Average five-year mortgage rate hits 6% for first time in three years

BBC - Oct 5, 2026

The cost of a new fixed-rate mortgage has been rising in recent weeks as lenders face higher costs.

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Oct 4, 2026

Democratic rep: Administration 'has failed to present a strategy' in Iran war

Democratic Rep. Brad Schneider (Ill.) on Sunday criticized the Trump administration’s handling of the Iran war, saying officials have not explained their strategy for the conflict. “We need to explain to the American people what the goals are in trying to prevent, and we have to prevent Iran from ever getting a nuclear weapon, but...

Oct 4, 2026

Rebuked by Bond Market, Bessent Says ‘House’ Does Not Always Win

The Treasury secretary said in an interview with Axios that he cannot control the Treasury market but argued that U.S. bond yields would come back down over time.

Oct 4, 2026

China responds to US criticism of Starbucks' Xinjiang expansion

The Chinese Foreign Ministry on Saturday dismissed allegations from a US congressional committee concerning northwest China's Xinjiang Uygur Autonomous Region as lies and smears.

Oct 4, 2026

Hassett on negative polling on economy: ‘I just don't buy it’

Kevin Hassett, director of the National Economic Council, said Sunday he doesn’t believe in recent polls that show Americans’ negative feelings about the economy. “Ahead of an election cycle, the fact that there's, you know, possibly partisan pollsters telling us that the people are really really depressed, it's a classic Democrat move, and I just...

Oct 4, 2026

Numbers behind China's National Day holiday

China's National Day holiday is driving a massive wave of travel and consumption. Here are the numbers behind the holiday rush.

Oct 4, 2026

Gold shopping picks up in China as gold prices pull back

Oct 4, 2026

Trump funnels millions from massive war chest into key House, Senate races: Here's where

President Trump’s super PAC and affiliates have injected tens of millions of dollars into pivotal Senate and House races just one month from Election Day as the GOP looks to keep control of Congress. Trump’s MAGA Inc. and several affiliated groups — No Going Back PAC Inc. and Safety & Affordability PAC Inc. — have reported some of their...

Oct 4, 2026

Russians Snap Up Chinese E.V.s as Ukrainian Attacks Make Fuel Scarce

As Ukraine increasingly takes the war to Russia, the effects may be most visible on the roads.

Oct 4, 2026

China, US maintain trade communication at G20 ministerial

China has called on G20 members to uphold multilateralism and strengthen cooperation, as trade ministers met in Milwaukee, USA, from September 30 to October 1 to discuss food security, industrial overcapacity, forced labor and the most-favored-nation principle.