Iran rejects U.S. talks for now as wait for Hormuz deal drags on
The wait for an Iranian deal with Oman on the Strait of Hormuz dragged on, as the Islamic Republic’s top envoy ruled out direct talks with the US for now.…
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Category: News
Europe’s hot stock markets are creating a buzz among investors
Europe’s stock market is firing on all cylinders and drawing money managers who say this rally will be more durable than just another short-term trade. Whether it’s earnings, economic growth,…
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Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf
After deciding against renewing all-out war against Iran, President Donald Trump signaled that he will continue applying economic pressure on the regime. Recommended Video In an interview with Axios on…
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By propping up the yen, the U.S. and Japan are actually admitting dollar dominance isn’t what it used to be, top economist warns
Last week’s attempt to boost the sagging yen wasn’t the first time the U.S. and Japan took such joint action, but the way they did it revealed weakness in the…
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Top economist warns that the AI math doesn’t make sense: ‘Profits are currently being funded by investors rather than earned from customers’
“Is there an AI bubble?” is such a tired thought. Here’s something altogether more wired: The AI boom is paying off, but not in a way that the current equities…
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Home equity loan and HELOC rates, August 10, 2026
Both a home equity loan and a home equity line of credit (HELOC) are financial products allowing you to tap equity you’ve built in your home by paying down your…
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Current ARM mortgage rates report for Aug. 10, 2026
While the bulk of homebuyers choose fixed-rate mortgages, there are cases where you might want to look closely at an adjustable-rate mortgage instead. For example, ARMs can be a smart…
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Mortgage rates Aug. 10, 2026
The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 6.688%, down from the day before, according to data from Mortgage Research Center. Meanwhile, the…
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Berkshire Hathaway finally spends massive cash pile, buying $10 billion in Alphabet stock and repurchasing $4.5 billion in shares
Berkshire Hathaway’s new CEO Greg Abel spent a significant chunk of the company’s massive pile of cash as it invested $10 billion in Google’s parent company and repurchased about $4.5…
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My $80,000 in student debt changed the next 10 years of my life — and that was in 1988. Imagine what it’s like now
In 1988, I graduated from law school $80,000 in debt and wanted nothing more than to work in civil rights. Instead, the math pulled me toward the private sector. It…
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