Mortgage rates have confounded house hunters this year by steadily ticking higher. That trend is likely to continue, according to economists, with some predicting rates will climb back above 7%. “We’re effectively there,” Mark Zandi, chief economist at Moody’s Analytics, told CBS News. “And rates could easily go over.” The average rate for a 30-year…
Shortly after the judge overseeing Lindsay Clancy’s murder case declared a mistrial Friday due to a hung jury, President Trump called it a “terrible situation” and a “horrible tragedy” in his first public comments on a case that has drawn nationwide attention. Asked by reporters if he is following the Massachusetts trial, the president said:…
 5m ago Diesel hits an all-time high as U.S. gas prices surge ahead of Labor Day weekend U.S. gas prices surged ahead of Labor Day weekend, with diesel hitting a record of $5.85 a gallon Friday, eclipsing its prior mark of $5.81, set in June 2022. The AAA has predicted that travelers will face…
Thomas Ross, a Republican candidate for state representative in Missouri, is facing a federal charge over allegations he instructed his former campaign manager to plant cocaine and amphetamines on a political opponent, the Justice Department announced Thursday. Ross, 37, is charged with one count of conspiring to distribute a controlled substance in the alleged scheme…
Gasoline prices are surging ahead of Labor Day, with AAA predicting travelers will face the highest pump prices on record for the holiday weekend amid ongoing conflict in the Strait of Hormuz. The national average for regular gasoline reached $4.14 a gallon Thursday, up 4 cents from a week earlier, according to AAA data. Diesel averaged…
Beijing — On the outskirts of the Chinese port city of Ningbo, surrounded by lush green hills topped with giant wind turbines to harness the power of the gales off the East China Sea, is a factory where bosses believe they’re making the cars of the future. It’s where the Geely Auto Group, one of China’s…
The U.S. Mint will begin selling gold-colored $1 coins featuring President Donald Trump’s likeness at noon ET on Wednesday, with prices ranging from about $1.55 to $2.44 per coin. The coins, first announced in July, bear a rendering of Mr. Trump’s face on the obverse side, with the inscriptions “Liberty,” “In God We Trust” and…
Treasury yields edged higher on Tuesday, extending a global bond sell-off and threatening to raise borrowing costs for millions of Americans. The yield on the 10-year Treasury, which influences mortgage rates, rose to 4.78%, up from 4.75% late Monday and the highest level since January 2025. The yield on the 2-year Treasury, which closely tracks…
After a failed round of IVF this year, Anne Hug’s fertility doctor said she had a single polyp in her uterus that should be removed to improve the chance of pregnancy. Hug, a professor of radiology, learned that the American College of Obstetricians and Gynecologists says the procedure can be done in a doctor’s office…
President Trump on Friday said a U.S. deal with Venezuela to tap its oil reserves “will substantially lower Gas Prices for all Americans, long into the future.” With the average U.S. gas price still above $4 a gallon nationwide, American consumers may be wondering if help is on the way. Don’t hold your breath, energy…
