News Today

Inflation remained stubbornly high in January, possibly pushing back any interest rate cuts by the Federal Reserve. Still, the long line graph indicates a cooling trend, albeit a bumpy one. Nevertheless, lenders have already begun lowering mortgage rates in anticipation of any cuts to the federal funds rate. According to Freddie Mac, the rate on a conventional 30-year fixed-rate mortgage …

On the ruins of what was once Gaza’s main coastal road, Palestinians displaced by months of intense fighting as Israel battles to destroy Hamas were on the move again Tuesday. This time, they were looking for food. Across the decimated Gaza Strip, starvation has become so acute that the Jordanian military has taken to airdropping rations. Videos posted online Tuesday …

NASA’s Lunar Reconnaissance Orbiter has spotted the tipped-over Odysseus lander on the surface of the moon, officials said Monday, confirming it touched down less than a mile from its planned landing site near the moon’s south pole. Odysseus builder Intuitive Machines of Houston posted a picture captured by the lander during its final descent, along with a blurry shot apparently …