Mortgage Rates Are Dropping But Homes Arent Expected to Get Cheaperheres Why

China’s box office takings drop by a quarter as viewers turn to streaming

Lack of blockbusters, pandemic aftereffects and hard economic times blamed for 2024 slump

Financial Times - Jan. 5

What to expect in 2025 if economist forecasts are as bad as usual

Nobody has a crystal ball, and that’s demonstrated every year when Wall Street’s professionals hazard a guess on what to expect for the following year.

MarketWatch - Jan. 4

Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?

The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.

MarketWatch - Jan. 4

Tesla's Annual Sales Dropped for the First Time—but the EV Industry Keeps Growing

Electric vehicle sales are growing globally overall, despite Tesla's recent slump.

Wired - Jan. 4

Why a home equity loan could be better than a HELOC this January

There's a strong case to be made for choosing a home equity loan over a HELOC this month. Here's what to consider.

CBS News - Jan. 3

WATCH: 2025 Golden Globes’ predictions and what to expect

ABC News’ Will Ganss and senior entertainment reporter at ESPN's Andscape Kelley Carter discuss the kickoff to awards season.

ABC News - Jan. 3

Apple offers rare iPhone discounts in China as foreign smartphone sales drop

Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.

MarketWatch - Jan. 3

Hospital flu cases rising at 'very concerning' rate, NHS England warns

The number of people with flu in hospital has quadrupled in the last month, the latest data shows.

BBC News - Jan. 3

Trump: 'Why would I want to get rid of TikTok?'

President-elect Trump doubled down on his support for TikTok on Friday, as the popular social media app prepares to argue against an impending ban before the Supreme Court next week. “Why would I ...

The Hill - Jan. 3

The best ways to keep costs down as temperatures drop

A cold snap across the UK comes just as energy prices have risen, so here are a few tips to help you keep warm.

BBC News - Jan. 3

Breast cancer rates rising fastest in younger women, study finds

New research reveals breast cancer rates are increasing faster among younger women than any other group. Elaine Quijano reports on the findings.

CBS News - Jan. 3

Tesla shares slide after it reports first drop in annual deliveries

Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.

CNBC - Jan. 3

UK mortgage approvals fall in November

Unexpected decline interrupts recovery in housing market activity

Financial Times - Jan. 3

Where are mortgage, CD and credit card rates heading in 2025?

The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025.

CBS News - Jan. 3

Biden expected to block $15bn takeover of US Steel

President set to kill Nippon Steel’s bid in one of his final acts in office

Financial Times - Jan. 3

Boeing Shares Drop After South Korea Plane Crash

A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.

The New York Times - Jan. 3

Temperatures drop across UK as arctic blast brings more snow

The weekend is set to be bitterly cold, bringing "significant snow" and blizzard-like conditions, forecasters say.

BBC News - Jan. 3

Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes

Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...

MarketWatch - Jan. 3

Tesla reports first drop in deliveries in at least 9 years

Tesla reported its first drop in annual deliveries in at least nine years, despite an increase in its numbers during the fourth quarter of 2024. The company, based in Austin, Texas, said Thursday ...

The Hill - Jan. 2

How Congress dropped the ball on AI safety

After two years of congressional deliberation on artificial intelligence, we need more than careful analysis — we need decisive action.

The Hill - Jan. 2

All Democrats expected to participate in Speaker’s vote

All Democrats are expected to be in the Capitol on Friday for the vote to seat the next Speaker of the House, according to the Democratic whip’s office. The full participation of Democrats is ...

The Hill - Jan. 2

Tesla’s annual deliveries drop for first time since 2011

US electric vehicle pioneer led by Elon Musk has been hit by slowing demand

Financial Times - Jan. 2

Tesla's annual sales drop for the first time in a decade

Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.

CBS News - Jan. 2

Biggest financial stories of 2024 and what to expect this year

From the stock market to inflation, CBS News MoneyWatch correspondent Kelly O'Grady looks back on some of the big financial stories of 2024 and what to expect in 2025.

CBS News - Jan. 2

Why Wall Street Expects the Stock Market to Have a Big 2025

Analysts see corporate earnings improving beyond just big tech names.

Inc. - Jan. 2

Mortgage demand dives nearly 22% to end 2024

A sharp rise in mortgage interest rates took its toll on mortgage demand, hitting just as the housing market entered its typically slowest stretch of the year.

NBC News - Jan. 2

Mortgage demand dives nearly 22% to end 2024

Rising mortgage interest rates collided with the slowest month of the year for sales.

CNBC - Jan. 2

Real estate trends for 2025: Regional sales, interest rates, more

From home sales ramping up in the South to when mortgage interest rates could come down, NBC’s senior business correspondent Christine Romans shares everything to know before buying a home in 2025.

NBC News - Jan. 2