Economy
US mortgage rates hit highest since last November
Purchase applications declined as home buyers delayed decisions due to strained affordability, low supply, says economist
Tesla's sees 55% drop in net income in 1st quarter
American electric car manufacturer’s revenue down 9% to $21.3B
Turkish finance minister attends international investment events
Meetings showcase confidence in Türkiye, its economic program, says minister
UK to boost defense spending to 2.5% by 2030, says premier
UK to send additional $560M to Kyiv, UK Prime Minister Rishi Sunak says during visit to Warsaw
Turkish aviation sector grows with investments
Average number of daily flights soar by 16% in 2023, highest increase in Europe
Oil prices up over investor profit-taking, tighter supply prospects
Global economic concerns, large build in US' crude oil stocks, and Fed's hawkish stance that has led to strong dollar continue to put downward pressure on prices