Sterling Hits Highest Level Since March 2022 As Boe Holds Rates
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Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August
Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.Business - CNBC - October 16 -
Mortgage rates rise to highest level since July due to these 3 reasons
Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - October 30 -
New-home sales jump to highest level since May 2023, as lower mortgage rates drew buyers in
New-home sales surged in September, as home buyers seized on lower mortgage rates.Business - MarketWatch - October 24 -
Bitcoin hits highest level since July, boosting other coins and crypto-related stocks
The price of bitcoin neared $68,400 on Wednesday, its highest since July, sparking a rally in other cryptocurrencies and related equities.Business - CNBC - October 17 -
10-year Treasury yield briefly tops 4.25%, hits highest level since late July
The U.S. 10-year Treasury yield rose again Wednesday as traders digested the latest comments from Fed officials on the trajectory of interest rate cuts.Business - CNBC - October 23 -
US unemployment applications fall; continuing claims hit highest level since 2021
The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose to its highest level in almost three yearsTop stories - ABC News - October 24 -
Employment rate for Ukrainian refugees in Germany doubles since 2022
World - Yahoo News - October 24 -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Trump’s improving election odds have powered bitcoin to its highest level since July
Bitcoin was posting further gains on Wednesday, reaching as high as $68,390 — its loftiest level since July 29.Business - MarketWatch - October 16 -
10-year Treasury yield slips from highest level since July after housing starts drop
Long-dated Treasury yields slipped from their highest levels in more than two months on Friday but ended the week little changed, after data showed new-home construction dipped in September.Business - MarketWatch - October 18 -
Mortgage demand drops to its lowest level since July, as interest rates return to summer highs
Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since JulyBusiness - CNBC - October 23 -
Jobless claims retreat for third straight week, hit lowest level since May
Initial jobless claims fell by 12,000 to 216,000 in the week ending Oct. 26, compared with economists’ expectations that claims would rise to 230,000.Business - MarketWatch - October 31 -
Hear broadcaster John Sterling call the final out of Yankees' first World Series win since 2009
Sterling retired earlier this year but is back in the booth for the postseasonSports - CBS Sports - October 30 -
Boeing takes a hit
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Boeing posts $6B loss ahead of union vote On Wednesday morning, Boeing reported ...Politics - The Hill - October 23 -
Bitcoin rises 3% after topping $73,000 for the first time since March
Bitcoin has struggled to reclaim the $70,000 level this year after reaching a record of $73,797.68 in March.Business - CNBC - October 29 -
EU races to prepare for a Trump win
Bloc seeks to bolster aid to Ukraine, sanctions against Russia and trade policy in case Republican is re-electedBusiness - Financial Times - October 25 -
U.S. budget deficit in fiscal 2024 swells to third-highest level on record
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.Business - MarketWatch - October 19 -
The elusive number keeping Treasury yields at their highest levels in 3 months
In the world of fixed income, there’s one number that can’t easily be pinned down, but which appears to be a contributing factor keeping long-dated Treasury yields at their highest levels in three ...Business - MarketWatch - October 23 -
U.S. consumer confidence surges in October to highest level in nine months
The U.S. consumer-confidence index surged to 108.7 in October from a revised 99.2 reading in the prior month, the Conference Board said Tuesday. This is highest level of confidence since January.Business - MarketWatch - October 29 -
Global food prices reach highest level in 18 months
Increases signal grocery price pressures likely to rise further over the coming quartersWorld - Financial Times - Yesterday -
Browns RB Nick Chubb makes return from knee injury, scores first rushing TD since 2022
Nick Chubb was back for the first time since Week 2 of last season.Sports - Yahoo Sports - October 20 -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - October 29 -
30-year bond yield closes with biggest jump since 2022 after Trump wins
U.S. government debt aggressively sold off on Wednesday, pushing the 30-year yield up by the most in two years, as traders factored in the likely trade and deficit policies of a second Trump ...Business - MarketWatch - 3 days ago -
Sabres Rising Star Is Hitting Brand New Level
This Sabres young defender is well on his way to having a breakout season.Sports - Yahoo Sports - October 30 -
Russia Raises Interest Rate to 21 Percent, Its Highest in Decades
Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.Business - The New York Times - October 25 -
Private equity management fees fall to lowest level since records began
Fund managers are fighting to secure investors’ money in a tough environmentBusiness - Financial Times - October 22 -
Illegal border crossings fall to lowest level since 2020
U.S. Customs and Border Protection has confirmed previous CBS News reports that illegal border crossings have reached the lowest point of Biden's presidency. CBS News national correspondent Omar ...Top stories - CBS News - October 22 -
Coca-Cola CEO says McDonald's E. coli outbreak won't hurt beverage company's sales
Coca-Cola CEO James Quincey said an E. coli outbreak linked to McDonald's isn't likely to hurt the beverage company's sales at this stage.Business - CNBC - October 23 -
Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures
Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.Business - CNBC - October 23 -
September home sales drop to lowest level since 2010
Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010, according to the ...Top stories - NBC News - October 23 -
Starmer rejects calls for slavery reparations ahead of Commonwealth summit
PM plans to focus on ‘future-facing challenges’ such as climate change but Caribbean leaders hope to raise the issueWorld - Financial Times - October 23 -
Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments
Buffett's actions were triggered in part by a fake political endorsement alerted to him on Meta's Instagram.Business - CNBC - October 23
