In the most recent week, the average rate on a 30-year mortgage in the United States has experienced an increase for the third consecutive week, climbing to 6.44% from the previous week’s rate of 6.32%, as reported by Freddie Mac. This new rate marks the highest level observed in the…...

Mortgage rates have experienced an upward trend for the third consecutive week, contributing to reduced activity among homebuyers and those looking to refinance their existing loans. According to data from Freddie Mac, the average rate for a 30-year fixed mortgage reached 6.44% during the week leading up to Wednesday, marking…...

Meta has announced a new round of layoffs across its operations, including key teams associated with its popular messaging platform WhatsApp and social media site Instagram. This restructuring effort aims to realign the company’s resources with its long-term strategic goals, indicating a shift in focus as Meta navigates the rapidly…...

The discovery of large hawk-sized birds with raptor-like feet in Montana has garnered significant attention within the scientific community. These prehistoric avians, identified through fossilized remains, are believed to represent a new genus, showcasing adaptations that suggest they were formidable predators during their time. Paleontologists speculate that these birds may…...

The dynamics of the South Caucasus region are increasingly influenced by the interplay between major powers including the US, Türkiye (Turkey), and Russia, particularly against the backdrop of the struggles between Armenia and Azerbaijan. The US has positioned itself to guide the peace process between Armenia, now pivoting towards Western…...

In his review of three scholarly works on contemporary Russia, Satyajit Das examines how these narratives reflect Anglo-American biases while delving into Russia’s intricate past to offer insights into its current state. Das highlights a persistent stereotype, epitomized by Winston Churchill’s famous quote that portrays Russia as a “riddle wrapped…...

In an alarming revelation, investigative reporting by Paul Holden highlights a troubling connection between the Labour Party’s financing and a hedge fund that profits from the ongoing Israeli military operations in Gaza. Recently, it was disclosed that Quadrature Capital, based in the Cayman Islands, made a massive £4m donation to…...

Alimentation Couche-Tard Inc., the Canadian parent company of Circle K, is making a significant move to acquire Seven & i Holdings Co., known for its 7-Eleven convenience stores and various retail operations in Japan. The company’s chairman, Alain Bouchard, has expressed determination to ensure that local operations remain intact if…...

Hyundai Motor India is preparing to launch its initial public offering (IPO), setting the share price at 1,960 rupees, which will help the company raise an impressive $3.3 billion. This price point is positioned at the upper limit of the range provided to investors earlier, which was between 1,865 and…...

The ongoing climate crisis has taken a turn for the worse with recent observations revealing a significant decline in the effectiveness of carbon sinks. These crucial systems, responsible for absorbing carbon dioxide from the atmosphere, are faltering and exacerbating the threat of climate change. This alarming development not only affects…...

Takushi Sawada, a senior trader at Nomura Holdings Inc. focusing on Japanese government bonds, has recently departed from his role, as reported by insiders. Sawada has been a prominent figure in the firm, leading a team of more than five traders in Tokyo over his more than ten years as…...