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Weekly mortgage demand tanks 11% as interest rates surge higher
Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.Business - CNBC - November 6 -
Ozempic maker Novo Nordisk nudges higher profit forecast
Novo Nordisk on Wednesday nudged higher its outlook for the year as the drugmaker registered another quarter of strong sales of its weight-loss drugs.Business - MarketWatch - November 6 -
Mortgage rates surge higher on Trump victory, causing housing stocks to fall
Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.Business - CNBC - November 6 -
Mortgage rates jump after Trump defeats Harris
Mortgage rates rose Wednesday morning as the financial markets reacted to Republican nominee Donald Trump winning the presidential election.Business - MarketWatch - November 6 -
Lumen reveals latest numbers around AI deals, and stock leaps higher
Lumen’s CFO says an additional $3.5 billion in AI business “really allows us to go after the capital structure and actually reduce debt.”Business - MarketWatch - November 6 -
Could Trump’s Tariffs Lead to Higher Prices? Here’s What to Know.
The president-elect says that tariff is “the most beautiful word in the dictionary.” You may be hearing it a lot.Business - The New York Times - November 7 -
Oil prices end higher as traders weigh potential Trump policies
Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S. President Donald Trump’s ...Business - MarketWatch - November 7 -
DoubleLine's Gundlach says expect higher rates if Republicans also win the House
DoubleLine's Jeffrey Gundlach said interest rates could shoot higher if Republicans end up controlling the House and securing a governing trifecta.Business - CNBC - November 7 -
Upstart’s return to ‘growth mode’ helps send the AI lending stock higher
Loan volumes picked up 43% on a sequential basis.Business - MarketWatch - November 8 -
Airbnb Posts Higher Third-Quarter Revenue as Travel Demand Accelerates
The short-term rental company posted higher revenue in the third quarter as North American travel trends improved.Business - The Wall Street Journal - November 7 -
Upstart’s stock roars higher. Here’s why analysts say the tide is turning.
Analysts say the AI lender is on a better track is it benefits from an improved interest-rate climate, funding partnerships and “solid” credit trends.Business - MarketWatch - 6 days ago -
This $4 Billion Mall Deal Could Hit Retailers With Higher Rents
The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.Business - Inc. - 6 days ago -
Verizon-Frontier deal goes to the wire as investors demand higher price
Telecoms group offered rich premium in $20bn deal but some shareholders may hold out for moreBusiness - Financial Times - 6 days ago -
Russia Explores Plan to Merge Oil Giants Into Mega Producer
The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.World - The Wall Street Journal - 6 days ago -
Qatar Pauses Efforts to Mediate Stalled Gaza Cease-Fire
The Gulf state’s move reflects frustration with the lack of progress by Hamas and Israel.World - The Wall Street Journal - 5 days ago -
Taiwan Sees a Higher Price for U.S. Support as Trump Returns to Power
The president-elect’s call for Taiwan to spend more on its own defense and his complaints about its semiconductor dominance may herald a tenser relationship.Top stories - The New York Times - 4 days ago -
The Russia-Ukraine War Intensifies, With Drone Attacks, Foreign Troops and Record Losses
The surge in fighting occurs as President-elect Donald Trump pledges to end the conflict.World - The Wall Street Journal - 4 days ago
