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The average long-term U.S. mortgage rate climbed this week to its highest level since mid-March, according to weekly data compiled by mortgage buyer Freddie Mac. The rate on the 30-year fixed mortgage rose to 6.57% this week from 6.39% a week ago. One year ago, it averaged 5.10%.”The U.S. economy…

The average American’s Retirement Score has dropped to 78, a decrease from its 2020 all-time high of 83, according to the latest Retirement Savings Assessment report by Fidelity Investments.  This means the typical American has a 78% chance of covering estimated retirement expenses in a down market, based on Fidelity’s…

It’s been nearly a decade since Apple revealed its last major product, the Apple Watch.Now, the company has a completely different kind of wearable, the mixed-reality headset called the Vision Pro, which the company revealed at its annual Worldwide Developers Conference on Monday.I got to take one for a test…

The Japanese banking giant Mitsubishi UFJ says it will launch a cross-chain stablecoin issuance and interoperability platform next year.In an official Mitsubishi UFJ announcement, the firm stated that it would work with a Tokyo-based company named Datachain to “build cross-chain infrastructure for stablecoins.”Mitsubishi UFJ began piloting the project back in…

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