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Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
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Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure’ from high home prices
The 30-year mortgage rate is averaging at 7.02% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business -
Oil Falls on Concerns of Higher-for-Longer U.S. Rates
Oil prices declined as some Fed officials remain cautious on the recent easing of inflation, prompting concerns that U.S. interest rates could stay high for longer.The Wall Street Journal - World -
S&P 500 notches fresh peak as U.S. stocks edge higher ahead of Nvidia earnings
U.S. stocks were edging higher on Tuesday, as investor anticipation runs high for upcoming earnings results from Nvidia Corp.MarketWatch - Business -
How to immunize your bond ETF if interest rates turn higher
Tips to hedge a portfolio against interest rate fluctuations.MarketWatch - Business -
Brazil's government hikes 2024 GDP forecast, sees higher inflation, terminal rate
Yahoo News - World - Brazil -
Deutsche Bank raises S&P 500 price target to 5,500
Equity analysts at Deutsche Bank have raised their 2024 S&P 500 target to 5,500, joining a host of other Wall Street strategists who have expressed greater optimism as stocks have come roaring back from last month’s selloff.MarketWatch - Business -
Red Lobster, the largest seafood restaurant chain in the U.S., filed for bankruptcy after failing to recover from dwindling traffic it experienced during the pandemic as menu prices crept higher.
Red Lobster, the largest seafood restaurant chain in the U.S., filed for bankruptcy after failing to recover from dwindling traffic it experienced during the pandemic as menu prices crept higher.The Wall Street Journal - World -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Comex Gold Ends 1.4% Higher at $2412.20
Front Month Comex Gold for May delivery gained 1.4% to $2412.20 — a fresh record highThe Wall Street Journal - World -
Higher education is failing — and our democracy is suffering
Educators must grapple anew with the question of how to teach democracy, so that students master both the theory and the hands-on practice of it.The Hill - Politics
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What's next for Iran's regime and the region after Ebrahim Raisi's sudden death?
The death of Iranian President Ebrahim Raisi poses the question of who will succeed him, as well as the country's supreme leader Ayatollah Ali Khamenei.NBC News - Top stories -
Defense rests in Trump hush money trial without former president's testimony
A lawyer who has clashed with Donald Trump's former fixer Michael Cohen — and whom the judge overseeing the hush money case scolded for disrespectful behavior on the witness stand — will resume his testimony Tuesday as possibly the final witness ...NBC News - Top stories - Donald Trump -
U.S. halted safety inspections of public housing for weeks after IT failure
The U.S. Department of Housing and Urban Development halted its health and safety inspections of public housing for about two weeks because of a technical failure.NBC News - Top stories -
Biden at odds with allies as U.S. and Israel attack ICC over arrest warrants
The United States was at odds with some key allies Tuesday after President Joe Biden denounced the chief prosecutor of the world’s top war crimes court for seeking arrest warrants for Israeli and Hamas leaders.NBC News - Top stories - Joe Biden -
U.S. lawmakers fail to secure release of Americans held in Turks and Caicos for having ammunition
U.S. lawmakers traveled to Turks and Caicos this week to push for the return of five American citizens detained on ammunition possession charges, but failed to facilitate their release.NBC News - Top stories