, as easing Treasury yields and Federal Reserve rate expectations continued to bring relief to borrowers, according to mortgage buyer Freddie Mac.Freddie Mac said on Thursday that the average rate on a 30-year mortgage slipped to 6.27% from…
More than 3,000 people in Britain have joined a lawsuit accusing the company of knowing that its baby powder contained carcinogenic fibers, including asbestos. Source link
SGBs are witnessing heightened interest from retail investors in the secondary market. (AI image) Ahead of Diwali and Dhanteras, gold prices have been skyrocketing this festive season. Investors are looking at investment avenues – and Sovereign Gold Bonds (SGBs) are gaining huge traction in the secondary market. SGBs offer an eight-year investment period with a…
A 25 percent levy on heavy-duty trucks and parts is set to take effect next month. Companies have few details on the policy. Source link
Gold prices are likely to stay firm amid global uncertainty, with the dollar and rupee expected to trade in narrow ranges as tariff tensions and geopolitical risks keep markets volatile, Director of Commodities and Currencies at Anand Rathi, Naveen Mathur, said in an interview with ET.He noted that the dollar index, which touched a three-month…
The hacks at four North American airports raised fresh concerns over the security of noncritical but highly visible airport infrastructure. The airports said the disruption was minimal. Source link
Markets regulator Sebi is taking steps to enhance institutional participation in both agricultural and non-agricultural commodity markets, aiming to make them more appealing for hedging activities, its chairman Tuhin Kanta Pandey said on Thursday, PTI reported.Speaking at the Bloomberg Forum for Investment Management, Pandey said, “We are looking to enhance institutional participation to make this…
Josh Wander, a Miami businessman, drew scrutiny after buying soccer teams on three continents through 777 Partners, which collapsed after facing spiraling accusations of wrongdoing. Source link
Dimon expressed a measured view on gold ownership whilst acknowledging its potential value in current circumstances. Jamie Dimon, the JPMorgan Chase & Co CEO, who is long known to be a skeptic on gold investment, has said that he now sees a ‘semi-rational’ in having the yellow metal as part of your investment portfolio.Gold prices…
Delta Air Lines and United Airlines have accounted for most of the industry’s profits since 2022. Their appeal to wealthy travelers could become a liability if the economy weakens. Source link
