Mortgage rates finally ticked a tiny bit lower last week, but not enough to help the ailing mortgage market. Economic uncertainty, fueled by the Iran war, is keeping rates elevated and homebuyers on the fence. As a result, total mortgage application volume fell 0.8% last week compared with the previous week, according to the Mortgage…
The headquarters of HM Revenue and Customs near the Houses of Parliament in the Westminster district of London, UK, on Tuesday, Jan. 24, 2023. Photographer: Hollie Adams/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Hello and welcome to this week’s CNBC U.K. Exchange. This week I am assessing the many changes taking place…
1. ‘Fragile truce’ A television station broadcasts a news conference with US President Donald Trump on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, April 6, 2026. Michael Nagle | Bloomberg | Getty Images Stock futures rocketed higher overnight after President Donald Trump announced a two-week ceasefire with…
US President Donald Trump looks on during a press conference about the conflict in Iran in the James S. Brady Press Briefing Room of the White House on April 6, 2026, in Washington, DC. Saul Loeb | Afp | Getty Images The U.S. will impose tariffs of 50% on “any and all” goods imported to…
An underappreciated step in the chipmaking process is poised to become the next bottleneck for artificial intelligence. Every microchip used to power artificial intelligence must be put into hardware that can interact with the outside world. But right now, almost all of this chipmaking step, known as advanced packaging, happens in Asia, and capacity is…
An aircraft of InterGlobe Aviation Limited, IndiGo is landing in Mumbai, India, on June 20th, 2023. Indranil Aditya | Nurphoto | Getty Images Shares of India’s largest airline, IndiGo, rose more than 11%, before paring some gains, as the U.S.-Iran ceasefire announced Wednesday is likely to ease the strain on India’s aviation sector. In a…
Check out the companies making the biggest moves premarket: Delta Air Lines — Shares traded 12% higher, boosted by the steep declines in oil prices after the U.S. agreed to a ceasefire. The airline also posted better-than-expected results for the first quarter, though it issued second-quarter guidance that was below analyst estimates. Levi Strauss —…
Spain’s Prime minister Pedro Sanchez addresses parliament over the war in the Middle East at the congress in Madrid on March 25, 2026. Thomas Coex | Afp | Getty Images Spanish Prime Minister Pedro Sánchez on Wednesday joined a chorus of world leaders welcoming the announcement of a U.S.-Iran ceasefire but issued a thinly veiled…
BUDAPEST, HUNGARY – APRIL 7: U.S. Vice President JD Vance speaks at a joint press conference with Hungarian Prime Minister Viktor Orban on April 7, 2026 in Budapest, Hungary. Vance is supporting Orban’s bid for reelection in Hungarian parliamentary elections scheduled for April 12. (Photo by Jonathan Ernst – Pool/Getty Images) Pool | Getty Images…
In the rural plains of Northern Poland, at a remote base surrounded by farmland and pine forest, some 150 U.S. Navy sailors have a small slice of comfort through the Navy Exchange Mini Mart, a place for familiar snacks, hygiene products and the household brands many of them knew growing up. One of hundreds of…
