Iran war hits housing market as mortgage rates rise to 6% on inflation fears

Mortgage rates are edging up on Thursday amid renewed inflation fears tied to the war in Iran. The average national rate for a 30-year fixed-rate mortgage rose to 6%, up modestly from 5.98% last week, the lowest since September 2022, according to new data from Freddie Mac. Home loan costs remain far lower than a year ago, when … Read more

Dow plunges more than 1,000 points as surging oil prices renew inflation fears

Stocks plunged Thursday, with the Dow Jones Industrial Average tumbling more than 1,000 points as oil prices jumped amid the war with Iran. Higher energy prices are sparking concerns on Wall Street that they could reignite U.S. inflation. The Dow tumbled 1,014 points, or 2.1%, as of 2:14 p.m. Eastern time. The broad-based S&P 500 … Read more

Oil surges, stocks plunge as fears of prolonged Iran war hit markets

Stock futures plunged and energy prices soared Tuesday as fears spread through global markets that the Iran war may bring prolonged disruption. The reaction came as President Donald Trump indicated the U.S.-Israeli operation may last weeks. Iran’s retaliatory attacks across the Middle East have hit U.S. embassies and Gulf oil facilities and brought shipping through … Read more

DHS remains unfunded as Iran sleeper cell fears spike nationwide amid security warnings

NEWYou can now listen to Fox News articles! Concerns about potential Iran-linked sleeper cells are rising as the Department of Homeland Security remains unfunded and Tehran and its proxies threaten retaliation over U.S.-Israeli strikes that American officials say killed nearly 50 top Iranian leaders. The sleeper cell concerns came into full focus over the weekend … Read more

Fears of a wider Middle East conflict grow as Iran launches retaliatory strikes

Iran launched retaliatory strikes on U.S. and Israel’s allies in the region as the joint airstrike campaign continued within Iran, leading to growing fears of a wider Middle East conflict. Imtiaz Tyab reports from Oman, the country that was mediating nuclear talks between Iran and the U.S. Source link

Fears of broader regional conflict after U.S. and Israel’s attack against Iran

Fears of broader regional conflict after U.S. and Israel’s attack against Iran – CBS News Watch CBS News The U.S. and Israel’s strikes against Iran has raised fears of a broader regional conflict that could last weeks. “Face the Nation” moderator Margaret Brennan and CBS News senior White House correspondent Weijia Jiang have the latest. … Read more

On the Lot: The deal Hollywood fears most

Welcome back to ON THE LOT, our weekly newsletter with fresh reporting and analysis on the biggest storylines in Hollywood. In today’s edition: The never-ending twists in the bid for Warner Bros. Discovery, some uninvited guests at the “Scream 7” premiere, riding shotgun with stunt driver Dee Bryant, and this week’s recommendations. Got tips (on … Read more

AI-linked fears roil some corners of Wall Street after years of hype and gains

Stocks surged to records in large part because of hope — and hype — about artificial intelligence. But in recent months, worries about aggressive spending on AI have rippled through Wall Street as investors question whether that spending will materialize into actual profits. And some industries wavered this week as anxieties about the technology intensified, … Read more

Google-parent stock drops on fears it could lose search market share to AI-powered rivals | CNN Business

CNN  —  Shares of Google-parent Alphabet fell more than 3% in early trading Monday after a report sparked concerns that its core search engine could lose market share to AI-powered rivals, including Microsoft’s Bing. Last month, Google employees learned that Samsung was weighing making Bing the default search engine on its devices instead of Google’s … Read more