Trump Announces "Major Progress" on New U.S. Army Base in Poland, Signaling Historic Alliance Shift

President Trump announced "major progress" on plans for a new U.S. Army base in Poland, with the location to be revealed soon. This move, seen as a historic step for the alliance, comes as the U.S. reassesses its European troop presence and urges NATO partners to share more defense burdens. Poland, due to its strategic location, continues to boost military spending and deepen security ties with Washington.

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US 30-Year Mortgage Rate Nears 7%, Squeezing Homebuyers as Monthly Costs Hit Highest Level in a Year

The average US 30-year fixed mortgage rate has climbed for the fourth consecutive week to 6.95%, approaching the 7% threshold and marking the highest level since early last year. Rising borrowing costs are squeezing homebuyer budgets, with typical monthly payments now consuming 31% of median income. Builder confidence has plummeted, and housing affordability is emerging as a key political issue ahead of the midterm elections.

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