Latest in Higher Surprise
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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 - November 8 -
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. - November 8 -
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 - November 8 -
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 - November 9 -
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 - November 9 -
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 - November 10 -
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 - November 10 -
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - November 11 -
Excessive drinking inches higher after pandemic increase: Research
Excessive drinking continued increasing in 2022, after rising during the worst of the COVID-19 pandemic, according to a new study that was released on Tuesday. The study, published in the Annals ...Politics - The Hill - November 12 -
What Could Happen in Higher Education During a Second Trump Term?
Higher education has been a favorite target of Republicans who believe schools have tilted leftward. Now, colleges and universities are bracing for the Trump administration to take action.Top stories - The New York Times - November 12 -
MicroStrategy to lose ‘controlled company’ exemption, and stock seesaws higher
MicroStrategy said that because of the volume of share sales to raise money to buy bitcoin, Michael Saylor, the company’s co-founder and chair, will no longer hold the majority of voting power.Business - MarketWatch - November 12 -
UK’s dual motive for higher defence spending raises problems
Trump era means government has to navigate competing pressures, but it must solve its procurement woes firstWorld - Financial Times - November 13 -
Oil prices end higher after tapping a 2-week low
Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas drillers under the incoming administration of President-elect Donald Trump.Business - MarketWatch - November 13 -
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QinetiQ Eyes U.S. Expansion Amid Higher Defense Budgets
The London-listed company is planning to expand in the U.S. as the country ramps up defense spending, its chief executive said after the company posted revenue above expectations.Business - The Wall Street Journal - November 14 -
Oil prices settle higher but stay on track for a weekly loss
Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back of strength in the U.S. dollar and the latest forecast from the ...Business - MarketWatch - November 14 -
Will heating bills be higher this winter? It depends on where you live
Last year's winter was the warmest on record, which helped keep energy costs low. Long-range forecasts indicate the winter of 2024-2025 is expected to be colder, especially in northern states and ...Politics - The Hill - 6 days ago -
Despite Lowering Toll to $9, Hochul May Find a Higher Political Cost
Gov. Kathy Hochul’s move to revive congestion pricing in New York has energized her Republican opponents, giving them fodder to fight her re-election in 2026.Top stories - The New York Times - November 15 -
10-year Treasury yield ends at nearly 2-week low amid near-term consolidation
Yields on U.S. government debt finished mostly lower on a lack of major market-moving data on Monday, as market participants weighed the prospects for near-term consolidation in the bond market.Business - MarketWatch - 5 days ago -
Bitcoin rises to a new record as investors absorb growing Ukraine-Russia tensions
Bitcoin moved higher Tuesday amid rising geopolitical tensions between Ukraine and Russia.Business - CNBC - 4 days ago -
Oil prices end higher following latest developments in Russia-Ukraine war
Crude futures settled a bit higher on Tuesday as traders tracked developments in the Russia-Ukraine war that looked to raise the risk of oil-supply disruptions from one of the world’s largest ...Business - MarketWatch - 4 days ago -
Palantir becomes a ‘Trump trade’ as investors bet on higher defence spending
Peter Thiel-founded data company, whose biggest client is the US government, rises $23bn in value since electionWorld - Financial Times - 4 days ago -
Higher energy bills push UK inflation to 6-month high in October
Inflation in the U.K. has risen sharply to a six-month high in OctoberWorld - ABC News - 4 days ago -
Delta expects higher profits thanks to high-end travel and 'resilient economy'
Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.Business - CNBC - 3 days ago -
Snowflake’s stock flies higher as software company’s outlook impresses
Snowflake’s last three earnings reports spurred negative stock reactions, but investors seem to like the company’s upbeat guidance this time aroundBusiness - MarketWatch - 3 days ago -
Could we see a Trump November Surprise?
Trump victories in North Carolina, Georgia and Pennsylvania could end the contest.Politics - The Hill - October 25
