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Mortgage rates are now at the highest level of the year and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going.NBC News - Top stories - Mortgage -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
Tips for buying a home as mortgage rates climb
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.CBS News - Top stories - Mortgage -
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - World -
Mortgage rates top 7 percent for first time in 2024
Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie Mac. The average 30-year fixed-rate mortgage rose to 7.1 percent this week, up from 6.88 percent the week before. “As rates trend higher, ...The Hill - Politics - Mortgage -
UK inflation could stay near 2% target for three years, says BoE rate-setter
Dave Ramsden’s comments suggest he does not need much more evidence of price growth falling before backing rate cutsFinancial Times - Business - United Kingdom -
The struggle to choose the right mortgage
As interest rates stay higher for longer, those looking to refinance face some difficult choicesFinancial Times - Business -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - World -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
Juliette Pavy: Sony World Photographer of the Year 2024
The prestigious photographer of the year title has been awarded to Juliette Pavy for her series Spiralkampagnen: Forced Contraception and Unintended Sterilisation of Greenlandic Women. Pavy was selected from the 10 winners in the professional ...The Guardian - World -
5 Takeaways From a Year of Medicaid Upheaval
In the year after a pandemic-era policy preserving Medicaid coverage lapsed, more than 20 million people were dropped from the program at some point.The New York Times - Health -
Palmer wanted to leave Man City 'for two years' - Guardiola
Manchester City manager Pep Guardiola says Cole Palmer was asking to leave the club for two years before he eventually joined Chelsea.BBC News - Top stories -
Marking 25 years since the Columbine shooting
Saturday marks 25 years since the devastating Columbine High School shooting in Littleton, Colorado. Twelve students and one teacher were killed when a pair of students opened fire during a school day in what became one of the most high-profile ...CBS News - Top stories -
Columbine survivor on 25 years since mass shooting
The Columbine High School mass shooting in Littleton, Colorado, left behind many survivors and families who are still dealing with the massacre's trauma. Zach Cartaya, a Columbine student and co-founder of The Rebels Project, joins CBS News with ...CBS News - Top stories -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
Liverpool ratings: Salah gets 6/10 in elimination to Atalanta
Mohamed Salah was able to get his goal but Liverpool wasn't able to do enough as they were eliminated from the Europa League at the hands of Atalanta.ESPN - Sports -
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Why the Fed Should Declare Victory and Cut Interest Rates
Small-business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve -
Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business -
Interest Rates, Geopolitical Tensions Keep U.S. Stocks Gloomy
U.S. stock indexes mostly fell as corporations face the threat of high interest rates for longer.The Wall Street Journal - World -
Fed's Global Detractors Grumble as Central Bankers Debate Rate Cuts
Fed president say arate cutmight happen this September, or maybe not. At the IMF meeting, other finance chiefs tryto keep up with the shifting sands of U.S. monetary policy.Inc. - Business - Federal Reserve -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Business -
‘Five-year-old on acid’: Liz Truss’s Ten Years to Save the West, digested by John Crace
Sketchwriter’s take on memoir of PM who screwed up catastrophically and quickly but thinks there’s still work to do. I was impatient to get going. Plans had been made. I picked up my phone. “ChatGPT. Write me a memoir in the style of an excitable ...The Guardian - World -
10-year-old boy confesses to fatally shooting a man in his sleep 2 years ago, Texas authorities say
Authorities in Texas say a 10-year-old boy has confessed to an unsolved 2022 killing, telling investigators that he shot a man he did not know while the victim sleptABC News - Top stories -
Japan’s inflation marks two years above BOJ’s target as meeting looms
Japan’s consumer inflation has stayed above the Bank of Japan’s 2% target for two years, government data confirmed Friday, amid speculation over further interest-rate increases.MarketWatch - Business - Japan -
UK car insurance prices fall for first time in two years
Quarter-on-quarter drop provides some relief for households but quotes are up 43% from a year agoFinancial Times - Business - United Kingdom -
London house prices underperformed rest of UK for past 8 years
High costs, post-Covid trends and rising mortgage rates suppressed demandFinancial Times - Business - United Kingdom -
Crew of migrant rescue boat acquitted in Italy after seven-year ordeal
Case of the Iuventa became a symbol of what activists say are growing attempts to criminalise refugee aid workers. Europe live – latest updatesJudges in Sicily have acquitted all crew members of an NGO rescue boat who had been accused of aiding ...The Guardian - World -
How Canadian Gun Smugglers Pulled Off the Biggest Gold Heist in Years
A man driving a truck pulled up at Toronto’s airport with fake documents and drove off with $14.5 million in gold bars.The Wall Street Journal - World -
Pep: Palmer asked to leave Man City for 2 years
Cole Palmer tried to leave Manchester City "for two seasons" before joining Chelsea, according to Pep Guardiola.ESPN - Sports -
After 70 Years, Si Lewen’s Wrenching ‘Parade’ Marches On
This sequence of 63 bravura antiwar drawings hasn’t been shown in New York in nearly seven decades but they’re up again now, thanks to Art Spiegelman.The New York Times - Top stories -
Dominican prosecutors arrest soldier accused of raping a 14-year-old
Dominican authorities have ordered the arrest of a Dominican soldier accused of raping a 14-year-old Haitian girl while searching for immigrants in the country illegally near the upscale resort town of Punta CanaABC News - World -
Eric Braeden of 'Young and the Restless' nominated for first Daytime Emmy in 20 years
Eric Braeden, the actor whose character was intended to be killed off after a short run, has been central to 'The Young and the Restless' for more than 40 years.Los Angeles Times - Entertainment -
Transfer Talk: Madrid to wait until next year to sign Davies
Real Madrid will look to sign Bayern Munich's Alphonso Davies next year when he is a free agent. Transfer Talk has the latest.ESPN - Sports -
39-year-old left full-time job to grow her side hustle—now she makes $279,000 a year without working 'all the time'
Bernadette Joy started her money coaching business as a side gig, before realizing she could use it to increase her income while spending less time working.CNBC - Business -
CDs vs. high-yield savings accounts: What to consider before the Fed cuts rates
If the Fed decides to cut rates soon, here's how it could affect your savings.CBS News - Top stories - Federal Reserve -
Fed’s Goolsbee says progress on inflation has stalled, makes sense to wait on interest rates
Chicago Fed president “hopeful” we will get improvement on inflation.MarketWatch - Business - Federal Reserve -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business