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Average long-term US mortgage rate ticks up for second straight week, to 6.34%

WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to their lowest level in nearly a year. The average ...
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Beijing’s top diplomat in Hong Kong sets out four red lines for new US Consul General

HONG KONG (AP) — Beijing’s top diplomat in Hong Kong met with the city’s new U.S. Consul General this week to warn her against interfering in the territory’s internal affairs, his office said in a statement Thursday. Cui Jianchun, ...
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Federal shutdowns usually don’t do much economic damage. There are reasons to worry about this one

WASHINGTON (AP) — Shutdowns of the federal government usually don’t leave much economic damage. But the one that started Wednesday looks riskier, not least because President Donald Trump is threatening to use the standoff to permanently eliminate thousands of ...
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Illinois quick hits: DHS announces more than 800 illegals arrested; utility prices drop slightly

Midway Blitz announces 800 illegals arrested According to the Department of Homeland Security, U.S. Immigration and Customs Enforcement and U.S. Border Patrol officers have ...
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WATCH: Officials shift shutdown blame; agreed-bill process upended; GOP offers solutions

(The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares reaction to the partial federal government shutdown with Vice President J.D. Vance blaming Democrats and Gov. J.B. Pritzker blaming President ...
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Analysis-Fuel oil demand defies forecasts due to Red Sea disruptions and shadow fleet expansion

By Enes Tunagur LONDON (Reuters) -Fuel oil used in ships and power plants is seeing unexpected demand, with efforts to curb its use more than offset by an expanding shadow fleet of oil tankers serving Russia and others, and longer ...
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Fed’s Logan says US central bank must be ‘very cautious’ on rate cuts

(Reuters) -Federal Reserve Bank of Dallas President Lorie Logan on Thursday said the U.S. central bank appropriately took out some insurance against any sharp deterioration in the labor market with its interest-rate cut last month, but needs to be ...
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Tesla beats delivery estimates as EV buyers rush to secure expiring tax credits

By Akash Sriram (Reuters) -Tesla’s third-quarter deliveries trounced Wall Street estimates on Thursday, powered by an unusual sales boost from U.S. EV buyers rushing to lock in popular tax credits before their expiry at the end of September. The Elon-Musk-led carmaker ...
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US government layoffs could be in the thousands, White House says

WASHINGTON (Reuters) -U.S. government layoffs could be in the thousands, White House spokeswoman Karoline Leavitt said on Thursday as the federal government began the second day of a shutdown. (Reporting by Doina Chiacu; Editing by Caitlin Webber) Brought to you ...
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Exclusive-China’s banks lend to Saudi gas project while its funds sit out of BlackRock-led deal, sources say

By Hadeel Al Sayegh DUBAI (Reuters) -China’s biggest state banks are lending billions to Aramco’s Jafurah gas project, though its funds have passed on the opportunity to invest in the venture, three people familiar with the matter said. Chinese banks provided ...
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Brazil confident Senate will back taxing the wealthy to offset middle-class exemptions

By Marcela Ayres and Isabel Teles BRASILIA/SAO PAULO (Reuters) -Brazil’s government said it was confident the Senate would pass a bill expanding income tax exemptions for the middle class, after the measure cleared the Lower House late Wednesday. The proposal, a ...
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Tesla reports surprise increase in car sales in the third quarter

NEW YORK (AP) — Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. ...
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