The latest drop in mortgage rates did not seem to have a significant impact on consumer behavior. Despite the decrease in the average contract interest rate for 30-year fixed-rate mortgages, the total mortgage application volume only rose by 0.9% compared with the previous week. This indicates that consumers were largely unimpressed by the rate reduction.
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In recent years, the box office has been missing a crucial element – family films. However, in the last few months, there has been a resurgence of kid-friendly movies hitting the big screen. This resurgence has brought new life to the box office, giving hope to movie theater operators for a stronger second half of
Ratings agency Fitch has adjusted its expectations for China’s policy rate in light of the U.S. Federal Reserve’s decisions to keep its interest rates high. Fitch no longer anticipates a rate cut in China this year and has postponed its forecast for a potential reduction to next year. The agency now predicts that China will
The latest research conducted by Henley Private Wealth Migration Report has shed light on the significant shifts in the global landscape of wealth and power. The report reveals that the United Arab Emirates is expected to maintain its position as the world’s top wealth magnet for the third consecutive year, attracting a staggering number of
British fintech firm Zilch recently announced that it has secured $125 million in debt financing from Deutsche Bank, a move that is expected to significantly expand the company’s sales and bring it closer to an initial public offering. This funding will enable Zilch to triple its sales within the next few years and pave the