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Rise in all-cash transactions turbo charge price gains for luxury homes
Some 46.8% of luxury homes were bought entirely with cash in the three months ended February 29, the highest share in a decade, according to Redfin.CBS News - Top stories -
Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
Higher asset prices are considered signs of a good economy. But for many people, they are hurting more than helping.The Wall Street Journal - World -
Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
Higher asset prices are considered signs of a good economy. But for many people, they are hurting more than helping.The Wall Street Journal - World -
Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
Higher asset prices are considered signs of a good economy. But for many people, they are hurting more than helping.The Wall Street Journal - World -
Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
Higher asset prices are considered signs of a good economy. But for many people, they are hurting more than helping.The Wall Street Journal - World -
Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
Higher asset prices are considered signs of a good economy. But for many people, they are hurting more than helping.The Wall Street Journal - World -
Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
Higher asset prices are considered signs of a good economy. But for many people, they are hurting more than helping.The Wall Street Journal - World -
Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
Higher asset prices are considered signs of a good economy. But for many people, they are hurting more than helping.The Wall Street Journal - World -
Young Americans Are Getting Left Behind by Rising Home Prices, Higher Stocks
Higher asset prices are considered signs of a good economy. But for many people, they are hurting more than helping.The Wall Street Journal - World -
Exxon and Chevron profits dragged down by weaker gas prices
Quarterly results signal pullback from bumper earnings in past two yearsFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Chevron beats earnings estimates but profit falls on lower refining margins and natural gas prices
Chevron produced 1.57 million barrels of oil and gas daily in the U.S. for the quarter, an increase of 35% during the same period last year.CNBC - Business -
Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
Exxon Mobil's first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.CNBC - Business -
'Unhoused': Without a Home but Without the Stigma
An alternate for ‘homeless’ is gaining popularity among advocates as a less pejorative termThe Wall Street Journal - World -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
The colonialist overtones of EU’s green trade crusade
Many middle-income countries show reserves of pragmatic tolerance that Europeans do not necessarily deserveFinancial Times - Business -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
U.S. Natural Gas Futures Fall
U.S. natural gas futures lost ground but settled off the day’s lows.The Wall Street Journal - World -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
BYD Seal 2024 Review: Prices, Specs, Availability
A world-class sedan for the people, from China’s biggest name in EVs. It’s here to best Elon’s offering, and it may well be the car to do it.Wired - Tech -
Gold's price is high. Is it still safe to invest in?
Gold has long been thought of as a safe investment. But is it still safe after recent price growth? Find out here.CBS News - Top stories -
CVC Soars in of Amsterdam Trading Debut
CVC shares rose 24% on the first day of trading on Amsterdam’s stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.The Wall Street Journal - World -
CVC Soars in of Amsterdam Trading Debut
CVC shares rose 24% on the first day of trading on Amsterdam’s stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.The Wall Street Journal - Business -
CVC shares jump in trading debut after long-awaited IPO
Private equity group says €2bn offering oversubscribed multiple times, in sign of strong investor appetiteFinancial Times - Business -
MTA’s Congestion Pricing in NYC Will Start June 30
Transit officials announced the start of the program, which they have said will ease some of the nation’s worst traffic.The New York Times - Top stories -
Capt Sir Tom's family home on sale for £2.25m
The Bedfordshire home that the veteran fundraiser lived in with his family is now on the market.BBC News - Top stories -
Police officers deny assaulting care home amputee
The officers were called to an incident at a care home in St Leonards-on-Sea in June 2022.BBC News - Top stories -
Buying a home is more expensive than ever
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY The Big Story It's more expensive than ever to buy a home A new report from real estate company Redfin found that the median home price has hit a record high in ...The Hill - Politics -
Home and Away star arrested after Australian manhunt
The actor was taken into custody on Thursday after failing to front court on assault charges.BBC News - Top stories -
'Buying a first home is harder when you're single'
A report says two high incomes are increasingly needed to afford a mortgage, leaving millions stuck.BBC News - Top stories -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
U.S. Fertility Rate Falls to Record Low
Fewer babies were born in the U.S. in 2023 than any year since 1979.The Wall Street Journal - World -
Moulin Rouge’s Windmill Blades Fall Off in Paris
Firefighters were called overnight after the blades crashed to the ground. Nobody was hurt, and the famed cabaret venue will stay open.The New York Times - World - France -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World