Mortgage Rates Rise to 6.38% Amid Iran Conflict Market Impact
Mortgage rates on the benchmark 30-year fixed loan increased to 6.38% this week, up from 6.22% last week, according to Freddie Mac’s Primary Mortgage…
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BlackRock’s Larry Fink Urges Broader Market Access to Address Wealth Gap Amid AI Rise
BlackRock CEO Larry Fink warned in his 2026 annual chairman’s letter that artificial intelligence (AI) could exacerbate wealth inequality unless more people gain access…
Goldman Sachs Raises US Inflation Forecast Amid Iran War Oil Supply Risks
Goldman Sachs has raised its inflation forecasts for the United States in 2026 due to oil price shocks linked to the Iran war, according…
Maine Lobster Industry Faces Decline After Harsh Winter and Rising Costs
Maine’s lobster industry experienced a significant downturn in 2025 due to a harsh winter that reduced fishing activity, slowed lobster movements, and increased operational…
Industry Warns UK Government on Fuel, Fertilizers, and Helium Amid Iran Conflict
Senior UK industry figures have urged the government to increase contingency planning in response to supply risks linked to the ongoing Iran war. Business…
Jamie Dimon Says US Defense Procurement Mirrors Europe’s Bureaucracy
Jamie Dimon, CEO of JPMorgan Chase, criticized the U.S. defense procurement process on March 25, 2026, stating it has become overly bureaucratic and similar…
BlackRock CEO Calls Trump Accounts Key to Boosting Youth Savings
BlackRock CEO Larry Fink described Trump Accounts as a “very significant” opportunity to increase savings and investment among young Americans. In his annual chairman’s…
Epic Games Lays Off 1,000 Employees Amid Fortnite Engagement Decline
Epic Games announced layoffs of over 1,000 employees due to continuing declines in engagement with its flagship game, Fortnite. CEO Tim Sweeney cited a…
United Airlines Warns Airfares Could Rise 20% Amid High Fuel Costs
United Airlines CEO Scott Kirby warned that airfares could increase by up to 20% if jet fuel prices remain high due to the ongoing…
Bank of America Highlights 250-Year Role in U.S. Economic Growth
Bank of America CEO Brian Moynihan outlined the bank’s historical role in supporting the U.S. economy since its earliest days in a letter accompanying…