Latest in Rates Surging
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The valuation warning for Costco and other higher-rated stocks
When companies approach extreme price levels, gravity loomsWorld - Financial Times - 4 days ago -
Mortgage rates are near 7%, but buyers are making a comeback
Mortgage applications rose 1.7% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - 3 days ago -
Volunteering rate sees record growth: Survey
The volunteering rate among Americans rose 22 percent from 2021 to 2023, representing a record expansion of formal volunteering over a two-year period, according to a new study. The study from ...Politics - The Hill - 3 days ago -
Average mortgage rate increases heading into winter holidays
The 30-year fixed mortgage rate appears to be rising as buyers await a good time to enter the market. Maria Avellaneda, an associate broker for Keller Williams NYC, joins CBS News with more.Top stories - CBS News - 2 days ago -
What will mortgage interest rates be in 2025? Experts weigh in
Mortgage rates should fall next year, experts say, but you may not want to wait. Here's why.Top stories - CBS News - Yesterday -
UK ministers accused of £2.7bn ‘backdoor hike’ in business rates
Chancellor will taper relief for thousands of shops, pubs and restaurants over next two yearsBusiness - Financial Times - Yesterday -
SoFi’s stock set to extend surge — and this is what’s driving recent optimism
LendingClub’s improving delinquency trends suggest SoFi could see similar dynamics, an analyst says.Business - MarketWatch - October 25 -
Lamar Jackson’s Ability to Handle Pressure Is Fueling the Ravens’ Surge
Blitzes aren’t having the same impact on the Baltimore quarterback that they once did.Sports - The New York Times - October 27 -
Migration from Venezuela surges after Maduro snatches election from opposition
Crossings of treacherous Darién Gap linking South and Central America rise before US presidential pollWorld - Financial Times - October 27 -
In stampeding hungry crowd, children wait in vain for bread
As fears of starvation mount across of Gaza while Israel's war with Hamas rumbles on, in the city of Khan Younis, people hoping for bread crowd around a bakery.Top stories - NBC News - October 27 -
When will the next COVID, flu surge start? Experts weigh in
October is typically the calm before the storm when it comes to respiratory viruses. But health experts say it's not time to get comfortable. A surge in flu and COVID cases is likely on the way, ...Politics - The Hill - October 27 -
Pakistan begins another vaccination campaign after a worrying surge in polio cases
Pakistan has begun a nationwide vaccination campaign to protect 45 million children from polio after a surge in new casesWorld - ABC News - October 28 -
Ranking 134 College Football Teams, as a Shocking Contender Surges
Indiana is no longer just a fun story. The dream season is real, a columnist for The Athletic writes.Sports - The New York Times - October 29 -
Pakistan begins another vaccination campaign after a worrying surge in polio cases
Pakistan has begun a nationwide vaccination campaign to protect 45 million children from polio after a surge in new casesHealth - ABC News - October 28 -
HSBC shares surge on another $3 billion buyback plan and earnings beat
HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.Business - MarketWatch - October 29 -
U.S. consumer confidence surges in October to highest level in nine months
The U.S. consumer-confidence index surged to 108.7 in October from a revised 99.2 reading in the prior month, the Conference Board said Tuesday. This is highest level of confidence since January.Business - MarketWatch - October 29 -
Consumer confidence surges as election nears, while job openings move lower
Consumers grew more optimistic heading into the contentious presidential election even as job openings hit multiyear lows.Business - CNBC - October 29 -
G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.Business - The New York Times - October 30 -
Consumer confidence surges to record high ahead of Election Day
During the final weeks of the 2024 presidential campaign, consumer confidence has surged to the highest level in three years, but inflation remains a major concern for families. NBC’s Christine ...Politics - NBC News - October 30 -
Germany's inflation surges to 2.4% as it narrowly skirts a technical recession
Germany's inflation surged to 2.4% in October, back above the European Central Bank's 2% target, even as the country narrowly avoided a technical recession in the third quarter.Business - CNBC - October 30 -
Desperation over gang violence fuels a surge of migration from Ecuador to the US
Across Ecuador, gangs have unleashed a wave of violence and extortion, upending lives and spurring an unprecedented exodusWorld - ABC News - October 30 -
ASP Isotopes Stock Surges on Uranium-Plant Agreement With TerraPower
TerraPower, the Bill Gates-founded nuclear-power firm, will back the planned construction of a facility for producing enriched uranium.Business - The Wall Street Journal - October 30 -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - October 31 -
Political violence in US could surge after elections, experts warn
Trends in online chatter mirror patterns observed in the lead-up to 2020 elections and January 6 Capitol attack. There could be a potential surge in political violence following the upcoming US ...World - The Guardian - October 31 -
Intel books big charges for restructuring, but here’s why its stock is surging
The company says business trends are improving despite ‘noisy’ earnings.Business - MarketWatch - November 1 -
Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.Business - The Wall Street Journal - October 31 -
Nomura profits surge as chief takes pay cut over trading scandal
Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversyBusiness - Financial Times - November 1 -
Abbott Labs and Reckitt Benckiser shares surge on court’s baby formula ruling
A court in St. Louis, Missouri ruled in favor of Abbott Laboratories and Reckitt Benckiser over claims their specialized baby formula caused users to develop a bowel disease called NECBusiness - MarketWatch - November 1 -
Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say
"It isn't anything like we saw with the Trussonomics mini-budget when that spike really was high after those unfunded tax cuts came in," one analyst said.Business - CNBC - November 1 -
Reckitt Shares Surge After Baby Formula Lawsuit Win
Shares in Reckitt Benckiser topped the Stoxx Europe 600 Index after a U.S. court cleared the company of liability in a case concerning its baby formulas.Business - The Wall Street Journal - November 1