Jul 21 Average national 30-year mortgage rate hits 5.54% By Matt Ott, Associated Press Average long-term U.S. mortgage rates are ticking higher this week in a rapidly cooling housing market as the Federal Reserve gears up for what could be yet another bump to its benchmark interest rate. Continue reading
Jul 21 WATCH: Senate panel explores skyrocketing housing prices By Molly Finnegan and Ken Sweet, Michael Casey, Alex Veiga, Associated Press The Senate Banking Committee explored the state of housing in the United States in a hearing Thursday, as rising mortgage rates, low inventory and high home and rental prices squeeze consumers. Continue reading
Jul 21 U.S. jobless claims hit 8-month high By Matt Ott, Associated Press The number of Americans applying for unemployment benefits last week rose to its highest level in more than eight months, a sign the labor market may be showing some weakness. Continue reading
Jul 20 Watch 3:58 News Wrap: Ukraine’s first lady appeals directly to Congress for more aid In our news wrap Wednesday, Ukraine's first lady Olena Zelenska appealed directly to the Congress for more weapons and financial support, Ukrainian forces used U.S.-supplied rockets to blast a bridge critical to Russia, the UN says Afghanistan has seen some… Continue watching
Jul 20 UK heatwave, wildfires spur calls to adapt to climate change By Danica Kirka, Jill Lawless, Associated Press Britain's heatwave is spurring calls for the government to speed up efforts to adapt to a changing climate after wildfires created the busiest day for London firefighters since bombs rained down during World War II. Continue reading
Jul 20 WATCH: Biden announces modest climate action at former coal plant in Massachusetts By Seung Min Kim, Matthew Daly, Associated Press President Joe Biden on Wednesday announced modest new steps to combat climate change and promised more robust action to come, saying, “This is an emergency and I will look at it that way.”… Continue reading
Jul 19 Watch 6:33 News Wrap: Russia’s assault on Ukraine’s cities kills scores of civilians In our news wrap Tuesday, Russia targets Ukraine's cities killing scores of civilians, Russian President Putin meets with Iran's leaders amid sanctions, the WHO issued new warnings about super-infectious COVID subvariants, a CDC panel is considering who should receive a… Continue watching
Jul 19 Watch 8:51 Commerce Secretary Gina Raimondo discusses the U.S. chip shortage The Senate on Tuesday moved forward to boost semiconductor production in the U.S. as a chip shortage continues to impact the everyday lives of Americans. It’s part of a broader push to entice chip manufacturers to the U.S. and address… Continue watching
Jul 18 Watch 3:47 News Wrap: Russia pounds Ukraine with heavy shelling as the civilian death toll rises In our news wrap Monday, Russia continued its campaign of heavy shelling in Ukraine that killed more civilians as Russian President Putin remained defiant over western sanctions, the acting president of Sri Lanka declared a state of emergency that gave… Continue watching
Jul 18 Climate change aid, Ukraine war fallout feature at Berlin talks By Frank Jordans, Geir Moulson, Associated Press Officials from 40 countries are meeting in Berlin to discuss how to stay focused on fighting climate change while the world reels from the economic fallout of the pandemic and Russia's invasion of Ukraine. Continue reading