Economic Report Mortgage Rates Inch Up As the Us Housing Market Remains in the Doldrums Freddie Mac
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Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - World -
Tips for buying a home as mortgage rates climb
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.CBS News - Top stories - Mortgage -
Columbine’s legacy – schools remain in the crosshairs: Reporter's notebook
Twenty-five years after Columbine, school shootings continue to increase.ABC News - Top stories -
Mortgage rates are now at the highest level of the year and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going.NBC News - Top stories - Mortgage -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
Mortgage rates top 7 percent for first time in 2024
Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie Mac. The average 30-year fixed-rate mortgage rose to 7.1 percent this week, up from 6.88 percent the week before. “As rates trend higher, ...The Hill - Politics - Mortgage -
Israel's Attack on Iran Appears Fairly Limited, Easing Pressure on Oil Markets
Israel’s missile strikes against Iran overnight seem fairly limited, pointing to a de-escalation of conflict that is expected to diminish the oil market’s geopolitical risk premium in the short term, according to DNB Markets.The Wall Street Journal - World - Iran -
America's Cigarette Market Is Up for Grabs
Philip Morris will soon be able to sell its most successful smoke-free product in the U.S., setting up a battle with its former parent company Altria.The Wall Street Journal - World -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - World -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Business -
The U.S. housing market’s biggest headaches, in five charts
After emerging from the ordeal of 8% mortgage rates, some in the housing market thought the worst was over.MarketWatch - Business -
'Humpty Dumpty house' put up for sale
The ditty is said to have been inspired by events at the site of the property almost 500 years ago.BBC News - Top stories -
Fed report highlights risks to financial stability if interest rates stay higher for longer
The biggest worry for the global financial system is that the Federal Reserve keeps monetary policy tighter than expected, according to experts surveyed by the central bank.MarketWatch - Business - Federal Reserve -
Oil price rises as US says Israel has struck Iran
Reports of a retaliatory strike by Israel raise commodity prices and fears over inflation.BBC News - Top stories - Israel -
US citizen who fought with pro-Russia separatists in Ukraine reported dead
Russell Bentley, 64, reported killed in Moscow-occupied Donetsk by Russian state media and confirmed by his battalion. A US citizen known to have fought with pro-Russian separatists in Ukraine between 2014 and 2017 has been killed in ...The Guardian - World - Ukraine -
The struggle to choose the right mortgage
As interest rates stay higher for longer, those looking to refinance face some difficult choicesFinancial Times - Business -
Johnson Turns to Democrats to Bring Up Ukraine Aid Bill in the House
Democrats, who stepped in late Thursday to save a resolution paving the way for the foreign aid package to be considered, will have to do so again on Friday in a critical vote on the House floor.The New York Times - Top stories - Ukraine -
Evening Report — House passes foreign aid bill with help from Dems
A quick recap of the day and what to look forward to tomorrow {beacon} s Evening Report © The Hill, Allison Robbert House passes foreign aid bill with help from Dems The GOP-controlled House advanced an expansive foreign aid package Friday ...The Hill - Politics -
P&G Sales Boosted by Higher Prices Outside the U.S.
