The 30-year fixed mortgage rate is averaging 7.45%, its highest level in more than two years, making it even harder for Americans to jump into the housing market. NBC’s Christine Romans joins TODAY to break down why rates are rising and what it means for borrowers and savers.
Category Archives: business
Trump rolls out red carpets for Xi, though he has portrayed China as a global menace
Just two months ago, President Donald Trump gave a primetime speech accusing China of interfering in the 2020 election.
McDonald’s leans into AI and new menu items to attract customers
McDonald’s plans to invest $8.5 billion in its new “NEXT” strategy using AI technology to modernize restaurants and introducing new menu items to reach more customers. NBC News’ Allie Canal breaks down what the company’s next chapter could look like.
Bond yields surge to fresh two-decade highs but oil prices buffeted by Iran headlines
Key U.S. Treasury yields surged to fresh two-decade highs Thursday, as the price of oil returned to $105 per barrel.
Early Deals on Holiday Shopping: What to Buy, Trends to Look For
With Christmas three months away, NBC’s Vicky Nguyen joins TODAY to talk about why you should start your holiday shopping now, lists October shopping events, explains what items are worth waiting for Black Friday and Cyber Monday, the gift trends to watch for, and more!
Judge orders White House to restore access for CNN, MS NOW and Politico
A federal judge ordered early Thursday that the White House immediately restore access for CNN, MS NOW and Politico, saying that President Donald Trump’s directive barring the three news outlets was most likely unconstitutional.
U.S. and China agree to extend trade truce through Jan. 10, Bessent says
The agreement extends the suspension of some tariffs as Chinese President Xi Jinping arrives in Washington for a state visit.
Treasury yields surge to near 20-year high as oil jumps back above $103 per barrel
The yields on U.S. Treasury bonds surged Wednesday as oil prices also climbed.
How to Navigate the Housing Market Amid Rising Interest Rates
The housing market is always changing, so real estate broker and president of R New York Stefani Berkin joins the 3rd Hour of TODAY to separate fact from myth. See her expert breakdown, which includes the best time to buy a home, when to do repairs, and more.
CNN, Politico and MS NOW to face off with Trump administration in court over White House ban
The news outlets that President Donald Trump abruptly banned from accessing the White House will be in court Wednesday to argue the policy is unconstitutional.