Higher mortgage rates will not only make the monthly payment higher, but may make it harder for applicants to qualify for a loan.
Category Archives: business
Airports were just getting through the passenger drought — then came a water drought.
From recycled water for restrooms to the cancellation of water cannon salutes, airports in many parts of the West are adjusting to a summer plagued by water shortages.
Redefining infrastructure would be a boon to women, lower-income and minority workers
Focusing on caregiving is, by definition, shining the spotlight on women.
Victoria's Secret enlists Megan Rapinoe, Priyanka Chopra as new ambassadors
The company on Wednesday announced its new VS Collective, a platform it says “will build new, deeper relationships with all women.”
'Be back by Labor Day': CEO issues sternest warning yet for return to work
“If you can go to a restaurant in New York City, you can come in to the office,” James Gorman said.
Jobless claims show surprise increase to highest level in a month
Most of the increase came from just two states — Pennsylvania, with 21,590 new claims; and California, which rose by 15,712.
Internet outages briefly disrupt access to websites, apps
Internet monitoring websites showed dozens of disruptions, including to airlines and banks.
Rising homebuilding costs hamper construction, pushing house prices out of reach
House prices have increased by the most in more than 15 years on an annual basis, raising concerns that some first-time buyers could be priced out of the market.
Federal Reserve holds interest rate steady, raises expectations for rising inflation
The Fed dramatically raised its forecast for inflation and shifted up the timeline for a rate hike.
Billions wiped off Coca-Cola's market value after snub from soccer star Ronaldo
The health-conscious athlete held up a bottle of water and said, “Agua.”