The average rate on a 30-year fixed mortgage rose this week to 6.46%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.38%.
Unleash Prosperity warns capping credit card rates at 10% would act as a price control, potentially eliminating rewards programs and cutting credit lines.
A House committee report found China used a shadow fleet to buy sanctioned oil from Iran, Russia and Venezuela, stockpiling a massive strategic reserve.
Real estate experts say taxes, crime and shrinking services are driving Angelenos out of La La Land, with many relocating to Miami, Las Vegas and the greater Sunbelt.
The figure reported on Wednesday is above economists' estimates of an increase of 40,000 jobs. The prior month's reading was revised higher to a gain of 66,000 jobs.
Oracle is reportedly moving forward with layoffs as the software giant looks to restructure its workforce amid an investment in building out AI infrastructure.
Markets may feel fragile amid the ongoing Iran conflict, but Wells Fargo CEO Charlie Scharf argues that Main Street's economic indicators tell a different story.