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Mortgage rates fall, providing some relief to home buyers
The U.S. 30-year mortgage rate is averaging at 6.79% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business - Mortgage -
Having ridden the New York commercial-property boom together, NYCB and Meridian Capital are now in a changed world of higher interest rates and falling building valuations.
Having ridden the New York commercial-property boom together, NYCB and Meridian Capital are now in a changed world of higher interest rates and falling building valuations.The Wall Street Journal - World - New York -
The Fed Stays the Course on Rates
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on the issue.The New York Times - Business - Federal Reserve -
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Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
Video: Why Consumer Confidence Is Falling
The WSJ’s Dion Rabouin breaks down the latest conference board data and what consumers are saying about the economy.The Wall Street Journal - World -
Minnesota Timberwolves Sale Takes Dramatic Turn
A group led by entrepreneur Marc Lore and retired ballplayer Alex Rodriguez had been in line to buy the NBA franchise. Then the current owner spiked the deal.The Wall Street Journal - World -
BoE rate-setter warns against rushing to cut interest rates
Comments come after governor Andrew Bailey last week said interest rate cuts were ‘in play’Financial Times - World -
WSJ Dollar Index Falls 0.2% to 98.85
The WSJ Dollar Index was down 0.2% to 98.85 — snapping a two-trading-day winning streak.The Wall Street Journal - World -
Eurozone Bond Yields Drift Lower, Liquidity Seen Light Ahead of Easter
Eurozone government bond yields were slightly lower in early trading, with investors awaiting fresh drivers in a week when market liquidity is likely to be light ahead of the Easter holidays.The Wall Street Journal - World -
Satisfaction with NHS falls to 40-year low
British Social Attitudes survey reflects impact of strikes and long waiting lists on health service in 2023Financial Times - World -
Oil prices slip on U.S. crude stockpile increase
U.S. commercial crude stockpiles rose by 3.2 million barrels for the week ending March 22, according to the Energy Information Administration.CNBC - Business -
U.S. Natural Gas Futures Fall on Oversupply Concerns
U.S. natural gas futures settled lower for a sixth straight session on concerns about surplus inventories and less bullish near-term weather forecasts.The Wall Street Journal - World -
How Thames Water can avoid nationalisation
Without fresh equity the UK utility would have to slash costs and investment and focus squarely on cash preservationFinancial Times - Business -
Tributes paid to Gogglebox star after fall death
'Charming' star George Gilbey, 40, who also appeared on Celebrity Big Brother, has died in a fall.BBC News - Top stories -
Why auto insurance rates are skyrocketing in the U.S.
The average annual premium for full coverage auto insurance in the U.S. rose 26% from 2023 to 2024, according to Bankrate.CNBC - Business -
Fed Rate Outlook Looks Just Right for Banks
Banks look forward to relief on deposit costs but have no desire to go back to zero rates.The Wall Street Journal - World - Federal Reserve -
Fed’s Goolsbee expects three rate cuts this year
Chicago Fed President Austan Goolsbee said Monday he now expects three quarter-point interest rate cuts this year.MarketWatch - Business -
How do interest rates affect me?
Bank of England interest rates have an impact on the mortgage, loan and savings rates for millions of people.BBC News - Top stories -
An interesting disconnect in US rate-cut expectations
Economists and the Fed think similar things on what will happen to the US economy. So why is there a big gap in their expectations for interest rates?Financial Times - World -
Bankers jailed for interest rate rigging lose appeal
Tom Hayes and Carlo Palombo, convicted for manipulating a key interest rate, have had their appeals dismissed.BBC News - Top stories -
Legal action only option, says defective flat owner
The BBC has seen an interim report that found 'understrength concrete' was used in construction.BBC News - Top stories -
Mellman: My apologies — and a rise in Biden’s approval rating
President Biden’s approval rating actually increased by 2 points in the wake of this SOTU, better than the average increase of zero.The Hill - Politics - Joe Biden -
Mortgage demand stalls, even as interest rates moderate
The usually busy spring housing market is underway, but mortgage demand isn't moving.CNBC - Business - Mortgage -
Burden falls on Prince William to steer monarchy through next few months
With his father and wife diagnosed with cancer, and himself estranged from his once beloved brother, the blows have come thick and fast. For the Prince of Wales, the blows have come swiftly one after the other. First his father, King Charles, ...The Guardian - World -
‘We’re barely hanging on’: England’s cultural jewels fall into the red
New arts lobby group says plight that hits even top bodies such as Royal Shakespeare Company makes entire country poorer. The vast majority of England’s biggest subsidised cultural institutions are now operating at a loss, including many ...The Guardian - World -
Tylor Megill strikes out seven as Mets fall to Marlins
The Mets, playing a split-squad game in Jupiter, Fla., fell to the Miami Marlins, 5-1.Yahoo Sports - Sports - MLB -
Injured Andy Murray falls to agonising defeat against Machac in Miami Open
Murray loses 7-5, 5-7, 6-7 (5) to Czech in third roundScot felt ankle injury before tie-break but carried onFor three hours and 28 minutes, Andy Murray battled with everything he had, even when he almost had nothing. First he played brilliantly ...The Guardian - World -
March Madness: No. 6 Clemson survives furious Baylor rally to beat back No. 3 Bears, advance to Sweet 16
Clemson almost blew a big lead, but held on to advance to the tournament's second weekend.Yahoo Sports - Sports - College Football -
Flyers fall to their former goalie prospect as Panthers get payback
Coming off the emotional high of beating Boston, the Flyers had a letdown Sunday night with a 4-1 loss to the Panthers at the Wells Fargo Center.Yahoo Sports - Sports -
Four suspects appear in court as Russia mourns concert attack dead
At least 137 people killed and 180 injured in assault claimed by IsisFinancial Times - Business - Russia -
UK MPs to be given warnings on threat of Chinese cyber attacks
Reprisals expected just as company from China eyes investment in Midlands battery gigafactoryFinancial Times - Business - United Kingdom -
What is the preventive cancer treatment Princess Catherine is receiving?
Chemotherapy can target microscopic cells to prevent the disease from spreadingFinancial Times - Business -
B&Q owner Kingfisher forecasts profits to fall this year
London-listed group strikes cautious note on DIY marketFinancial Times - Business -
Fisker’s stock tumbles further as talks with carmaker fall through
The EV company had been in talks with a big carmaker about a potential transaction, but that company has terminated negotiations.MarketWatch - Business -
Struggling Clippers still searching for an 'identity' after loss to Pacers: 'We're soft'
Russell Westbrook scores 14 points in his return from injury, but Clippers coach Tyronn Lue is left frustrated following a 133-116 loss to the Pacers.Yahoo Sports - Sports -
Trump’s stake in social media group hits $4.6bn after market debut
Shares of company behind former president’s Truth Social platform rise 16% in first day of tradingFinancial Times - Business - Donald Trump -
Progress Software Revenue Beats Estimates, Outlook Falls Short
The global software company also confirmed it made an offer to acquire MariaDB for 60 cents a share, joining K1 Investment Management in those looking to scoop up the database server.The Wall Street Journal - World -
Progress Software Revenue Beats Estimates, Outlook Falls Short
The global software company made an offer for all issued and to be issued share capital of MariaDB at 60 cents a share.The Wall Street Journal - Business -
Oil Futures Fall as Investors Watch Mideast Tensions, OPEC Moves
Oil futures fell in early Asian trade as the market contemplated ongoing geopolitical tensions and OPEC cutbacks.The Wall Street Journal - World