Mortgaged Landlords Face Falling Profits and Refinancing Hurdles
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The struggle to choose the right mortgage
As interest rates stay higher for longer, those looking to refinance face some difficult choicesFinancial Times - Business -
Artist evicted by London landlord cuts rent by commuting from Argentina
Andy Leek, creator of Notes to Strangers, made the move after finding himself unable to afford rising rents in UK capital. An artist who was made homeless after being evicted by his private landlord in London has started effectively commuting from ...The Guardian - 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 -
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 -
United Health CEO to face House panel
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story United Health CEO to face House panel UnitedHealth CEO Andrew Witty will testify in front of a House oversight panel next month about the massive cyberattack ...The Hill - Politics -
Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales
Nissan Motor cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than previously expected due to heightened competition.The Wall Street Journal - World -
American Express says cardholders are buying lots of ‘front of cabin’ plane tickets, as total spending grows 7%
American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period.MarketWatch - Business -
Schlumberger posts profit gain for first quarter as revenue tops estimates
International revenue for the oil-services company rose 18% to offset softness in North America, Schlumberger’s CEO said.MarketWatch - Business -
Slash tax on profits from Russia’s frozen assets, US urges allies
Maximise every euro from immobilised reserves to aid Ukraine, says Biden adviser Daleep SinghFinancial Times - Business - Russia -
With Man City reeling, Arsenal and Liverpool face moment of truth in title race
Real Madrid have shown that Manchester City can be overcome, so Arsenal and Liverpool must apply the pressure to make it happen in the Premier League.ESPN - Sports - Premier League -
House Appears Poised to Pass Aid Package for Israel and Ukraine
Democrats rallied behind Republican Speaker Mike Johnson to clear a major procedural hurdle for the $95 billion measure. The proposal heads for a final set of votes Saturday.The Wall Street Journal - World - Ukraine -
Biden needs to face facts: He’s still losing to Trump
For President Biden and the Democrats, thing are looking ugly in November.The Hill - Politics - Joe Biden -
Facing Shrimp-Fueled Debt, Red Lobster Reportedly Mulls Chapter 11
The Florida-based seafood chain reportedly considers protection from creditors to work from under debt worsened by its all-you-can-eat shrimp deals.Inc. - Business -
Manchester City face Chelsea with no time to dwell on Madrid heartache
Treble winners turn their focus to becoming the first English men’s club to claim a double-double in FA Cup semi-final . Chelsea beware: at 5.15pm on Saturday Pep Guardiola expects Manchester City to show precisely how little sorrow they feel for ...The Guardian - World - Premier League -
California officers charged in killing of man held face-down for five minutes
Three police officers charged with involuntary manslaughter in death of Mario Gonzalez, whom they held down on the ground. Three California police officers have been charged with involuntary manslaughter in the 2021 killing of a man they ...The Guardian - World - California -
Sheetz Convenience Store Chain Faces Federal Suit for Racial Discrimination in Hiring
The EEOC asserts the company turned away Black, Native American, and Multiracial applicants with failed criminal background checks at nearly twice the rate of white applicants across is 700 stores in six states.Inc. - Business -
PwC’s Evergrande audits set to face new probe by Hong Kong regulator
Apparent whistleblower report cites concerns over firm’s work for collapsed Chinese developerFinancial Times - World - Hong Kong -
Clippers may face uphill battle before playoffs even start
Leonard last played in a game on March 31, Sunday against Dallas will be three weeks since his last game.Yahoo Sports - Sports -
Johnson’s foreign aid package overcomes critical hurdle
Politico - Politics -
Iran crisis risks easing pressure on Israel over Gaza, diplomats warn
Humanitarian situation in Palestinian enclave remains dire, says EU’s top diplomatFinancial Times - World - Iran -
Starmer calls for police investigation into Tory MP Mark Menzies
Politician accused of using thousands of pounds given by donors for medical bills and personal expensesFinancial Times - World -
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 -
Woodside Revenue Falls on Lower Prices, Volumes
Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.The Wall Street Journal - World -
Asia Markets Fall After Israeli Strike on Iran
Stock markets in Asia fell while safe-haven assets such as U.S. Treasurys, the yen and the Swiss franc rose sharply after Israel launched a retaliatory strike against Iran early Friday.The Wall Street Journal - World - Israel -
Raducanu falls to Swiatek in Stuttgart quarter-finals
Britain's Emma Raducanu falls to world number one and defending champion Iga Swiatek in the quarter-finals of the Stuttgart Open.BBC News - Top stories -
Democrats back Republican Speaker’s plan to advance US aid to Ukraine
Move sets stage for Saturday vote that could unlock $60bn in support for KyivFinancial Times - Business - Ukraine