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Omar Mohammed
Reporter, Economy & Finance
Omar Mohammed is a Newsweek reporter based in the Greater Boston area. His focus is reporting on the Economy and Finance. He joined Newsweek in 2023 and brings with him a decade of experience covering business and economics for the likes of Reuters, Bloomberg and Quartz. He also covered the Tokyo Summer Olympics in Japan for Reuters and his...
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Articles by Omar Mohammed
U.S.
The US Economy Is Actually Doing Well. It Might Not Help Kamala Harris
The vice president’s chances of winning the election may hinge on whether she can persuade voters that she can tackle the high cost of living.
8 min read
U.S.
Mortgage Payments Just Got Cheaper for Home Buyers
A decline in rates suggests lower monthly payments.
3 min read
U.S.
Housing Market Could See ‘Massive’ Refinance Boom After Election: Expert
The expert suggests that rates may fall prompting homeowners to change their mortgages.
4 min read
U.S.
San Francisco Loses Another Business to Crime
The owner blamed vandalism as one of the reasons behind the closure.
3 min read
U.S.
Mortgage Rate Drop Sparks Surge in Refinancing
The 30-year fixed rate on mortgages has declined in recent weeks.
3 min read
News
Housing Market Could Take Turn for Buyers in September
Inflation decelerated in July, a development that could lead the U.S. central bank to slash borrowing costs.
3 min read
U.S.
California City Breaks Housing Market Record
The San Jose, California, area features one of the most expensive housing markets in the country, according to realtors.
3 min read
U.S.
Republican Eyes Cuts to Tax Benefits If Donald Trump Wins Election
John Cornyn wants to examine whether some mandatory spending can be cut.
3 min read
U.S.
Kevin O’Leary Says Tim Walz Caused People to Flood Florida, Texas
The Shark Tank judge suggested that Minnesota has high taxes.
3 min read
News
Social Security Changes Requirements for Payments
The SSA said on Monday that it will include additional conditions that can be part of its compassionate allowance.
3 min read
U.S.
Kamala Harris’ Economic Agenda Starts To Take Shape
The economy is a key voter concern ahead of the November election and often plays a pivotal role in White House races.
3 min read
U.S.
Housing Market Has Gotten Better for Buyers in Two Ways
Mortgage rates have declined while prices are cooling, according to Redfin.
3 min read
U.S.
Thousands of Americans Lose Their Jobs
The unemployment rate has ticked up in certain states in the country.
3 min read
U.S.
Social Security Update as CrowdStrike Outage Sparks Alert
Social Security posted a message on their website warning beneficiaries of the impact CrowdStrike impact on the agency.
4 min read
News
Microsoft Stock Update as CrowdStrike Outage Hits Worldwide
The tech giant stock dropped amid after an IT issue disrupted the use of its products.
3 min read
U.S.
Homebuyers Get $25,000 More in Purchasing Power
Mortgage rates have dropped, which have helped ease the cost of monthly payments.
3 min read
U.S.
Student Loan Forgiveness Update: What New Court Ruling Means for Payments
A appeals court ordered a pause on the SAVE student loan forgiveness plan.
3 min read
U.S.
Housing Market Gets Back-to-Back Good News
Mortgage rates fell to their lowest level in months, according to Freddie Mac.
3 min read
U.S.
Florida Cities Pose Opportunity for New Homebuyers as They Flood the Market
Some areas of the Sunshine State lead the nation in attracting first-time homebuyers, according to a WalletHub analysis.
3 min read
U.S.
Housing Market Gets Good News About a Critical Problem
The supply of homes improved in June, according to government data.
3 min read
U.S.
Homeowners Refinance Their Mortgages As Rates Drop
The number of people who looked to refinance their home loans shot up for the week ending July 12, lenders said.
3 min read
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