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The Federal Reserve likely will take back all the 2025 ‘insurance cuts’ or not raise interest rates at all, according to RBC Wealth Management.
Mortgage application activity slipped modestly last week as both purchase and refinance demand eased during the holiday-shortened period. The Mortgage Bankers Association (MBA) reported a 2.2% decrease in total application volume on a seasonally adjusted basis for the week ending July 3, with results adjusted for the Fourth of July holiday. Purchase applications declined 1%…
Existing-home sales eased in June after reaching a six-month high in May, as modest changes in mortgage rates continued to influence buyer activity. According to the National Association of REALTORS®, sales fell 2.4% from May to a seasonally adjusted annual rate of 4.09 million, though they remained 2.8% above their level from a year earlier….
A four-year ban on a U.S. central bank digital currency (CBDC) is set to take effect if a housing bill becomes law Saturday (July 11), CoinDesk reported Friday (July 10). The ban is included in the bill that was approved by Congress and sent to President Donald Trump, who has neither signed it nor vetoed it….
China temporarily bans helium exports as US-Iran tensions flare again
Fans of robotaxis hail the privacy and intimacy offered by a driverless car. But don’t forget: Waymo could be watching. The case has been made clear time and time again — and more recently in San Mateo after Waymo reported two 15-year-old riders to the local police department. Jeanine Luna, a San Mateo Police Department…
Volkswagen restructuring faces resistance after board setback
OpenAI latest AI model, GPT-5.6 Sol, likely has security vulnerabilities similar to one that led the Trump administration to impose export controls on Anthropic’s Fable 5 model, according to findings from U.K. government agency. OpenAI markets its latest model, GPT-5.6 Sol, as its most secure to date, but the British government researchers who tested it…
©Shutterstock.com Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology. 20 YearsHelping You…