Senate inches closer to US infrastructure permitting reform billThe US Senate is nearing a deal to reform laws to speed up permitting of large infrastructure projects after the White House compromised on how renewable energy is treated, though a vote is uncertain before the midterm elections, a top Senate Democrat said on Thursday.Reuters13d agoWhole story →BuildPlanetinfrastructure permitting reform
US fixed 30-year mortgage rate jumps to 7.12%, MBA saysThe rate on the most popular US home loan rose last week to its highest in more than two years, after the Federal Reserve lifted short-term interest rates to combat inflation, and rising oil prices drove up Treasury yields that underpin residential borrowing costs.Reuters15d agoWhole story →BuildPlanetmortgage rate increase
Fed's Barkin says economy may be firming, inflation not limited to energy, tariff shocksUS economic conditions "are, if anything, firming," with continued consumer spending and strength beyond the boom in artificial intelligence keeping the Federal Reserve's focus on inflation, Richmond Fed President Tom Barkin said on Tuesday.Reuters15d agoWhole story →SecurityPlanetfed rate hike explanation
