Average five-year mortgage rate hits 6% for first time in three years

BBC - Oct 5, 2026

The cost of a new fixed-rate mortgage has been rising in recent weeks as lenders face higher costs.

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P.&G.’s Chief on Whether Brand Loyalty Is Enough When Prices Keep Climbing

Procter & Gamble’s new boss, Shailesh Jejurikar, talks about how the company is thinking about higher costs, what gets passed on to consumers and how A.I. helps it compete.

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Inside Binance Founder Changpeng Zhao’s Life After Prison

Changpeng Zhao, jailed in the United States for a financial crime and pardoned by President Trump, is now living a gilded life in the United Arab Emirates.

Rebuked by Bond Market, Bessent Says ‘House’ Does Not Always Win

Oct 4, 2026

Rebuked by Bond Market, Bessent Says ‘House’ Does Not Always Win

The Treasury secretary said in an interview with Axios that he cannot control the Treasury market but argued that U.S. bond yields would come back down over time.

China responds to US criticism of Starbucks' Xinjiang expansion

Oct 4, 2026

China responds to US criticism of Starbucks' Xinjiang expansion

The Chinese Foreign Ministry on Saturday dismissed allegations from a US congressional committee concerning northwest China's Xinjiang Uygur Autonomous Region as lies and smears.

Numbers behind China's National Day holiday

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China's National Day holiday is driving a massive wave of travel and consumption. Here are the numbers behind the holiday rush.

Gold shopping picks up in China as gold prices pull back

Oct 4, 2026

Gold shopping picks up in China as gold prices pull back

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Russians Snap Up Chinese E.V.s as Ukrainian Attacks Make Fuel Scarce

Oct 4, 2026

Russians Snap Up Chinese E.V.s as Ukrainian Attacks Make Fuel Scarce

As Ukraine increasingly takes the war to Russia, the effects may be most visible on the roads.

China, US maintain trade communication at G20 ministerial

Oct 4, 2026

China, US maintain trade communication at G20 ministerial

China has called on G20 members to uphold multilateralism and strengthen cooperation, as trade ministers met in Milwaukee, USA, from September 30 to October 1 to discuss food security, industrial overcapacity, forced labor and the most-favored-nation principle.

Rising prices, weak spending put Japan's policymakers in tight spot

Oct 4, 2026

Rising prices, weak spending put Japan's policymakers in tight spot

Rising prices, weak spending put Japan's policymakers in tight spot

China plays constructive role at G20 trade ministers' meeting

Oct 4, 2026

China plays constructive role at G20 trade ministers' meeting

China's Ministry of Commerce said on Sunday that China played a constructive role at the G20 trade ministers' meeting, held in Milwaukee, the United States, from September 30 to October 1.

‘Digger,’ Warner Bros.’ Last Release Before Merger, Is a Major Flop

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‘Digger,’ Warner Bros.’ Last Release Before Merger, Is a Major Flop

The film, starring Tom Cruise, grossed an estimated $8 million in its opening weekend. That could put the movie on track to lose at least $125 million.

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