Mortgage rates rose again this week, driving the average long-term U.S. home loan rate to its highest level in more than a year

Home Depot and Lowe's provide materials, tools, and appliances for homebuilding, home renovation, and repair work, making both businesses heavily tied to the state of the housing market. Mortgage rates recently hit a one-year high,

Mortgage rates continue to rise, pushing some buyers to riskier, adjustable-rate loans in order to find savings. Rates are at the highest level since June 2025.

The average 30-year mortgage rate climbed to 6.71% as bond market volatility, geopolitical tensions and debt concerns push borrowing costs higher.

In a speech Thursday morning, Fed governor Christopher Waller made a strong case for the Fed to hold rates steady.

Federal Reserve Governor Christopher Waller said on Thursday (September 3) that if upcoming data confirms inflation pressures are cooling off, he is inclined to argue in favor of keeping interest rates steady at the U.

Fed Chair Kevin Warsh said last week at the Fed’s annual economic symposium that inflation hasn’t shown sufficient improvement and the central bank might have “more work to do."

Federal Reserve Governor Christopher Waller said his next decision on interest rates will be “heavily influenced” by August inflation data due next week, adding it may not take much to nudge him toward supporting a rate hike at the Fed’s upcoming policy meeting.

Oil prices rose on Thursday after U.S. strikes on Iran and renewed ‌Israeli threats against Tehran revived concerns about disruptions to Middle East supplies.

Oil prices climbed for a third consecutive session on Wednesday as escalating military clashes between the United States and Iran fueled concerns over prolonged disruptions to Middle East crude supplies and tanker

Oil futures rose for a third straight session as strikes between the U.S. and Iran raised concerns about further escalation and oil flows out of the Persian Gulf.

The Big Money Show’ examines escalating U.S.-Iran strikes around the Strait of Hormuz as crude oil hits $90, global bond yields surge and renewed energy concerns put pressure on markets.

Fareed Zakaria asks Bill Gates how damaging he thinks Trump’s tariffs are. Hear his response . 1:43 . Now playing

The enduring effect of this trade war on U.S. agriculture, if it continues to escalate, won’t be a single bad season.

U.S. relations, what are Americans thinking — and could a Democratic midterm win change the course? CBC Washington correspondents Katie Nicholson and Louis Blouin join host Willy Lowry to unpack what voters in Ohio and Iowa are saying about tariffs,

Canadian Prime Minister Mark Carney told Americans to "stop trying to be tough" and called U.S. Cabinet secretaries' mockery "beneath their office."

Shares of Victoria's Secret & Co. slumped almost 13% on Thursday, closing at $73.64 after falling $11.17 from the prior session's close.

What Happened? Shares of intimatewear and beauty retailer Victoria’s Secret (NYSE:VSXY) fell 10.6% in the morning session after the company reported its second-quarter financial results, with quarterly revenue and full-year profit guidance falling short of Wall Street's expectations.

The company delivered sales near the high end of its forecasted range, but Wall Street was expecting more, and the stock is headed for its worst day in more than a year.

Hillary Super's winning streak as chief executive officer of Victoria's Secret & Co. continued in the second quarter. The intimates giant saw double-digit, top-line gains while profits topped expectations and the outlook for the full year was strengthened.