Financials

U.S. mortgage rates jumped this week to the highest level in almost eight years, a trend that is pulling down home sales and slowing home price growth. Mortgage buyer Freddie Mac said Thursday that the average rate on a 30-year, fixed rate mortgage rose to 4.94 percent, from 4.8

U.S. long-term mortgage rates fell this week after four weeks of increases, giving a boost to prospective home buyers during the spring sales season.

Mastercard Inc. is wading into the buy-now, pay-later movement as consumers adopt a more nuanced view of credit purchases.

Americans' demand for credit declined over the previous year as expected, as mortgage interest rates rose, while the percentage of approve Source: www.channelnewsasia.com U.S. demand for...

Bryce Harper is the next big catch for any MLB team. But where will he go?

A 31 per cent rise in turnover at Kennedys saw the firm's global turnover rise from £149.9m to £196m, while UK turnover grew 14 per cent from £101.5m to £118m.

Italian lender UniCredit SpA (UCG, UNCFF.PK) announced that the company and its subsidiaries, UniCredit Bank AG or UCB and UniCredit Bank Austria AG or UCBA have agreed to pay penalties totaling approximately $1.

Citi’s Board of Directors has announced that Chairman Michael O’Neill will retire on January 1, 2019 and the Board has selected John C. Dugan to succeed O’Neill as Chairman on that date.

The Bank of America has filed a patent application with the U.S. Patent and Trademarks Office (USPTO) for a secure cryptocurrency custody. According to the patent document published last week by the USPTO Bank of America (BoA) proposes to a system that will allow enterprises safely store large amounts of cryptocurrency. Description of BoA’s Crypto Custody...

The board of directors of MetLife, Inc. (NYSE: MET) today announced that Michel A. Khalaf, president, U.S. Business and EMEA, will become MetLifes president and chief executive...