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US hiring jumped last month. So did unemployment. Here's what that says about the economy US hiring jumped last month. So did unemployment. Here's what that says about the economy 06/02/2023 04:47pm • WASHINGTON (AP) â The nationâs employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in an economy that the Federal Reserve is desperately trying to cool. Friday's report from the government reflected the job market's re British government appoints new acting chair for BBC to 'provide stability' 06/02/2023 08:56am • LONDON (AP) â The British government appointed a new acting chair for the BBC on Friday, five weeks after the resignation of Richard Sharp, who was found to have failed to disclose a potential conflict of interest over his role in arranging a loan more than two years ago for then-Prime Minister Bo Rent to Own 101 06/01/2023 08:00pm • A rent-to-own agreement can be an alluring option for aspiring homebuyers who don't yet qualify for a mortgage. But if you're contemplating going through the rent-to-own process, you'll want to tread carefully. There are a variety of pitfalls associated with rent-to-own agreements. Here's a primer o Mortgage Rates Climb as U.S. Narrowly Avoids Default 06/01/2023 08:00pm • Mortgage rates surged higher across the board again, with the 30-year fixed rate increasing for the fourth consecutive week to 7.24%. Both fixed and adjustable mortgage rates are about the highest they've been since we began collecting this data in January 2022, with the 5/1 ARM rate reaching a high 9 Short Squeeze Stocks That Could Take Off in June 06/01/2023 08:00pm • Short squeezes have been among the most popular and controversial topics on Wall Street in the past couple of years. In 2021, groups of online stock traders on Reddit made headlines by orchestrating targeted buying campaigns to trigger short squeezes in some of the market's most heavily shorted stoc Senate passes GOP bill overturning student loan cancellation, teeing it up for Biden veto Senate passes GOP bill overturning student loan cancellation, teeing it up for Biden veto 06/01/2023 05:41pm • WASHINGTON (AP) â A Republican measure overturning President Joe Biden's student loan cancellation plan passed the Senate on Thursday and now awaits an expected veto. The vote was 52-46, with support from Democratic Sens. Joe Manchin of West Virginia and Jon Tester of Montana as well as Arizona Se White House imposing sanctions as Sudan's warring sides fail to abide by cease-fire deal White House imposing sanctions as Sudan's warring sides fail to abide by cease-fire deal 06/01/2023 04:36pm • WASHINGTON (AP) â The White House announced Thursday that it will impose sanctions against key defense companies and people who "perpetuate violence" in Sudan as the warring sides failed to abide by a cease-fire agreement in the northeastern African nation. New visa restrictions apply to officials Average long-term US mortgage rate climbs to 6.79% this week, highest level since November Average long-term US mortgage rate climbs to 6.79% this week, highest level since November 06/01/2023 12:15pm • LOS ANGELES (AP) â The average long-term U.S. mortgage rate climbed this week to its highest level since November, driving up borrowing costs for would-be homebuyers at a time when the housing market is being held back by a near record-low inventory of homes on the market. Mortgage buyer Freddie Twitter may be worth one-third what Musk paid for it last fall as Fidelity fund marks down value Twitter may be worth one-third what Musk paid for it last fall as Fidelity fund marks down value 06/01/2023 11:11am • Twitter may now be worth one-third of what Elon Musk paid for the social media platform just seven months ago. The Fidelity Blue Chip Growth Fund has reduced the market value of its equity stake in Twitter for a third time, now putting it at $6.55 million. That's down from the nearly $20 million the Mourinho acknowledges 'nobody has called me' as he considers his future at Roma 06/01/2023 06:37am • ROME (AP) â Almost as soon as he was awarded it, Jose Mourinho took off the silver medal that had just been hung around his neck by UEFA president Aleksander Ceferin, walked toward the stands and handed it to a young fan in the front row. âœI only keep the gold ones,â Mourinho said later, still Europe sees inflation drop to 6.1%, but real relief for consumers will take months Europe sees inflation drop to 6.1%, but real relief for consumers will take months 06/01/2023 05:02am • FRANKFURT, Germany (AP) â Europe's inflation took a positive turn with a significant drop to 6.1%, but prices are still posing a pinch to shoppers who are yet to see real relief in what they pay for food and other necessities. The annual figure in May eased from 7% in April for the 20 countries th Italy displays antiquities looted from Italian territory and recovered from London dealer Italy displays antiquities looted from Italian territory and recovered from London dealer 05/31/2023 11:56pm • ROME (AP) â Italy on Wednesday displayed hundreds of antiquities that had been looted from Italian territory and were recovered from a London antiquities dealer. The 750 objects, which date from the 8th century B.C. and the medieval period, include an Etruscan three-legged bronze table, marble bus Stock market today: Asian shares mostly rise after House approves debt ceiling deal Stock market today: Asian shares mostly rise after House approves debt ceiling deal 05/31/2023 11:51pm • TOKYO (AP) â Asian benchmarks were mostly higher Thursday after the United States House of Representatives approved a debt ceiling and budget cuts package, avoiding a default crisis. But the enthusiasm was muted by worries about the Chinese economy after disappointing recent data on a recovery in Bolivia government says trustee probing bank died by suicide, but some demand new investigation Bolivia government says trustee probing bank died by suicide, but some demand new investigation 05/31/2023 10:07pm • LA PAZ, Bolivia (AP) â The trustee of a bankrupt bank in Bolivia who died after falling from the 15th floor of an office building killed himself, a forensic investigation concluded Wednesday, in a case that has gripped Bolivia amid speculation over whether he jumped or was pushed. But instead of s How Much Down Payment Do You Need for a House? 05/31/2023 08:00pm • Before you start shopping for a home, you need to know what you can afford -- and a big part of that depends on how much you can afford as a down payment. But how much down payment do you need to be able to afford the house you want? The answer isn't the same for everyone, but key information can he
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