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Key Takeaways Now is a good time to buy CDs, as yields have begun to tick back up after falling in late 2025 when the Federal Reserve cut its rate three times. In the current environment, you can find both short-term and long-term CDs that pay above 4% APY. The average six-month CD rate is…
News Published: Wednesday, July 8, 2026, 18:30 [IST] Silver has become much more expensive in India than global benchmark prices, as tighter import rules have reduced supplies in the country. According to a Reuters report, dealers said silver is now trading at a premium of around $6.5 per ounce in the domestic market, which is…
HSBC has suspended high-risk private credit financing after major corporate insolvencies. Credit: Alexander Fedosov / Shutterstock.com HSBC has suspended high-risk private credit financing following major corporate insolvencies that exposed weak industry underwriting, the Financial Times reported citing sources. The UK-headquartered banking giant recently informed clients it will not renew facilities for private credit funds that…
Oil surges, stocks tumble as Trump declares Iran MOU ’over’
While love may be priceless, your credit score isn’t. Between gifts, getaways, and special plans, it’s easy for spending on our significant others to creep higher than expected.
Critical raw material clubs can help diversify critical minerals supply chains by improving cooperation, investment, and resilience among trusted partners. Different types of CRM clubs are designed to address distinct economic challenges, including information gaps, coordination failures, commitment issues, and distributional conflicts. Effective CRM clubs require governance arrangements that are proportionate to the complexity of…
Enhanced Payments, announced Wednesday (July 8), is offered through the bank’s mobile app and online banking platform and designed to help businesses save time and lower costs. “Businesses can complete international wires digitally rather than at a branch and move money quickly with convenient options such as same-day ACH and instant payments,” U.S. Bank said…
Elon Musk’s latest brand is called SpaceXAI. It will be the face of all the AI services offered by SpaceX, from Grok to its AI server farms on Earth and in space. Its new Frankenlogo is about as visually convoluted as the company’s name suggests. It shows the iconic Space X wordmark with an illegible…
FUNDAMENTAL OVERVIEW USD: The US dollar bounced back this week as US-Iran risks resurfaced after both parties exchanged attacks. The US launched a series of strikes on Iran in response to Iranian attacks on three vessels in the Strait of Hormuz. Iran retaliated by bombing US bases in Bahrain and Kuwait, warning of further strikes…
by Calculated Risk on 1/08/2026 08:03:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday:• At 8:30 AM ET,: Employment Report for December. The consensus is for 55,000 jobs added, and for the unemployment rate to decline to 4.5%. • At 10:00 AM: Housing Starts for September and October….