Mortgage rates on Aug. 12, 2026
The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 6.731%, very slightly from the day before, according to data from Mortgage Research Center. Meanwhile,…
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Category: News
Home equity loan and HELOC rates, August 12, 2026
Homeowners can access the value they’ve built in their property, whether through steady mortgage payments or an all-cash purchase, by taking out either a home equity loan or a home…
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Forget the gala, these Silicon Valley schools run their own venture capital funds
Most American private schools still raise money the old-fashioned way—silent auctions, annual giving, and a yearly gala with mixed drinks and canapés. Recommended Video Crystal Springs Uplands School, a 569-student…
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Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream
Iran’s hardline demand for a Strait of Hormuz fee system would generate close to $20 billion a year, but such astronomical tolls won’t be accepted by the U.S. or Iran’s…
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U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lender
The government’s nearly $40 trillion national debt is now costing the Treasury more than $3 billion a day in service payments, according to a new report from the Congressional Budget…
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The Gulf wants to break free from the world’s data chokepoints
This is the web version of Fortune Gulf Brief, a weekly newsletter providing smart coverage on the capital, leaders, and policies transforming one of the world’s most consequential regions. Sign up…
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Current price of oil as of August 12, 2026
At 6:35 a.m. Eastern Time on August 12, 2026, the price of oil sits at $91.60 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s…
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Current price of Ethereum for August 12, 2026
At 6:45 a.m. Eastern Time on August 12, 2026, Ethereum (1 ETH) is trading at $1,909.89. That’s a $76.82 increase from yesterday and about a $2,681 gain over the past…
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Current price of Bitcoin for August 12, 2026
At 6:45 a.m. Eastern Time on August 12, 2026, one Bitcoin (BTC) is priced at $64,085.21. That’s down $105.20 from where it stood yesterday morning and roughly $56,000 lower than…
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Wall Street futures rise ahead of inflation report as the Fed watches surging costs
U.S. futures are pointing higher before the release of key inflation data for July that could provide a better idea of where prices are heading. Recommended Video Futures for the S&P 500…
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