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Stories and analysis from The Business Now newsroom.
Economy
Buying a Home Just Got Harder: Mortgage Rates Hit Their Highest Level in Nearly a Year
Buying a Home Just Got Harder: Mortgage Rates Hit Their Highest Level in Nearly a Year For millions of Americans hoping to buy a home, financing just became more expensive. The average 30-year fixed mortgage rate has climbed to 6.58%, its highest level since August of last year, according to the latest market data. The...
Business
Trump Approves Historic Saudi Nuclear Deal: Strategic Breakthrough or Regional Gamble?
Trump Approves Historic Saudi Nuclear Deal: Strategic Breakthrough or Regional Gamble? The geopolitical landscape of the Middle East may be entering a new chapter. President Donald Trump has approved a landmark civilian nuclear cooperation agreement with Saudi Arabia, a move that supporters describe as a strategic breakthrough for U.S.-Saudi relations but critics warn could reshape...
Business
Beyond Washington and Tel Aviv: How India’s Defense Future Could Be Affected by America’s New Bill
Beyond Washington and Tel Aviv: How India’s Defense Future Could Be Affected by America’s New Bill A new provision in the United States’ annual defense legislation has triggered an intense political debate in Washington. Critics argue it could deepen military integration between the United States and Israel, while supporters describe it as a way to...
Global
Trump’s $21 Million India Election Allegation Returns: What Was Claimed, What Investigations Found, and Why the Debate Continues
Trump’s $21 Million India Election Allegation Returns: What Was Claimed, What Investigations Found, and Why the Debate Continues A political controversy that first erupted months ago has returned to the spotlight after U.S. President Donald Trump again referred to an alleged $21 million USAID expenditure linked to India’s elections. The allegation quickly dominated political discussions...
Business
Trump Warns Iran After Red Sea Tanker Attacks: Could the World’s Most Critical Shipping Route Be at Risk?
Trump Warns Iran After Red Sea Tanker Attacks: Could the World’s Most Critical Shipping Route Be at Risk? A fresh escalation in the Middle East has once again placed one of the world’s most important maritime trade routes under intense global scrutiny. After two Saudi oil tankers were attacked in the Red Sea, U.S. President...
Markets
Trump’s $100,000 Social Media Plan Sparks Backlash: Is Real-Time Political Information Becoming a Premium Product?
Trump’s $100,000 Social Media Plan Sparks Backlash: Is Real-Time Political Information Becoming a Premium Product? Information has always been valuable. On Wall Street, milliseconds can separate profit from loss. In politics, a single post can move markets, dominate news cycles, and shape public debate. Now, a reported proposal involving Trump Media & Technology Group (TMTG)...
Business
Super El Niño Warning: Could the Next Climate Shift Disrupt Food Prices, Energy Markets, and the Global Economy?
Super El Niño Warning: Could the Next Climate Shift Disrupt Food Prices, Energy Markets, and the Global Economy? Weather rarely makes financial headlines—until it starts moving markets. New long-range forecasts from meteorological researchers are drawing attention to the possibility of a very strong El Niño event developing into late 2026 and early 2027. While no...
Commodities
Oil Hits $100: The Global Energy Shock That Could Make Everything More Expensive
Oil Hits $100: The Global Energy Shock That Could Make Everything More Expensive A price level that global markets have been fearing has returned. Brent crude oil has climbed to $100 per barrel, a psychological and economic milestone that could have far-reaching consequences for households, businesses, governments, and financial markets worldwide. The rally has been...
Business
Europe Hits Pause: Why the ECB’s Interest Rate Decision Could Be a Warning for the Global Economy
Europe Hits Pause: Why the ECB’s Interest Rate Decision Could Be a Warning for the Global Economy The European Central Bank (ECB) has chosen caution over action. In its latest monetary policy announcement, the ECB left its key interest rate unchanged at 2.40%, while the Deposit Facility Rate remained at 2.25%, matching economists’ expectations. At...