Yahoo Finance

Understanding how the flow of money can unlock both personal freedom and community power can be life-changing, Shamina Singh, president of the Mastercard Center for Inclusive Growth, tells Yahoo Finance. So, if you're a small business owner looking for a loan, you might want to look into Community Development Finance Institutions in your area, Singh explains. "Banks look at collateral, banks, look at your payment history," Singh says. "If you connect with a CDFI, their lending terms are different from banks." Listen to the full episode of Living Not So Fabulously here: https://lnkd.in/gzpDRVW8

The US labor market has not been adding nearly as many jobs as initially reported.

President Trump outlined tariff rates on dozens of trade partners, taking a step toward further reshaping the US trade landscape. As for the actual rates, many turned out to be higher than expected. "The moves mark a sharp increase in levies, which are roughly six times higher than a year ago," Yahoo Finance's Julie Hyman explained. "Trump is expected to unveil separate tariffs on imports of pharmaceuticals, semiconductors, critical mineral, and other key industrial products in the coming weeks." More: yhoo.it/45k0Uhv

This week's new episode of The Big Idea is live! I’m diving into a big question: How do you find your big idea? I sat down with Kathleen Griffith, serial entrepreneur, bestselling author of Build Like a Woman and founder of BUILD, who has helped generate over $1B in revenue for her clients. 📺 Watch or listen to #TheBigIdea now on Yahoo Finance (or wherever you get your podcasts)! #BuildLikeAWoman #BUILD #WomenInBusiness #Entrepreneurship #StartupTips #BigIdeaPodcast #YahooFinance #DirtyUnicorn #BetweenTheSpreadsheets #SmallBusiness Hello Alice

Mortgage rates dipped this week after the Federal Reserve held benchmark interest rates steady for the fifth time this year. “The 30-year fixed-rate mortgage showed little movement, remaining within the same narrow range for the fourth consecutive week,” Sam Khater, Freddie Mac’s chief economist, said in a statement. “Continued economic growth, along with moderating house prices and rising inventory, bodes well for buyers and sellers alike.” Despite price easing in some markets, mortgage rates near 7% kept the spring homebuying season subdued. Home contract signings slumped 0.8% in June from a month earlier and 2.8% from a year earlier. Contract signings fell in all regions of the country on a monthly and annual basis, except the Northeast. The trend appears to be continuing. More, from Shiaira Bradley: https://lnkd.in/etEnuxMH

President Trump on Thursday outlined tariff rates on dozens of trade partners, taking a step toward further reshaping the US trade landscape. Trump signed an order to hike tariffs on Canada to 35%, while he kept a baseline minimum rate of 10% across all partners. The tariffs on Canada go into effect Friday, while many of the other "reciprocal" rates take effect Aug. 7. Get the full picture of the latest Trump tariff stand across the globe here: yhoo.it/45k0Uhv

The latest monthly jobs report showed the US labor market added fewer jobs than expected in July while the unemployment rate moved higher, and revisions to prior months' numbers revealed significantly fewer jobs had been added than initially thought. More: yhoo.it/46y6Buz

Apple stock rose on Friday after the company reported third quarter earnings that beat on the top and bottom lines, thanks to better-than-anticipated iPhone sales. “Today Apple is proud to report a June quarter revenue record with double-digit growth in iPhone, Mac, and Services and growth around the world, in every geographic segment,” CEO Tim Cook said in a statement Thursday. Shares in the tech giant were up 1.8% in premarket trading following the release. More: yhoo.it/45gMb79

While monthly job additions have moved lower along with the national hiring rate, so too has the overall amount of workers participating in the labor force.

Coffee prices surged 12.7% in June compared to a year earlier, according to inflation data. Tariffs could drive the cost of your morning cup even higher. How many price hikes are Americans willing to stomach for their morning coffee? More: yhoo.it/4lUBy0U