Mortgage rates reach highest level since July 2025
The average 30-year fixed mortgage rate reached 6.75% on Tuesday, marking its highest level since July 2025 following a sharp spike since late February.
Grace Suzuki
Grace Suzuki is a staff writer at P&L, covering business, technology, and global markets. She previously worked in M&A advisory, focusing on software, consumer deals, and cross-border transactions.
HFI Research warns of oil market breaking point in early June
HFI Research warns the oil market faces a breaking point in early June if the Strait of Hormuz remains closed and global inventories hit record lows.
Oil prices drop and European stocks rise after Trump halts Iran attack
President Trump canceled a scheduled military strike on Iran following requests from regional leaders, according to a post on Truth Social.
China agrees to buy 200 Boeing jets and $17 billion in US farm goods
China committed to buying at least $17 billion of American agricultural products annually through 2028 and will purchase 200 Boeing aircraft.
China commits to 17 billion dollars in annual U.S. agricultural purchases
China committed to purchasing $17 billion of American agricultural products annually through 2028 and an initial 200 Boeing aircraft.
Economy Watch
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Trump summit yields China deal for 17 billion dollars in US farm goods and 200 Boeing jets
China committed to purchasing at least $17 billion in U.S. agricultural products annually through 2028 along with 200 Boeing aircraft.
Trump warning to Iran sends Brent crude prices above $110
President Trump warned Iran on Truth Social to "get moving, FAST," causing Brent crude prices to climb to $110.72 per barrel.
China agrees to $17 billion in annual US agricultural purchases through 2028
China agreed to purchase at least $17 billion in American agricultural products annually through 2028 following a two-day summit in Beijing.
Oil prices surge following Trump warning and supply crunch forecasts
International benchmark Brent crude rose 1.34 percent to 110.72 dollars per barrel following President Trump's warning that the clock is ticking for Iran.
Markets Can’t Allocate Strategic Resources Anymore
Markets no longer clear critical resources cleanly because states now control the refining chokepoints that shape inflation, industrial capacity, and defense readiness.