Average rate on a 30-year mortgage climbs to 6.85%, highest since July

WASHINGTON — The average rate on a 30-year mortgage in the U.S. rose for the second week in a row to its highest level since mid-July, reflecting a recent jump

Volkswagen AG

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When TikTok’s underconsumption pattern meets festive excess

When TikTok’s underconsumption pattern meets festive excess Getty Images Christmas is typically a period of excess, but this year TikTokers have been sharing advice for buying less Secret Santa, stockings