The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.01% from 6.91%.
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NYCB raised the rate offered via its online arm My Banking Direct to 5.55%, higher than any other U.S. savings account, weeks after needing a capital infusion.
CEO Ed Bastian said hiring has slowed after the company added staff aggressively following the pandemic.
TSMC posted a surge in revenue in March as it cashes in on a continuing artificial intelligence boom powered by high-end chips.
The Bank of England will on Friday publish a long-awaited review by former Federal Reserve Chair Ben Bernanke that could lead to significant changes in its policymaking.
Toyota Motor revealed a new 4Runner SUV for the first time in nearly 15 years — completing a recent redesign of the automaker's current trucks and SUVs.
People have been posting their layoffs on TikTok, some to great acclaim. But career experts worn this can be very risky for your future prospects.
China needs to convince people that home prices are on their way up in order for growth to pick up, said Richard Koo, chief economist at Nomura.
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