Skip to main content

The Wall Street Times

The Wall Street Times

BREAKING

Wall Street Times - Breaking News, Business & Finance

ISM Services PMI Eases to 54.9 in September as Prices Index Climbs to 74

ISM Services PMI Eases to 54.9 in September as Prices Index Climbs to 74

The Institute for Supply Management’s Services PMI registered 54.9 in September 2026, down from 55.4 in August, marking 27 consecutive months of expansion in the U.S. services sector. The bigger change was in costs: the ISM Services Prices Index rose to 74.0, a level last seen in July 2022. Key Takeaways The Services Prices Index rose 1.4 points

Mortgage Rates Top 7% for the First Time Since May 2024 as Applications Fall Again

Mortgage Rates Top 7% for the First Time Since May 2024 as Applications Fall Again

The average 30-year fixed mortgage rate rose to 7.12% in the week ending September 18, 2026, its highest level since May 2024, according to the Mortgage Bankers Association. Total mortgage applications fell 1.5%, and refinance activity dropped to its slowest pace since February 2025 as buyers and homeowners pulled back. Key Takeaways The MBA’s average 30-year fixed rate

Sports

Lifestyle