The latest business news around the world. Written by Market Business News's very own editorial team to deliver reliable, up to date, and honest news.

Mortgage rates jump, USA

The benchmark 30-year fixed mortgage rate jumped to 4.74%, its highest point in over 24 months, says Bankrate.com’s weekly national survey. The median 15-year fixed mortgage rose to 3.75%, and the larger jumbo 30-year fixed mortgage…

Household income 6.1% below 2007 levels

Although median household incomes in the USA have started to recover, they are still 6.1% below the December 2007 level, and 4.4% below June 2009, when the “economic recovery” began, according to a report by Sentier Research. The report was…

Greece needs another bailout

Is Greece in need of another bailout? It is starting to look like it after Olli Rehn, the European Union’s Economic and Monetary Commissioner indicated it is not being ruled out. Rehn quickly added that a bailout for Greece is not the only…

Employer health premiums rise 4% in 2013

The Kaiser Family Foundation/Health Research & Educational Trust reported that employer-sponsored family health premiums increased by 4% this year, and exceeded $16,000 for the first time. Annual family premiums now average $16,351,…

The Impact of women-led businesses

The considerable economic impact of women-led business in the USA has been illustrated in a new infographic released by the National Women’s Business Council. The National Women’s Business Council (NWBC) argues that the term “women-led” is…

Germany – economic activity picks up

There was a steep rise in economic activity in Germany during Q2 2013, according to preliminary data published by the Federal Statistical Office. GDP (gross domestic product) grew by 0.7% during the second quarter in comparison to Q1, after…