Pending home sales see unexpected jump in March, despite rising mortgage rates
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Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure’ from high home prices
The 30-year mortgage rate is averaging at 7.02% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business -
Tom Brady won't be restricted on NFL games he can broadcast despite pending ownership deal with Raiders
An NFL exec says as of right now, 'Tom's able to call any game on the schedule'CBS Sports - Sports - NFL -
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
Comex Gold Ends 1.4% Higher at $2412.20
Front Month Comex Gold for May delivery gained 1.4% to $2412.20 — a fresh record highThe Wall Street Journal - World -
Will a mortgage scupper your retirement?
City watchdog predicts more over-65s will have outstanding home loans in the futureFinancial Times - World - Mortgage -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World -
Harrison Butker’s jersey sales rise as right wing lauds Chiefs kicker after rant
Josh Hawley among conservatives delighted by football player’s commencement speech pummeling Pride and working women . Harrison Butker’s university commencement address at Benedictine College excoriating Pride month, working women, abortion rights ...The Guardian - World -
Scottie Scheffler: golf’s straight man grabs attention in most unexpected way
World No 1’s unlikely brush with the law has raised his profile to a level that his playing abilities alone would never be able to. For 27 years, 10 months, and 26 days the most interesting thing about Scottie Scheffler was his golf. And given ...The Guardian - World -
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Reddit shares surge on OpenAI ChatGPT deal, on pace for biggest gain since March
Shares of Reddit Inc. soared 15.3% Friday, lifted by the company’s deal with OpenAI, putting the stock on pace for its biggest gain since March 25, 2024, when it rose 30% Dow Jones Market Data show.MarketWatch - Business -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
China eases mortgage rules in latest push to aid property sector
China’s financial regulators said Friday that they would remove the mortgage rate floors for first and second homes, and lower minimum downpayment ratios for first-time homebuyers.MarketWatch - Business - China -
BT’s CEO says she ‘loves to squeeze’ short sellers as shares jump
UK’s biggest telecoms group rises 17% as Allison Kirkby announces strategy and raises dividendFinancial Times - Business -
Did Billie Eilish just jump into the race for song of the summer?
Pop superstar Billie Eilish's new album 'Hit Me Hard and Soft' is due Thursday night. One breezy track already feels like a hit.Los Angeles Times - Entertainment -
Company insolvencies jump; Royal Mail takeover would face security review; energy cap to fall in July – business live
Tesla’s chair discusses upcoming shareholder votes on relocating to Texas and Elon Musk’s $56bn pay deal. Rishi Sunak and Akshata Murty rise up rich list as fortune increases by £120mBritish asylum housing tycoon breaks into Sunday Times rich ...The Guardian - World -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
Kanté in France's Euro squad despite Saudi move
France coach Didier Deschamps included midfielder N'Golo Kanté in his preliminary list of players for the European Championship on Thursday and gave a first call-up to Paris Saint-Germain forward Bradley Barcola.ESPN - Sports -
Israel troops posting abuse footage despite pledge to act
Images shared online include Palestinian detainees draped in the Israeli flag and held in stress positions.BBC News - Top stories - Israel -
Engie Backs Outlook Despite Dip in Earnings
Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.The Wall Street Journal - World -
Engie Backs Outlook Despite Dip in Earnings
Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.The Wall Street Journal - Business -
The WSJ Dollar Index Rises 0.2%
The WSJ Dollar Index was up 0.2% to 99.16 — snapping a three-trading-day losing streak.The Wall Street Journal - World