Fannie Mae just tore up its 2027 mortgage forecast

NAB bumped rates across its fixed home loan line up by up to 0.4% p.a. on Friday, amid mounting expectations the Reserve Bank’s February meeting could deliver a hike. Unemployment figures released on Thursday showed the jobs market strengthened in the month of December, with the jobless rate falling to 4.1% – a potential warning…

Investors are fretting over a report that Nvidia could backstop an OpenAI data-center lease, in what would be the largest such arrangement yet.

Artificial intelligence may be disrupting India’s $280-billion IT services industry today, but the technology could ultimately create its next wave of growth rather than destroy it, according to Rohan Korde, Fund Manager at Baroda BNP Paribas Mutual Fund. The fund house believes the recent correction in IT stocks reflects concerns over tariffs, AI-led disruption and…

Strait of Hormuz Shipping Attack Heightens Fears of Oil Supply Disruption Escalating Tensions and Oil Supply Risks in the Middle East By Mohammed Ghobari , Eman Abouhassira and Yasmine Ghania New Attack Reported in the Strait of Hormuz ADEN/DUBAI, Sept 13 (Reuters) – Maritime trackers received new reports of an attack on a ship in…

At 8:30am, Treasury announced it would double the size of the existing buyback program from $2 to $4 billion for 10-30yr maturities. This sounds like a big deal, but it’s only really a medium deal. It’s not QE and it never was. Treasury has been conducting buyback operations for more than 2 years and the…

TV host Jimmy Kimmel may soon mark the end of his decades-long run in late-night TV—leaving fans with one big question: Where will he retreat once the cameras stop rolling? Kimmel’s on-air career has made plenty of headlines over the past year, and now the comedian is reportedly preparing to leave “Jimmy Kimmel Live!” when…