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Actors, motion picture studios reach tentative deal to end strike

The three-year contract agreement must be approved by votes from the union’s board and its members, but the leadership declared the strike will end at 12:01 a.m. on Thursday.

US mortgage rates reach highest level in over two decades

Freddie Mac said the average rate on a 30-year home loan reached its highest level since 2002, which could increase costs for borrowers by hundreds of dollars a month.

US credit rating downgraded for only second time in history

Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt and a “steady deterioration in standards of governance” over the past two decades.

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