Monthly Archives: August 2022

Oil prices drop 2% after Joe Biden discusses Iran nuclear deal with European leaders

President Joe Biden spoke with European leaders about the Iran deal. MANDEL NGAN/AFP via Getty Images Oil prices fell 2% Monday as traders weighed signs of progress on an Iran nuclear deal, and economic concerns lingered. US President Joe Biden spoke to European leaders about the deal at the weekend, the White House said. Crude…

Today’s mortgage and refinance rates: August 22, 2022 | Rates are elevated but likely won’t spike much higher

Mortgage rates have started increasing over the past few days after remaining relatively steady for several weeks. But rates are still lower than they were when 30-year fixed rates neared 6% in June. Overall, mortgage rates have decreased from their early summer peak, but they’ve fluctuated quite a bit on the way down. Now, rates…

Apple employees launch petition to protest return-to-office plans

A group of Apple employees is pushing back against a looming deadline demanding they return to working in the office. The Financial Times has seen a petition, circulated by employee group Apple Together, requesting more flexibility around remote work. It’s in response to an edict that demanded workers return to working in the company’s Santa…