
Investors cheered a two‑week cease‑fire between the United States and Iran, prompting a sharp rally in global stock markets and a pull‑back in oil prices. Iran’s foreign minister announced safe passage for vessels through the Strait of Hormuz, temporarily easing the blockade that has constrained about 20 percent of worldwide oil and gas flows. While the pause offers immediate market relief, analysts warn that lasting stability remains uncertain given the underlying geopolitical tensions. The article also references a separate investigation linking cryptography expert Adam Back to the identity of Bitcoin’s creator.
The average 30‑year fixed mortgage rate rose to 6.46% on Thursday, according to Freddie Mac, marking a five‑week streak of increases and the highest level since early September. The climb follows a dip below 6% earlier in the year, which was...