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…
Washington — President Trump’s investment accounts have continued to purchase and sell stock holdings in oil and natural gas companies while he oversees the U.S. war with Iran, according to his financial disclosure filings through the second quarter of 2026. As the Iran war continued, paused for a ceasefire and then restarted, Mr. Trump has…
Last year, Cuban immigrant Yasmany Moreno de Armas was working and living in Florida. He’s now in the Central African Republic, after the Trump administration sent him and dozens of deportees to the deeply impoverished and conflict-ridden nation. The 31-year-old said he only learned the U.S. government was deporting him to Africa after he arrived…
American workers’ wages are once again failing to keep up with inflation — a painful financial déjà vu of the pandemic years. The repeat situation may feel even more acute given that many workers are still catching up from the 2021-2022 inflationary bout, when companies gave workers only moderate pay raises that fell short of four-decade-high price…
Defense Secretary Pete Hegseth on Tuesday defined Project Freedom, a day-old U.S. military operation to assist commercial vessels stuck in the Persian Gulf to get out via the Strait of Hormuz, as completely separate from hostilities with Iran that began with joint U.S.-Israeli strikes on the country on Feb. 28. “This operation is separate…
Companies that stuck with their diversity, equity, and inclusion policies during the second Trump administration, which has sought to cut such programs from the federal government and encouraged private-sector firms to follow suit, have incurred no financial penalties, according to a new study. Corporations in the S&P 500 that maintained their DEI programs performed just…
Restaurateur Tommy Fello was driving from his Ohio establishment to his house on Christmas Eve when he started veering off the road. Fello, then 71, had been awake since 4 a.m. local time preparing a holiday buffet for his family. He chalked the disturbance up to a flat tire. Driving slowly and relying on the…
Jahir Rodríguez knew what was happening when he saw thick, dark clouds forming near his home in western Colombia on Monday morning. Parts of his dear Pereira were crumbling. The urban planner and former professor also knows what happens next after a powerful earthquake devastates whole communities. He sprang into action after a deadly 1999 quake…
Logan Coleridge was used to taking hits in football. He’d been playing since he was 6 years old and had sustained several concussions. But after a helmet-to-helmet impact during his freshman year of high school in August 2023, he started having debilitating symptoms. The New Jersey teen said he was very dizzy and had trouble…
Sick of cleaning your home? One company wants to let you offload the task to a humanoid robot. For $30 an hour, some San Francisco residents can now hire a robot to clean their home. Tau Robotics, an engineering company that builds AI technology to power robots, announced the service last month as part of…
