Latest in Reeves backs plans for looser limits on mortgage lending
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30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.The New York Times - Jan. 9 -
Andy Burnham backs ‘limited’ national inquiry into UK grooming scandal
Manchester mayor says fresh probe could bring new evidence to lightFinancial Times - Jan. 9 -
5 ways to save on your mortgage payments this January, according to experts
Saving on mortgage payments could help you start the new year strong. Here's how to get started.CBS News - Jan. 9 -
'The sky is the limit' on Damac investment in the U.S., Dubai property giant's chief says
"We can use initially our own financial resources, but then [in the] second phase we can use [a] third party's money," Sajwani said of the planned investment.CNBC - Jan. 9 -
Biden administration planning new AI chip export limits that would hit Nvidia, report says
The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.MarketWatch - Jan. 9 -
Hochul Seeks to Limit Private-Equity Ownership of Homes in New York
Widespread purchases of single-family homes by institutional investors may be contributing to soaring housing prices and low vacancy rates across the country.The New York Times - Jan. 9 -
Rachel Reeves heads to China to build bridges, but a new golden era of relations is impossible
Seeking business partners post-Brexit is sound policy, but even in these darker geopolitical times the UK will ultimately side with the US. Rachel Reeves will fly with a delegation of City grandees ...The Guardian - Jan. 9 -
Bond market ‘police’ are back as investors patrol spending plans
Debt market flare-ups show growing pushback against governments’ loose fiscal policiesFinancial Times - Jan. 9 -
Trump has limited powers to fight an economic cold war
The new president is not the man to shore up the US ‘economic security state’Financial Times - Jan. 9 -
The Papers: 'Apocalypse' LA and 'Reeves faces extra tax rises'
Wednesday's headlines include wildfires in LA and economists warning of rising government borrowing costs.BBC News - Jan. 9 -
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 -
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 -
More fizzle than pop: the limits of Nicole Kidman’s erotic drama Babygirl
Despite bold scenes for mainstream American cinema, the sexy dom/sub age-gap film can’t quite figure out what it’s saying about desire. Arguably the most transgressive scene in Babygirl , A24’s ...The Guardian - 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 -
Israel, Hezbollah Fighting Stretches a Cease-Fire Deal to the Limit
Both sides are accusing each other of violations as the deadline nears for Israeli troops to withdraw from Lebanon.The Wall Street Journal - Jan. 8 -
NASA overhauls plan to bring samples from Mars back to Earth
NASA on Tuesday announced an overhaul to its plan to collect samples from Mars and return them to Earth.NBC News - Jan. 7 -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - Jan. 7 -
Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves
The Chancellor may face the prospect of breaking her own Budget rulesBBC News - Jan. 7 -
MLB rumors: Royals bring back Michael Lorenzen, Nolan Arenado targets AL East team, Astros set budget limit
Here are your hot stove rumors for Monday, Jan. 6CBS Sports - 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 -
U.S. to Ease Aid Restrictions for Syria in Limited Show of Support for New Government
The move reflects Washington’s wariness about the U.S.-designated terror organization that leads the country.The Wall Street Journal - 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 -
FDA sets limits on lead in some baby foods
But consumer advocates say the Food and Drug Administration's new guidance on lead limit in baby food doesn't go far enough.CBS News - Jan. 6 -
FDA limits toxic lead in some baby foods
The FDA set maximum levels for lead in baby foods like jarred fruit, yogurts and dry cereal, part of an effort to reduce kids’ exposure to the toxic metal.NBC News - Jan. 6 -
Donald Trump denies he will pare back aggressive tariffs plan
Washington Post report said aides were aiming to target only critical imports but president-elect calls it ‘fake news’. President-elect Donald Trump on Monday denied a newspaper report that said ...The Guardian - Jan. 6 -
Insurers limit coverage of prosthetic limbs, questioning medical need
Only 30% of beneficiaries who lost a limb in 2016 received a prosthesis within three years, a report found.CBS News - 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 -
Dollar drops on reports Trump will scale back tariff plans
Shares in European carmakers rally on hopes new US administration targets only critical importsFinancial Times - Jan. 6 -
Monday will be a tougher test for the system, though snow could limit traffic.
The tolls were introduced just past midnight on Sunday. Officials are still assessing how they are affecting traffic patterns in New York City.The New York Times - Jan. 6 -
How to maximize your 401(k) plan in 2025 with higher limits, bigger catch-up contributions
If you're eager to save more for retirement, you could be overlooking ways to maximize your 401(k) plan, including key changes for 2025. Here's what to know.CNBC - Jan. 5 -
Looser, More Comfortable Workout Clothes for the New Year
Skintight leggings, crop tops and unitards have long been the workout uniform, but women’s active wear trends are expanding.The New York Times - 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 -
Does the United States need a debt limit?
The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended consequences suggest that there are unforeseen effects that may be worse ...The Hill - 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