PCE inflation comes in hotter than forecast in July

Borrowers are also shifting toward adjustable-rate mortgages (ARMs), which carry a fixed rate for an initial period before resetting. Mortgage applications fell 1.5% for the week ending September 18, as the 30-year fixed rate hit 7.12%, its highest point since May 2024.https://t.co/02M12WmOsU — Mortgage Professional America Magazine (@MPAMagazineUS) September 23, 2026 The Mortgage…

Investors have become more focused on the durability of memory-chip demand, but there are reasons to be optimistic on that front, a UBS analyst said.

Key Points Space Exploration Technologies (NASDAQ: SPCX), better known as SpaceX, has had a bumpy takeoff since its IPO. After rocketing higher to $225 per share within days of its $135 initial public offering, the stock fell more than 50% over the following weeks. It now trades around $150 per share, but still exhibits considerable…

USFR: Floating Rate Treasury ETF, Declining Spreads, Zero Present Advantages To Benchmark

The Trump administration has enlisted Russia to help boost U.S. and global diesel supplies in an effort to lower prices for the fuel ahead of the U.S. midterm elections in November.

Shares of Multi Commodity Exchange (MCX) rose more than 2% on Wednesday as international brokerages issued bullish calls on the stock after market regulator Sebi proposed to allow foreign portfolio investors (FPIs) to participate in non-agricultural commodity derivative contracts, which are physically settled on domestic exchanges. In a consultation paper issued on Tuesday, the Securities…