Latest in Existing Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates
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Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8 -
Here's where mortgage rates could be headed in 2025
Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.The Hill - Jan. 8 -
Schools bill risks harming decades of progress in England
Changes to system that has driven up teaching standards need to be made with great careFinancial Times - Jan. 8 -
'Music is back' as vinyl and streaming help sales hit a 20-year high
Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.BBC News - Jan. 8 -
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - Jan. 7 -
Their remains were found decades ago. A new push could ID serial killer's victims.
Decades after investigators unearthed thousands of human bones and bone fragments on a suspected Indiana serial killer’s property, a renewed quest is playing out in laboratories to solve a ...NBC News - Jan. 7 -
The Populist Vying to Lead Canada and End a Decade of Liberalism
Pierre Poilievre rode a wave of discontent with Covid-19 policies, putting him on the cusp of becoming prime minister.The Wall Street Journal - Jan. 7 -
Hermit guardian of Budelli dies after three decades on paradise island
Mauro Morandi stumbled upon island off Sardinia in 1989 after catamaran broke down. Mauro Morandi, an Italian man nicknamed “Robinson Crusoe” by the media after living alone on a paradise island ...The Guardian - Jan. 7 -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - Jan. 7 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7 -
C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.The New York Times - Jan. 6 -
Chrysler sales have shrunk 80% in two decades. Here's how executives plan to bring the brand back
Once a relatively diversified brand, Chrysler now has only two models, both of them different versions of the same minivan.CNBC - Jan. 6 -
7 ways to get a lower mortgage rate in 2025
Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.CBS News - Jan. 6 -
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Tesla posted record China sales in 2024. But this year is going to be tough as competition heats up
Tesla faces fresh threats as Chinese automakers double down on domestic market in the face of hefty export tariffs in the U.S. and European Union.CNBC - Jan. 6 -
‘Eyewatering’ £100m spent on repairs in Scotland’s ‘ferry fiasco’ over past decade
Government plans for publicly funded operator CalMac have been mired in controversy, with replacement vessels delayed and costs spiralling. Almost £100m has been spent over the past decade on ...The Guardian - Jan. 5 -
Changing alcohol labels could take 'decades': Dr. Marion Nestle
Dr. Marion Nestle called the surgeon general's proposal "absolutely unambiguous" in its phrasing.The Hill - 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 -
‘It’s buzzing here’: Detroit’s revival takes shape after decades of decay
The tech scene is booming in the US’s largest Black-majority city, with foreign investment and a recent population boost. When the Book Cadillac hotel opened in Detroit a century ago this month, ...The Guardian - Jan. 4 -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - Jan. 3 -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - Jan. 3 -
These airlines were the most on time in 2024, analysis finds
Delta ranked highest among U.S. carriers despite a computer outage in July that caused thousands of cancellations.CBS News - Jan. 3 -
First Superman Lego Set In Over A Decade Is Now Available, And It's Only $15
Lego DC - Superman Mech vs. Lex Luthor (120 Pieces) ...GameSpot - Jan. 3 -
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Almost A Decade Later, Preorders For This 3DS Game Are Being Canceled
Amazon has started canceling preorders for the Nintendo 3DS version of Mighty No. 9, a game that was released almost 10 years ago. Developed by Comcept and former Capcom producer Keiji Inafune, ...GameSpot - Jan. 3 -
UK mortgage approvals fall in November
Unexpected decline interrupts recovery in housing market activityFinancial 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 -
Tesla sales declined for first time in a decade
Tesla sales for 2024 declined for the first time in 10 years despite enticing financing offers and low-priced leases. CBS MoneyWarch correspondent Kelly O'Grady has more on the alarming trend. ...CBS News - Jan. 2 -
Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
Tesla’s global annual sales fell for the first time in more than a dozen years, a blow to a stock that has soared since Donald Trump's election and its CEO billionaire became a top policy adviser ...ABC News - Jan. 2 -
Only UK's fourth warmest year ever – but which weather records were broken in 2024?
Tomasz Schafernaker looks back at this year's UK weather - from record breaking heat to red warnings.BBC News - Jan. 2 -
These airlines were the most on time in 2024
Supply chain issues and strong travel demand continued in 2024.CNBC - 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 -
Chinese EV makers BYD, Nio, Li and XPeng end 2024 on a sales high
Chinese electric-vehicle makers enjoyed strong sales in December 2024 as the country’s EV price war continued.MarketWatch - 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 -
China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - Jan. 2 -
‘Just by existing, he’s extended this war’: Timothy Snyder on Trump, Russia and Ukraine
Historian and bestselling author of On Tyranny worries over Trump’s return to power – and the influence of Elon Musk. Timothy Snyder was not surprised to be asked to help rebuild a Ukrainian ...The Guardian - Jan. 1
