Pending home sales jump to six month high as lower mortgage rates draw buyers in

Weight-loss drugs could be key in lowering US obesity rates – experts

Medications like Ozempic ‘transformed’ diabetes care because they improved health outcomes, say experts. Obesity rates have decreased slightly in the US and while it’s too early to say whether the ...

World - The Guardian - October 18

China cuts benchmark lending rates by 25 basis points

The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.

Business - CNBC - October 21

2 States to Vote on Lower Minimum Wage Rate for Tipped Workers

Massachusetts and Arizona plan ballot measures that could eliminate the subminimum wage paid to many workers in the restaurant and hospitality industries.

Business - Inc. - October 21

Credit card interest rates are surging: How to lower yours now

The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.

Tech stocks are nearing their first record high since July as dip-buyers get their wish

Information technology stocks have shaken off their summertime blues, even reclaiming the top spot on the stock market’s 2024 leaderboard.

Business - MarketWatch - October 17

Absolut Vodka Maker Pernod Ricard Posts Lower Sales

The French distiller experienced a slow start to its fiscal year, citing sharp sales declines in the key markets of China and the U.S. as the spirits industry faces a slowdown in consumption.

Business - The Wall Street Journal - October 17

Honeywell’s stock falls as sales miss and lowered guidance offsets profit beat

Honeywell International Inc.’s stock fell 2.5% early Thursday, after the aerospace and technology company missed third-quarter sales estimates and lowered its guidance, offsetting a profit beat.

Business - MarketWatch - 6 days ago

Philips shares slide as company blames China for lowered sales outlook

Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.

Business - MarketWatch - 2 days ago

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

How does the 10-year Treasury yield affect mortgage rates? Experts explain

The 10-year Treasury yield plays a significant role in your mortgage loan borrowing costs. Here's how.

Mortgage rates rise for the fourth week in a row. But in these states, it’s still cheaper to buy than to rent.

The 30-year mortgage rate is averaging at 6.54%, Freddie Mac said in its latest weekly survey on Thursday.

Business - MarketWatch - 6 days ago

Euro falls to 2-month low as investors price in interest rate cuts

Single currency has dropped more than 2% against dollar so far this month

World - Financial Times - October 15

How much will a $75,000 HELOC cost per month now that rates are falling?

A $75,000 HELOC has inexpensive monthly payments now, and they could become even cheaper in the months to come.

China's September Auto Sales Reverse Five-Month Declines

China’s passenger-vehicle sales rose in September, reversing five months of declines thanks to supportive government policies and improving consumer sentiment.

Business - The Wall Street Journal - October 12

Hizbollah warns of escalation in Israel conflict after Yahya Sinwar killing

Threat from Lebanese militant group follows death of Hamas leader in firefight in Gaza

Business - Financial Times - October 18

British retail sales beat forecasts to rise for third straight month

Tech purchases fuel unexpected growth of 0.3%

Business - Financial Times - October 18

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 - Yesterday

Nvidia’s stock secures first record in four months as customers seem locked in

One analyst says customers are in a “prisoner’s dilemma” that will keep them spending, while another was encouraged by recent Nvidia commentary on the company’s “moat.”

Business - MarketWatch - October 14

Consumer Sentiment Among Older Canadians Hits 32-Month High

World - Yahoo News - October 21

Fed Governor Waller sees need for 'more caution' ahead when lowering interest rates

Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.

Business - CNBC - October 14

Fed Governor Christopher Waller sees need for more caution when lowering interest rates

Federal Reserve Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September as he expressed concern that the economy could ...

Three ways to play the bond market as the Fed lowers interest rates, this analyst says

Falling interest rates will steepen the yield curve and make these credit ETFs attractive

Business - MarketWatch - 5 days ago

Odds of November interest rate cut jump as UK inflation drops to 1.7% – business live

UK inflation drops below 2% target in September , weakening pound and raising chances of an interest rate cut in November. Today’s report shows that prices in the UK are rising a little slower than ...

World - The Guardian - October 16

When will home equity loan interest rates fall again?

Home equity loan interest rates are on the decline. But when, precisely, will they fall again? Here's what to know.

New-home construction dips in September, as builders await rate cuts

Construction on new U.S. homes fell 0.5% in September, the Commerce Department said Friday.

Business - MarketWatch - October 18

Why home equity borrowers shouldn't wait for the November rate cut

If you need to access your home equity consider acting now, before a potential November rate cut. Here's why.

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