US home loan rates dipped slightly from recent highs though they remain elevated due to war-driven inflation.
Category: Business
US Markets Closed for Memorial Day as Iran Peace Deal Talks Move Oil Prices
US equity markets observe the Memorial Day holiday while oil drops on Hormuz deal optimism.
30-Year Fixed Mortgage Rate Averaged 6.51% in Week Ending May 22 2026
California property analysts warn of continued uncertainty as oil-driven inflation keeps rates high.
JPMorgan Forecasts Oil at $97/Barrel If Strait of Hormuz Reopens by Early June
The bank’s analysts revise energy outlook upward contingent on the US-Iran ceasefire deal being finalised.
March CPI Hit 3.3% Year-on-Year as Gasoline Prices Surged 21% Month-on-Month
The Fed’s last FOMC meeting under Chair Powell saw significant disagreement over rate paths amid war inflation.
Gas Hits $4.51 Per Gallon in US: Most Expensive Memorial Day Weekend in Four Years
The national average fuel price in America has risen 51% since the start of the Iran war.
Non-Carbonated Drinks Take the Spotlight as Seltzer Boom Fades
Consumer trend reports show a surge in non-carbonated beverage sales across North American markets.
Thailand’s SET Index Rises 0.76% on Hope for Middle East Conflict Resolution
Thailand’s stock market climbed as easing tensions in the Persian Gulf supported electronics and consumer sectors.
Date-Flation: Millennials’ Average Date Now Costs $252 According to BMO
A new BMO survey finds dating has become significantly more expensive as inflation hits entertainment and dining.
Singapore Inflation Hits 1.8% in April Falling Below Economist Forecasts
Core inflation in Singapore came in at 1.4% as services and retail price growth moderated.