Mortgage rates jump to highest level since March

Mortgage rates jump to highest level since March

An exceptionally scorching learn on inflation early Wednesday, the federal government’s Producer Price Index, or PPI, despatched bond yields increased, and mortgage rates adopted. Rates had already been surging increased earlier this week on information of extra hassle in negotiations over the Iran struggle. The common charge on the favored 30-year fastened mortgage rose Wednesday…

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Rocket Lab (RKLB) Q1 earnings 2026

Rocket Lab (RKLB) Q1 earnings 2026

Rocket Lab‘s inventory blasted 34%, notching its finest day ever, after the house firm topped first-quarter income estimates and introduced its largest launch deal on report. The Long Beach, California-based firm reported $136.7 million in income for its house methods enterprise and $63.7 million for its launch section. That topped FactSet estimates of $132.1 million…

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Airbnb (ABNB) earnings Q1 2026

Airbnb (ABNB) earnings Q1 2026

Brian Chesky, co-founder and chief government officer of Airbnb Inc., throughout a information convention in Los Angeles, California, US, on Wednesday, May 1, 2024. Eric Thayer | Bloomberg | Getty Images Airbnb reported combined first-quarter outcomes after the bell on Thursday and warned of regional weak spot spurred by the conflict in Iran. Here’s how…

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Whirlpool says Iran war causing ‘recession-level industry decline.’ The shares are down 20%

Whirlpool says Iran war causing ‘recession-level industry decline.’ The shares are down 20%

Whirlpool shares tumbled Thursday after the long-lasting equipment maker warned that the war in Iran triggered a extreme downturn, underscoring how sharply larger gas costs and collapsing shopper confidence are starting to weigh on big-ticket purchases. “War in Iran resulted in recession-level industry decline in the US as consumer confidence collapsed in late February and…

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McDonald’s (MCD) Q1 2026 earnings

McDonald’s (MCD) Q1 2026 earnings

People stroll by a McDonald’s restaurant on March 11, 2026 in Las Vegas, Nevada. Kevin Carter | Getty Images McDonald’s on Thursday reported quarterly earnings and income that beat analysts’ expectations, as diners spend extra at its US eating places even in what CEO Chris Kempczinski referred to as “a challenging environment.” Shares of the…

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