U.S. mortgage rates climb after five weeks of declines

The long-term rate ticked up to 6.72% from 6.67% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.89%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also...

One Big Beautiful Bill Hands U.S. Coast Guard Billions for Shipbuilding

The One Big Beautiful Bill Act put down serious money towards fixing the U.S. Navy's long-term supply challenges, but it contains even more funding for another pressing maritime challenge: recapitalizing the aging assets of the U.S. Coast Guard,...

U.S. Architecture Billings Improve Slightly in May

Email Sign Up For Our Free Weekly Newsletter Yet Sector Still Contracting in 2025 The American Institute of Architects (AIA) and Deltek reported a modest improvement in their Architecture Billings Index (ABI) for May 2025, though the sector...

U.S. Navy Shipbuilding Delays Extend to Amphibs

The U.S. Navy's shipbuilding delays already affect new carriers, destroyers, frigates and subs, and the slowdown extends into the amphib fleet as well. Buried in Pentagon budget documents for FY2026 are two notes on the America-class (LHA)...

Satellite Images Reveal Iranian Missiles Did Hit Key U.S. Air Base In Qatar

File image. The June 23 Iranian missile attack on the United States Al Udeid Air Base in Qatar likely hit a geodesic dome housing secure communications equipment, satellite images published on July 10 revealed. The attack, which saw Iran firing...

SK ecoplant sells part of stake in U.S. fuel cell company

SEOUL, July 11 (Yonhap) -- SK ecoplant Co., the construction arm of South Korea's SK Group, has sold part of its stake in U.S.-based fuel cell company Bloom Energy Corp., sources said Friday. SK ecoplant offloaded 10 million common shares in Bloom...

Yeehaw — Texas community banks outperform peers across U.S.

Texas churns out more high-performing community banks than any other state — and it's not because everything in the state is proverbially bigger. More than one-third of the 20 top-performing banks with between $2 billion and $10 billion of assets...

The Link Between U.S. Immigration Changes and Real Estate Opportunities in the Philippines

Share Post Viber icon Viber Email For many Filipino-Americans and overseas Filipinos, real estate remains one of the most meaningful ways to stay connected to the homeland. Whether you’re planning for retirement, securing a future home, or...

Zillow: Memphis reports smallest housing shortage among major U.S. metros

U.S. Power Utilities Seek Price Hikes on AI Demand

Power utilities in the United States have applied for permission to raise electricity prices, with a demand surge from AI data centers suggested as the reason, the Financial Times reported today, citing data from PowerLines, an energy...

U.S. Sanctions 22 Entities Tied to Iranian Regime’s Shadow Banking Network

The U.S. Treasury Department announced sanctions against 22 companies and entities based in Hong Kong, the United Arab Emirates, and Turkey, accusing them of helping to circumvent sanctions and finance oil sales for the benefit of the Quds Force,...

Nippon Steel plans new U.S. mill to compete against Chinese

Nippon Steel Corp. will construct a new mill in the United States through U.S. Steel, its subsidiary, as it seeks to close the gap on global leader China Baowu Steel Group Corp., its chief executive said. “We cannot allow Chinese rivals to catch...

Use of Floorplans in Real Estate Listings is Permissible Under U.S. Copyright Law

In Designworks Homes, Inc. v. Columbia House of Brokers Realty, Inc., the Eighth Circuit Court of Appeals resolved the question in a significant decision for real estate professionals by affirming that using home floorplans in resale listings can...

Surge in U.S. Concern About Immigration Has Abated

Story Highlights 30% of Americans want immigration decreased, down from 55% a year ago Record-high 79% consider immigration good for the country Support down for border wall, mass deportation WASHINGTON, D.C. — Americans have grown markedly more...

The Wealthiest Immigrants in the U.S. – Three Greeks on the List

At 14, he packed boxes in a Manhattan warehouse for 30 cents an hour and later pioneered the aircraft leasing industry. “When you escape that situation and come to America, you have a completely different set of values compared to those born here,...

U.S. Hotels State of the Union July 2025 Edition

Economy After 1Q25’s forecast release, CBRE cut its 2025 GDP outlook to 1.3% from 1.9%. In June, CBRE reduced its 2025 and 2026 GDP growth estimate to 1.3% and 2.0%, respectively, below the long-run average of 2.1%. Inflation is now expected to...

Controversial cuts involving 'Big Beautiful Bill' addressed outside U.S. Federal Building in Honolulu

Many in Hawaii are concerned about potential impacts on services such as the Supplemental Nutrition Assistance Program (SNAP) and Medicaid following the signing of President Donald Trump's One Big Beautiful Bill Act into law on July 4. The bill...

U.S. Rep. Ed Case on immigration system, latest federal budget bill

In federal court Wednesday morning, a number of immigrants became U.S. citizens in a naturalization ceremony. It is an event that U.S. Rep. Ed Case has been invited to attend. Case often votes independently from members of the Hawaiʻi delegation,...

U.S. issues sanctions against United Nations investigator probing abuses in Gaza

UNITED NATIONS — The Trump administration announced Wednesday that it is issuing sanctions against an independent investigator tasked with probing human rights abuses in the Palestinian territories, the latest effort by the United States to punish...

How successful will Zohran Mamdani’s rapid rise in U.S. politics be?

New York City mayoral candidate Zohran Mamdani attends a press conference with union leaders and supporters in New York City, U.S., July 2, 2025. Editor's note: Teymur Atayev is an Azerbaijani publicist, historian, political scientist, and host of...