Business

 The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year ​Read More  ABC News: Business ​Business 

 U.S. applications for unemployment benefits fell by 13,000 last week, remaining in the same historically healthy range of the past few years even as concerns grow about the health of the labor market ​Read More  ABC News: Business ​Business 

 The U.S. stock market neared its all-time high after the Federal Reserve cut its main interest rate to bolster the job market, and hopes strengthened for more cuts to come in 2026 ​Read More  ABC News: Business ​Business 

 Rwanda-backed rebel group M23 says it has taken control of the strategic city of Uvira ​Read More  ABC News: Business ​Business 

 If you’re in the market for a new vehicle, the remaining weeks of December could be a great time to buy ​Read More  ABC News: Business ​Business 

 The head of the International Monetary Fund has urged China to fix its economic imbalances, echoing longstanding calls for the world's second-largest economy to rely more on domestic spending and investment instead of exports ​Read More  ABC News: Business ​Business 

 Asian shares are mostly lower, trading in a narrow range ahead of a Federal Reserve meeting that’s expected to result in the third cut to interest rates this year ​Read More  ABC News: Business ​Business 

 The United Nations says the world needs a new way of thinking about environmental crises threatening the health of people and the planet ​Read More  ABC News: Business ​Business 

 The International Monetary Fund says it has approved the release of $1.2 billion to Pakistan, giving the cash-strapped country a fresh boost as it works to recover from one of its worst economic crises in years ​Read More  ABC News: Business ​Business