Higher prices for diapers and razors boosted sales and profits at Procter & Gamble in the latest quarter, but the maker of Pampers and Tide said it held the line on goods in the U.S.The Wall Street Journal - World -
Trump Media CEO Asks Nasdaq to Help Enforce Short-Selling Rules
Shares of Truth Social’s parent are up about 10% premarket, setting up another volatile session. Trump Media’s CEO asked for helping in preventing illegal naked short selling.The Wall Street Journal - World - Donald Trump -
WSJ Dollar Index Rises 0.3% This Week
The dollar was flat Friday but edged 0.3% higher on the week, marking a second-straight weekly gain.The Wall Street Journal - World -
China's Securities Regulator Eases Trading Rules With Hong Kong
China’s securities regulator released a series of measures to boost trading with Hong Kong, the country’s latest move to shore up investor confidence after recent stock-market volatility.The Wall Street Journal - World - China -
Health Care Roundup: Market Talk
Gain insight on cannabis legalization efforts in Florida, Intuitive Surgical, EssilorLux, and more in the latest Market Talks covering the Health Care sector.The Wall Street Journal - World -
The Week That English Soccer Crashed Back to Earth
For years, Premier League clubs have dominated European tournaments. This week, that run came to a spectacular end, leaving no English team in the Champions League or Europa League semifinals.The Wall Street Journal - World -
Si Lewen's Devastating 'Parade'
The Jewish artist’s 63-part series exploring the seductions and suffering of war, currently on view at James Cohan in a show curated by Art Spiegelman, draws on his time as a soldier in World War II, including witnessing the horror of Buchenwald.The Wall Street Journal - World -
'Liberty Equality Fashion' Review: Threads of Revolution
After surviving the Terror, a trio of aristocratic Parisian women cultivated a new style in their clothing. Fashionable Europe soon followed.The Wall Street Journal - World -
'Native Nations' Review: An Essential American History
Long before the arrival of Europeans in North America, indigenous communities built complex urban areas linked by diplomatic and trading networks.The Wall Street Journal - World -
'Sociopath' and 'Borderline' Review: Life on the Edge
Two books on personality disorders examine the cost both to sufferers and to those who come into contact with them.The Wall Street Journal - World -
'Ascent to Power' Review: Harry Truman's Moment
With little preparation after FDR’s death, Truman found himself leading the nation with World War II still to be won.The Wall Street Journal - World -
Basic Materials Roundup: Market Talk
Find insights on Press Metal Aluminium, Gold Road’s Gruyere gold mine, Whitehaven Coal and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - World -
The economics of running
Does a hotter economy really make you faster?Financial Times - World -
Man arrested in Paris after police cordon off Iranian consulate due to reported bomb threat – Europe live
Local media reports a man entered the consulate saying he had explosives and wanted to avenge his brother. “Russia must be held accountable. Ukraine urgently requires more air defence support!” wrote the EU’s ambassador in Kyiv, Katarina ...The Guardian - World - Iran -
GOP lawmaker blames 'Gaetz and 7 useful idiots' for House turmoil
Rep. Mike Lawler (R-N.Y.) blamed Rep. Matt Gaetz (R-Fla.) and “seven useful idiots” for turmoil in the House, saying Thursday their success in ousting former Speaker Kevin McCarthy (R-Calif.) last fall is a direct cause of today's problems for ...The Hill - Politics -
Blinken declines to confirm reports Israel warned of drone attack, but says US not involved in any offensive operations
Blinken declines to confirm reports Israel warned of drone attack, but says US not involved in any offensive operationsABC News - World - Israel -
Lewis Hamilton, Swizz Beatz and Nine Inch Nails Toast Influential Artists
This week, the Brooklyn Museum honored the work of Titus Kaphar at their Artists Ball, and GQ hosted an awards show in the Financial District.The New York Times - Lifestyle -
Middle East crisis live: Blinken calls for calm as Iran official says no plan for immediate retaliation to reported Israeli missile strike
US secretary of state condemns airstrike in Iran; discussion ‘leans more towards infiltration than attack’ says anonymous Iranian official. Israel has mounted strikes on Iran, US says, as Tehran plays down attackWhat we know so far about Israel’s ...The Guardian - World - Iran -
Delays to OFR funds recognition scheme leaves UK out in the cold
Post-Brexit overseas funds regime has yet to be implemented, depriving UK investors of some of latest innovative fundsFinancial Times - World - United Kingdom -
2024 NFL Mock Draft: Broncos wheel and deal, come away with a QB as five go in first round
Taking a straightforward approach as we inch closer to the draftCBS Sports - Sports - NFL -
How Not to Invest in the Bond Market
Investors poured billions into long-term U.S. government funds last year. Right on cue, the market tanked—again.The Wall Street Journal - World