Some home buyers are still applying for mortgages even as rates soar past 7%
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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 -
Investors Have an Advantage Over Family Home Buyers
Level the playing field.The Wall Street Journal - World -
Auto incentives are back — but high interest rates weaken deals for buyers
Incentives are coming back to the auto market, but interest rates remain high, corroding the benefits for buyers. Here are three things shoppers can do.CNBC - 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 -
Will mortgage rates fall in 2024? Here's what Freddie Mac predicts.
Demand for buying a home will remain strong in 2024 even though mortgage rates have been around 7% this year.CBS News - Top stories - Mortgage -
Ship Freight Rates Soar as Red Sea Diversions Become a Norm
Cargo owners and shipping lines expect disruptions for the rest of the year, adding time and costs to ocean routes.The Wall Street Journal - World -
Looking to purchase a home? These U.S. cities are the most buyer-friendly.
A wave of new construction has turned cities in Texas and Florida into the country's friendliest markets for homebuyers.CBS News - Top stories -
Evening Report — Cohen faces questions about background, past lies
A quick recap of the day and what to look forward to tomorrow {beacon} Evening Report © Elizabeth Williams via AP Cohen takes a grilling on Trump trial witness stand Michael Cohen, former President Trump's one-time lawyer and "fixer" took ...The Hill - Politics -
A London Jeweler Updates Its Home to Rediscover Its Past
Hancocks has moved into a renovated Georgian townhouse on St. James’s Street with more space to display its wares as well as its history.The New York Times - Lifestyle -
Apple agrees to $35 million settlement with some iPhone 7 users
The settlement covers U.S. residents who owned an iPhone 7 or 7 Plus between September 16, 2016, and January 3, 2023, and reported a covered issue to Apple or paid the company for repairs.CBS News - Top stories - Apple -
Wrong boil water advice given to some Devon homes
South West Water apologises after 28 properties were wrongly told the water was safe to drink.BBC News - Top stories -
Toxic Political Culture Has Even Some Slovaks Calling Country ‘a Black Hole.’
Slovakia has long been dogged by criticism that it is prone to authoritarianism, but a frenzy of blame since an assassination attempt has heightened such concerns.The New York Times - World -
Indiana Pacers shoot past the New York Knicks 130-109 in Game 7 to advance to Eastern Conference finals
Indiana Pacers shoot past the New York Knicks 130-109 in Game 7 to advance to Eastern Conference finalsABC News - Sports - New York -
Rafael Devers hits home run in record 6th straight game to lift Red Sox past Rays
Rafael Devers is now just two home runs shy of matching MLB’s all-time record.Yahoo Sports - Sports - MLB -
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ADHD drug shortage shows signs of letting up, but some patients still struggle
ADHD medication shortages have largely been resolved, says the FDA. However, some doctors and patients still report difficulties in obtaining prescriptions.NBC News - Top stories -
‘We got more viewers than some royal weddings!’ Five decades of reality TV marriages – all still together
What’s it like to share your big day with millions? From Blind Date to Married at First Sight, reality TV couples relive the thrills, fears and regrets – and reveal what’s made their relationships last. Marc and Karen Adams-Jones’s wedding in 1984 ...The Guardian - World -
The U.S. economy and inflation might be cooling off, but lower interest rates are still far away
Is the economy headed in the right direction? Wall Street investors certainly think so. They drove U.S. stocks to a record high this week. Why the optimism?MarketWatch - Business -
Will a mortgage scupper your retirement?
City watchdog predicts more over-65s will have outstanding home loans in the futureFinancial Times - World - Mortgage -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
I bought my first home this year: 7 things I wish I'd done before getting serious about my search
My partner and I closed on a two-bedroom apartment in New York City in January 2024.CNBC - Business -
'I will be paying my mortgage until I’m 68'
With more young homebuyers opting for ultra-long mortgages, we hear from people about their personal experiences.BBC News - Top stories -
Who gets 15 hours of free childcare and how do I apply?
Parents in England can now access 15 hours of free weekly childcare for their two-year-olds.BBC News - Top stories -
6 Strategies for Applying Work Hours to Your Own Priorities
Trying to satisfy and help everyone at work often leads to stress and poor performance.Inc. - Business -
Electricity grids creak as AI demands soar
Data centre electricity demand is forecast to double in four years, putting energy grids under pressure.BBC News - Top stories -
Dancing Past the Venus de Milo
The Louvre is joining in the celebration for the Olympics by opening up for dance and exercise classes early in the morning. Tickets sold out in a flash.The New York Times - Top stories -
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 -
Younger Buyers Are Entering the Art Market. It's Anyone's Guess What They Want.
New York’s major spring sales show the market is still suffering, but Gen X and millennial buyers are shaking up everything.The Wall Street Journal - World -
This is how long it will take for the electric vehicle industry to win over skeptical buyers
A new study finds that most EV skeptics will consider buying a battery-powered vehicle in the future, but for some, it could take a while.MarketWatch - Business -
5/16: CBS Evening News
Morehouse College prepares for possible disruptions ahead of Biden's commencement address; Oncology nurse faces down her own cancer diagnosis with courageCBS News - World -
5/17: CBS Evening News
Video appears to show Sean "Diddy" Combs assaulting ex in 2016; How compassion, not just free tuition, helped one Ohio student achieve his college dreamsCBS News - Top stories -
5/20: CBS Evening News
Fireworks erupt in court during defense witness testimony at Trump trial; Simone Biles back in action with new floor routine at U.S. ClassicCBS News - World -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
The Papers: Archbishop's plea to Starmer and stalking hotline calls soar
A range of stories on Sunday's papers including Labour's plans for NHS staff to work weekends.BBC News - Top stories -
Soaring debt and deficits causing worry about threats to the economy and markets
Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.CNBC - Business -
Productivity soars in sectors of global economy most exposed to AI, says report
Employers in UK, one of 15 countries studied, willing to pay 14% wage premium for jobs requiring AI skills. The sectors of the global economy most heavily exposed to artificial intelligence (AI) are witnessing a marked productivity increase and ...The Guardian - World -
Is COVID-19 still a 'pandemic?'
On March 11, 2020, the director-general of the World Health Organization told the world that COVID-19 "can be characterized as a pandemic." Is that still the case?The Hill - Politics - Covid -
What's the future for Aberfan chapel with tragic past?
Some of the 116 children killed in the Aberfan disaster were taken to the now derelict Capel Aberfan.BBC News - Top stories -
Flying is cheaper in 2024. But not for some destinations
Average airline ticket prices are less expensive than they were a year ago. But flights to some areas, especially those abroad, are still high.CNBC - Business