A non-fungible token (NFT) of former Twitter CEO Jack Dorsey's first tweet that went up for auction last week failed to excite potential buyers after the seller expected to make millions and give some to charity.
An auction for the NFT, which was purchased last year for $2.9 million by...
The average interest rate for America's most common home loan has reached a high not seen in more than 10 years, Freddie Mac said Thursday.
The 30-year fixed-rate mortgage sits at 5%, up from 4.72% last week, according to the mortgage-lending giant's latest weekly Primary Mortgage Market Survey. At this...
BEIJING — China’s latest Covid lockdowns are a greater risk for global inflation today than they were in 2020, Bernstein analysts said.
That’s because the world has become more reliant on Chinese goods since the pandemic began, the analysts said in an April 8 note.
China’s share of exports globally rose...
China’s central bank kept a key interest rate unchanged on Friday in a surprise move, despite expectations for more stimulus as Beijing grapples with a Covid surge.
The People’s Bank of China said it was keeping the rate on its one-year medium-term loan unchanged at 2.85%.
The Asian giant is facing...
