The average long-term U.S. mortgage rate edged lower after rising the previous two weeks. The benchmark 30-year fixed rate mortgage rate fell to 6.36% from 6.37% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.81%.
United Airlines flight attendants have approved a new labor contract that will bring their first pay increases in six years – along with boarding pay, a long-sought change that compensates crew members for the work they do before the plane leaves the gate.
LONDON (AP) – Meta Platforms said Wednesday it’s rolling out an “incognito” mode for WhatsApp users to have private conversations with its AI chatbot, a move intended to ease privacy concerns about sensitive information that users share in chats.
WASHINGTON (AP) – During a tumultuous 2025, the United States and China proved how much they could hurt each other in a trade war. Now Presidents Donald Trump and Xi Jinping are meeting in Beijing to repair some of the damage.
NICOSIA, Cyprus (AP) – The European Union’s energy commissioner said Wednesday that while there is no immediate threat to jet fuel supplies, the possibility of a longer-term shortage cannot be ruled out.
WASHINGTON (AP) – U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, the highest point in more than three years, as the Iran war pushes up energy prices and intensifies pressure on companies to pass along their rising costs to consumers.
Excerpts from recent editorials in the United States and abroad:
LAS VEGAS (AP) – Allegiant Air said Wednesday it has completed its purchase of Sun Country Airlines, finalizing a deal that combines two low-cost carriers at a turbulent time for the budget airline industry following the recent shutdown of rival Spirit Airlines.
SAO PAULO (AP) – Brazil is a politically divided country, but there’s one thing that those on all sides of the political spectrum love: PIX, the country’s instant payment system that allows users to pay for everything, from ice cream on the beach to clothes in a shopping mall and even a car.