Latest in Homebuyer mortgage demand drops further, a troubling sign for the spring market
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U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - Jan. 9 -
Israel's Defense Industry Booms on Foreign Demand and War at Home
Despite arms embargoes over its handling of the war in Gaza, Israel’s top three defense companies are on pace to sell more weapons than ever.The Wall Street Journal - Jan. 9 -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - Jan. 9 -
UnitedHealth shareholders demand review of policies that 'delayed or denied' health care access
Shareholders of UnitedHealth Group (UHG) are calling on the company's board of directors to release a report on how its policy of limiting or delaying access to health care may be impacting the ...The Hill - Jan. 8 -
Shares of California utility Edison International drop 10% as wildfires rage
The decline comes as multiple large fires are burning around Los Angeles, with strong winds making them difficult to contain.CNBC - Jan. 8 -
Panama Canal CEO Says Meeting Trump's Demands 'Will Lead to Chaos'
The canal executive said China doesn’t control route and U.S. ships can’t get better rates than others.The Wall Street Journal - Jan. 8 -
Why eggs are nearly $9 a dozen in California — and when prices could drop
Egg prices at the grocery store shocked many consumers over the recent holiday season, and those prices are expected to continue to climb after an unanticipated spike in the number of bird flu ...MarketWatch - Jan. 8 -
Has the bond market turned against Rachel Reeves?
Rising UK borrowing costs raise risk that chancellor will have to impose tighter fiscal policy as soon as MarchFinancial Times - Jan. 8 -
Nvidia’s stock falls further — but analysts see a future that’s brighter than ever
Nvidia’s talk of huge market opportunities in autonomous driving and robotics is “potentially comforting for investors thinking about what might come next for the company,” an analyst says.MarketWatch - Jan. 8 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
Meta changes hate speech rules, dropping LGBTQ protections
Meta, the parent company of Facebook and Instagram, dropped some LGBTQ protections from its hate speech rules Tuesday amid a wider overhaul of the social media giant’s content moderation ...The Hill - Jan. 8 -
Brazil marks 2nd anniversary of right-wing coup attempt as Bolsonaro's legal troubles deepen
Brazilian authorities are gathering in capital Brasilia to mark the second anniversary of an alleged coup attempt by supporters of former far-right President Jair BolsonaroABC News - Jan. 8 -
The loyalty both Biden and Trump demand is costing America dearly
Pardoning those he called “patriots” and “political prisoners” would send a message — that loyalty to Trump comes with benefits.The Hill - Jan. 8 -
The market’s wobbling. Here are BlackRock’s shields for the biggest risks.
Here are the hedges the $11 trillion asset manager recommends for the concerns weighing on investor minds.MarketWatch - Jan. 8 -
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 -
America’s frozen housing market is finally starting to thaw
After nearly three years of grappling with an expensive housing market, home buyers are showing signs of getting used to it.MarketWatch - Jan. 8 -
Lawmakers play the market
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Dozens of lawmakers beat stock market: report More than two dozen lawmakers once ...The Hill - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
Dozens of lawmakers beat stock market in 2024: Report
The stock portfolios of more than two dozen lawmakers once again outperformed the market as bans on congressional stock trading stalled, according to a new report from the trading trackers at ...The Hill - Jan. 7 -
Palantir’s stock sees sharpest drop since May as momentum cools
Bears criticized Palantir’s valuation for months as shares climbed higher. Is Wall Street paying more attention to the multiple now?MarketWatch - Jan. 7 -
Meta Drops Rules Protecting LGBTQ Community as Part of Content Moderation Overhaul
The changes included allowing users to share “allegations of mental illness or abnormality when based on gender or sexual orientation.”The New York Times - Jan. 7 -
Buffalo will be hottest housing market in 2025: Zillow
Buffalo, N.Y., will for the second year in a row be the hottest housing market in the country due to its job market stability and affordable home prices, according to a report released Tuesday by ...The Hill - Jan. 7 -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - Jan. 7 -
What to know about Florida's massive falling iguanas when temperatures drop
When temperatures drop in South Florida, it can cause a big problem for Floridians: falling iguanas. When it gets too cold, the large invasive reptiles — which can grow to be up to 5 feet long and ...CBS News - Jan. 7 -
Will Pat Riley and the Heat bend to Jimmy Butler's demands?
The Heat star wants out of Miami. But what is it that he wants? The answer is obvious.Yahoo Sports - Jan. 7
