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Economic Crosscurrents and Geopolitical Tensions Shape Friday’s Headlines
Stock Market News· 2025-09-13 10:38
Key TakeawaysU.S. mortgage rates experienced their largest weekly drop in over a year, falling to 6.35% from 6.50%, signaling potential relief for homebuyers amid expectations of Federal Reserve rate cuts.The U.S. collected a record $30 billion in customs duties in August 2025, more than four times higher than a year earlier, contributing to over $183 billion in tariff revenue for the year.Apple (AAPL) has delayed the launch of its new iPhone Air in mainland China due to regulatory hurdles concerning its ex ...