Mortgage rates are rising, destroying the well-laid plans of home buyers

Mortgage payments over time (line chart)

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

Should you book a vacation flight now considering the rising cost of jet fuel?

What could oil above $100 mean for food prices in Europe?

Travelers planning summer vacations face a tough decision as global oil supply disruptions, caused by conflicts in the Middle East, have pushed up jet fuel prices leading to higher airfares being passed on to passengers. ADVERTISING ADVERTISING According to the latest analysis of the International Transport Organization, the price of world jet fuel stood at … Read more

US consumer confidence is rising, but job opportunities and hiring are falling sharply

US consumer confidence is rising, but job opportunities and hiring are falling sharply

Job opportunities fell by 358,000 in February, led by a decline in small and medium-sized businesses. Layoffs and layoffs increased to 1.721 million, and the rate increased to 1.1%. The Conference Board review shows few plans to buy big-ticket items despite some optimism WASHINGTON, March 31 (Reuters) – U.S. consumer confidence rose unexpectedly in March, … Read more

Iran’s currency is rising even further as consumer prices rise

The Iranian military uses schools and public spaces during the US-Israel conflict

The 33-page document shared with Iran International by the hacktivist group Edalat-e Ali (Justice of Ali) is marked “top secret” and named. Guidelines for Identifying, Monitoring, and Using Standards. This document is linked to the Special Intelligence Documentation Center and Deputy Operations of the IRGC missile command. Missile operation plan What emerges from this order … Read more

While low-income consumers struggle with rising gas prices, high-income earners panic when markets drop

While low-income consumers struggle with rising gas prices, high-income earners panic when markets drop

High oil prices due to the US-Iran war are straining already strapped low-income consumers. But as rates fall, there is a sign that high earners are also starting to feel the heat. Internal data from Bank of America on credit and debit card usage revealed that from the start of the war through March 21, … Read more

The next test of the stock market: rising war costs

The next test of the stock market: rising war costs

Inflation fears are driving bonds now, financial fears are likely to follow High security costs, chargebacks and the potential impact of shortages Rising inflation and environmental risks pose future threats March 31 (Reuters) – Inflation risks have pushed Treasury yields higher since the US-Iran conflict fueled energy prices. Now another threat to the health of … Read more

WATCH: Fed Chair Powell discusses rising energy prices, challenging labor market in Harvard lecture

WATCH: Fed Chair Powell discusses rising energy prices, challenging labor market in Harvard lecture

CAMBRIDGE, Mass. (AP) – Federal Reserve Chairman Jerome Powell said Monday that it is important to carefully watch inflation during the rise in energy prices since the Iran war. Watch Powell’s comments in full in the video player above. Powell, who spoke in front of about 400 students at Harvard University when gas prices averaged … Read more

Powell sees inflation slowing, not necessarily rising due to oil scare

Fed Chair Powell: Inflation expectations appear to be fairly stable over the short term

The chairman of the Federal Reserve Jerome Powell, in a wide speech at Harvard University, said on Monday that he sees inflation expectations established despite the rise in energy prices so the central bank does not need to respond with higher interest rates. As his term leading the central bank draws to a close, Powell … Read more

China’s “teapot” oil booms are keeping the economy growing – but rising prices are leaving them in trouble.

China's "teapot" oil booms are keeping the economy growing - but rising prices are leaving them in trouble.

TThe cities that are the bulwark of China’s energy security, in times of global crisis, can appear deceptively quiet. Oil trucks ply the open roads with little traffic, while a few quaint shops in dilapidated buildings give a hint of a long-forgotten local vibe. The ramshackle noodle shop serving hand-pulled noodles was empty at lunchtime, … Read more

The price of coffee is rising faster than any other grocery store – and the reason goes beyond fees.

The price of coffee is rising faster than any other grocery store - and the reason goes beyond fees.

The price of coffee is increasing faster than any other domestic grocery, and it is not only tariffs that drive this process – bad weather, war and frustration of market traders are also responsible for the rise. Coffee prices rose by a staggering 18.4% last year, according to government data from February. Most other household … Read more