A key measure of home-purchase applications fell again last week as consumer demand cooled in the face of higher mortgage rates. The Mortgage Bankers Association’s (MBA) index of mortgage applications dropped 1.4%, according to new data published Wednesday. “Mortgage rates declined last week from a recent high, but total application activity…

Japan’s economy grew an annualized 2.7% in the first quarter of the year, expanding further than earlier estimates of 1.6% made last month, government data showed, as the economy continues to see robust spending.Economists surveyed by Reuters had expected to see growth of 1.9%. The Japanese yen strengthened by 0.14%…

Americans in several parts of eastern U.S. looked up at the sky this afternoon to see the same alarming haze that first appeared Tuesday night. There were more than 400 wildfires burning in Canada on Tuesday, according to the Canadian Interagency Forest Fire Centre, causing unhealthy smoke conditions from New…

Sourcing, suspicion and speculation – terminology that has been frequently explored over the last day and a half as Prince Harry testified in a London courtroom in his lawsuit against a major British newspaper publisher over claims of historic phone hacking. The Duke of Sussex returned to the witness box…

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Coinbase CEO Brian Armstrong said he was met with a “pretty icy reception” when chatting with Securities and Exchange Commission Gary Gensler about registering his exchange.Armstrong said the exchange tried to get a meeting, and did meet virtually at some point.“But unfortunately, it was frankly like a pretty icy reception,…

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Millions of people in the eastern US and Canada received health warnings from environmental regulators as thick smoke from northern forest fires spread through cities from Ottawa to New York.Canada has been battling an active wildfire season with blazes in most of its 10 provinces and its territories for most…

The FBI is willing to allow the full House Oversight Committee to review an internal law enforcement document that includes an unverified allegation that Joe Biden, while vice president, was involved in a bribery scheme involving a foreign national, sources familiar with the decision tell CNN. The FBI is willing…