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Finance, business, and economy headlines with related U.S. tickers, event materiality, publisher context, and links to the original source.

4,174 archived storiesUpdated continuouslyTicker matching where identifiable
Honolulu Star-Advertiser·Nov 4, 202645 signal

Oil tumbles 9% as investors eye possible end to Iran war

HOUSTON >> Oil prices fell 9% today in volatile trading as investors awaited Washington’s next move in the U.S.-Israeli war with Iran after President Donald Trump’s Republican Party lost control of Congress in midterm elections.

Business
FXStreet·Nov 4, 202645 signal

Chinese Yuan: PBoC cools appreciation trend – Commerzbank

Commerzbank’s Charlie Lay and Dr. Henry Hao highlight that the People’s Bank of China raised the FX reserve requirement ratio to slow rapid CNY gains after a 13-session winning streak. They stress the move is counter-cyclical, aimed at preserving two-way flexibility rather than reversing the appreciation trend, and note USD/CNY and USD/CNH both bounced to 6.67 on the announcement.

Finance
Eye On Housing·Nov 4, 202645 signal

Mortgage Applications Decline as Higher Rates Boost ARM Share

Mortgage application activity declined in October as the 30-year fixed mortgage rate rose sharply again. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, fell 14.1% month-over-month in October on a seasonally adjusted basis. Compared to a year ago, total mortgage applications were 39.8% lower. Higher fixed mortgage rates...

Economy