The 7 ugly trends that show America is closer to a recession than you think – Business Insider

Holly Wallis and Patrick Jackson Getty Images The publisher of the Daily Mail has agreed to buy the Daily and Sunday Telegraph for £500m. The Daily Mail and General Trust (DMGT) said it had entered a period of discussion with RedBird IMI, which is a joint venture between the United Arab Emirates and the US…

In this article CVX COP TTE-FR Follow your favorite stocksCREATE FREE ACCOUNT A view of the pipelines at Zueitina oil terminal, in west of Benghazi, Libya February 3, 2020. Picture taken February 3, 2020.  Esam Omran Al-fetori | Reuters Libya will sign a 25-year oil development agreement on Saturday with France’s TotalEnergies and U.S.-based ConocoPhillips,…

WASHINGTON — The average rate on a 30-year U.S. mortgage fell to its lowest level of 2025 this week, an encouraging sign for prospective home buyers. The average long-term mortgage rate dipped to 6.15% from 6.18% last week, mortgage buyer Freddie Mac said Wednesday. A year ago, the rate averaged 6.91%. Borrowing costs on 15-year…

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee at the U.S. Federal Reserve in Washington, Dec. 10, 2025. Kevin Lamarque | Reuters The Federal Reserve heads into 2026 facing a slew of political and policy challenges, headlined by a new chair and an…

New York  —  The gas pump has emerged as a rare source of relief for Americans drowning in higher prices — and that positive trend is expected to continue in 2026, regardless of the uncertainty in Venezuela. Gas prices are projected to average just $2.97 a gallon nationally this year, according to forecasts from fuel…

BlackRock is in the midst of a years-long evolution as it seeks to become a key player in the private investment industry © Bing Guan/Bloomberg BlackRock reported record quarterly inflows on Thursday, pushing its assets under management above $14tn for the first time. The world’s largest asset manager said it received an influx of $342bn…