US 30-year fixed mortgage rate jumps to near 21-1/2-year high
By Safiyah Riddle U.S. mortgage rates surged this week, with the popular 30-year fixed rate hitting the highest
2023-08-18 02:19
27 Boston Market restaurants ordered closed in New Jersey for unpaid wages
New Jersey ordered more than two dozen Boston Market locations to close Tuesday because regulators found "multiple violations of workers' rights," including failure to pay wages, and fined the restaurant chain nearly $2.6 million.
2023-08-16 20:25
A million interest only mortgages come under UK watchdog scrutiny
LONDON (Reuters) -Nearly half of people with interest-only mortgages may be too optimistic about their ability to pay the outstanding
2023-08-15 18:15
UK wages grow at a record pace, nearing the inflation rate
Wages in the United Kingdom grew 7.8% in the three months to June, the fastest annual rate since records began, the Office for National Statistics said Tuesday.
2023-08-15 15:15
Australia Q2 wage growth softer than expected, adds to rate pause case
By Stella Qiu SYDNEY Australian wage growth held steady in the last quarter, while annual pay increases eased
2023-08-15 10:19
UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
2023-08-15 01:53
Maui wildfires cause more than $1.3 billion in residential property damage, according to a preliminary estimate
The devastating Maui firestorm, which killed dozens of people and displaced thousands more, cost $1.3 billion in damage to 3,088 residences, a preliminary report found Thursday.
2023-08-12 07:24
US mortgage delinquency rates fall to all-time low
By Safiyah Riddle U.S. mortgage delinquency rates fell to a record low in the second quarter due to
2023-08-11 04:52
Pilots back wage deal with Lufthansa, averting fresh strikes
FRANKFURT Members of the pilots' union VC have voted by a large majority to back a wage deal
2023-08-10 21:27
Japan June real wages down for 15th month despite solid nominal growth
TOKYO Japanese real wages fell for a 15th straight month in June on relentless price hikes, but nominal
2023-08-08 07:53
Sage Tumbles as Depression Pill Approval Omits Major Disorder
Sage Therapeutics Inc. slumped in early trading after regulators granted approval to its fast-acting pill only for postpartum
2023-08-07 20:29
'This isn't some random dude with a duffel bag': To catch fentanyl traffickers, feds dig into crypto markets
The Biden administration has intensified its focus on tracing cryptocurrency payments that some of the most dangerous Mexican drug cartels use to buy fentanyl ingredients from Chinese chemical companies, the latest step in a renewed attempt to crack down on the multibillion-dollar fentanyl trade that kills thousands of Americans each year.
2023-08-05 19:18