News
Social Security COLA 2027: 3.5% Increase Expected After June Inflation Report - News and Statistics
25+ min ago (264+ words) Social Security beneficiaries are on track for a notable payment increase in January 2027, according to an analysis of the latest consumer inflation data. The report, published by Yahoo Finance on July 16, 2026, examines how the recently released June inflation figures shape…...
USD/CHF (USDCHF) is up 0.54% on Jul 16: The Reason Has Emerged
40+ min ago (458+ words) TradingKey USD/CHF (USDCHF) is up 0.54% on Jul 16: The Reason Has Emerged USD/CHF (USDCHF) is up 0.54% at Jul 16 12:25(ET), now at $0.80908, with a 7-day up of 0.30%. What is driving USD/CHF (USDCHF)’s stock price up today? The appreciation…...
Mortgage Rates Jump to Highest Level in Nearly a Year as Iran War Reignites
30+ min ago (743+ words) Mortgage rates surged this week to levels not seen in 11 months as the conflict between the U.S. and Iran continued ratcheting up with no resolution in sight, putting renewed upward pressure on energy prices and bond yields. The average rate on…...
Gold drops below $4,000 again as Middle East tensions fuel inflation fears
2+ hour, 7+ min ago (243+ words) Gold fell below $4,000 per ounce on Thursday, while silver posted a sharper decline, as escalating attacks in the Middle East drove oil prices higher and revived concerns over inflation and the outlook for US interest rates. Gold was last down…...
GBP/USD (GBPUSD) Is down 0.52% on Jul 16: Why It Happened
35+ min ago (566+ words) TradingKey GBP/USD (GBPUSD) Is down 0.52% on Jul 16: Why It Happened GBP/USD (GBPUSD) is down 0.52% at Jul 16 12:30(ET), now at $1.34681, with a 7-day up of 0.46%. What is driving GBP/USD (GBPUSD)’s stock price down today? The decline in…...
Mortgage rates hit multi-month high amid surging borrowing costs (XLRE:NYSEARCA)
42+ min ago (54+ words) Seeking Alpha Mortgage rates rose to their highest level in several months, hitting mortgage demand and driving an improvement in inventory. 30-year fixed-rate mortgages averaged 6.55% as of July 16, up from 6.49% last week and down from 6.75% in...
The Fed's new boss wants everyone to stop talking so much, and crypto markets are listening
37+ min ago (381+ words) Kevin Warsh's push to scale back Federal Reserve communication could inject fresh volatility into Bitcoin and digital assets as traders lose their favorite crystal ball. For years, the Federal Reserve operated like a central bank that really, really wanted you…...
Spot gold trades near session lows after U.S. weekly jobless claims drop to 208k
4+ hour, 26+ min ago (190+ words) (Kitco News) - Gold prices are near session lows on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists’ forecasts. Initial claims for…...
Swiss Franc falls as Middle East tensions keep Fed rate hike expectations alive
1+ hour, 39+ min ago (402+ words) The Swiss Franc (CHF) weakens against the US Dollar (USD) on Thursday as the Greenback regains its footing following a two-day decline. At the time of writing, USD/CHF trades around 0.8080, up nearly 0.35% on the day, rebounding from an intraday…...
Millions of savers issued £1,848 account warning
1+ hour, 42+ min ago (398+ words) Savers have been told to check their interest rates as they could be missing out on £1,848 per year. Members of the public polled by LHV Bank found that more than half of UK savers believe they're not making the most…...