Estimated read time 3 min read
World

U.S. Mortgage Rates Fall to Lowest Since Early May

Four-week decline offers slight relief to prospective homebuyers The average rate for a 30-year fixed U.S. mortgage dropped to 6.77% this week, its lowest level [more…]

Estimated read time 3 min read
World

Swiss and Norwegian Rate Cuts Highlight Global Policy Divide

Europe shifts to easing while Fed warns of U.S. inflation spike Central banks in Switzerland and Norway cut interest rates on Thursday, citing falling inflation [more…]

Estimated read time 2 min read
World

Japan’s Rice Prices Soar Over 100%, Fueling Inflation Surge

May sees sharpest spike in over 50 years as core inflation climbs Rice prices in Japan surged by 101.7% in May compared to the previous [more…]

Estimated read time 2 min read
World

Spain Expands Grid Rules to Include Renewable Voltage Control

New regulation gives solar and wind plants more grid responsibility Spain’s competition and energy watchdog announced on Thursday that it has updated long-standing voltage control [more…]

Estimated read time 2 min read
World

US Manufacturing Sector Contracts Amid Tariff Impact

The US manufacturing sector continued to experience contraction in May, as economic activity remained sluggish, according to the latest report from the Institute for Supply [more…]