business news

Prospective buyers at an open house in Florida.Mike Stocker | South Florida Sun Sentinel | Tribune News Service | Getty ImagesThe average rate on the 30-year fixed rate mortgage has fallen to 5.99%, according to Mortgage News Daily.The…

Futures linked to the Nasdaq-100 were higher Thursday, boosted by sharp gains from Facebook-parent Meta Platforms.Nasdaq-100 futures gained 1.3%. S&P 500 futures jumped 0.5%. Futures connected to the Dow Jones Industrial Average…

The Biden Administration has said the U.S. is in competition with China and restricted the ability of American businesses to sell high-end chip tech to China.Bloomberg | Bloomberg | Getty ImagesBEIJING — A ban on U.S. investment in…

Signs of ‘sequential acceleration’ in Hong Kong despite economy contraction in 2022: UBPHong Kong's economy is "in a position to return to expansion," this year, UBP told CNBC's "Squawk Box Asia" on Thursday. "We are seeing signs that…

Lael Brainard, vice chair of the US Federal Reserve, prior to taking the oath of office during a ceremony in Washington, D.C., on Monday, May 23, 2022.Al Drago | Bloomberg | Getty ImagesThe White House will likely appoint Federal Reserve…

Health insurer Humana (HUM) on Wednesday reported a stellar fourth quarter and provided a robust full-year outlook, setting the Club holding up for significant growth in 2023. Revenue increased 5.9% year-over-year, to $22.44 billion,…

A "For Sale" sign outside a house in Albany, California, on Tuesday, May 31, 2022.David Paul Morris | Bloomberg | Getty ImagesAfter a stronger start to the year, mortgage demand plunged last week, despite another drop in interest…

Ingots of 99.99 percent pure gold are placed in a workroom at Krastsvetmet precious metals plant in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. Alexander Manzyuk | ReutersGold demand soared to an 11-year high in 2022 on…

Major central banks set to signal interest rate glide pathThe Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in…

British Prime Minister Rishi Sunak speaks during a Q&A at Teesside University, on Jan. 30, 2023.Oli Scarff | Wpa Pool | Getty Images NewSThe U.K. formally laid out plans to regulate the cryptocurrency industry, with the government…