Hovnanian Enterprises 2q Profit Drops Amid Increasing Mortgage Rates
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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 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 -
The struggle to choose the right mortgage
As interest rates stay higher for longer, those looking to refinance face some difficult choicesFinancial Times - Business -
Stock Futures Slip After Israel Strikes Iran
U.S. stock futures pointed to renewed losses while Asian and European markets declined after Israel’s attack in Iran.The Wall Street Journal - World - Iran -
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 -
Treasury yields drop in muted flight to quality after Israel retaliation
U.S. bond yields fell on Friday in a modest flight to quality in choppy trading after Israel retaliated against Iran for its attack last weekend, but didn’t strike nuclear facilities.MarketWatch - Business - Israel -
Bitcoin price drops below $60,000 before rebounding ahead of halving
Bitcoin rose above $64,000 on Friday after dropping below the $60,000 mark as the cryptocurrency continues to see volatility ahead of the upcoming halving.CNBC - Business - Crypto -
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 -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales
Nissan Motor cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than previously expected due to heightened competition.The Wall Street Journal - World -
Amex sees 7% boost in card spending as profit crushes estimates
American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period.MarketWatch - Business -
Schlumberger posts profit gain for first quarter as revenue tops estimates
International revenue rose 18% to offset softness in North America, says CEO.MarketWatch - Business -
Taylor Swift's New Album Just Dropped. Here's the Brilliantly Simple Trick She Used to Guarantee Success
Short version: Never ever let the story end.Inc. - Business -
Israel carries out strike on Iran and Taylor Swift drops secret double album: Morning Rundown
Israel carries out retaliatory strike on Iran. Taylor Swift drops secret double album. Jury selection continues in Trump's hush money trial. 911 outage raises questions.NBC News - Top stories - Iran -
Iran crisis risks easing pressure on Israel over Gaza, diplomats warn
Humanitarian situation in Palestinian enclave remains dire, says EU’s top diplomatFinancial Times - World - Iran -
Starmer calls for police investigation into Tory MP Mark Menzies
Politician accused of using thousands of pounds given by donors for medical bills and personal expensesFinancial Times - World -
Turkey Earthquake Trial Opens Amid Anger and Tears
More than 300 people were killed when temblors toppled an upscale residential complex. Survivors hope a court will punish the men who built it.The New York Times - World - Turkey -
What to know about nuclear fusion amid congressional push
A bipartisan group of lawmakers has introduced a bill supporting the development of nuclear fusion power. Hank Jenkins-Smith, professor of public policy at the University of Oklahoma, joins CBS News to discuss.CBS News - Top stories -
Doctors call to expand syphilis testing during pregnancy amid recent surge
A coalition of doctors are sounding the alarm on the need for increased syphilis testing for pregnant individuals, amid a recent surge of the sexually transmitted infection in U.S. newborns. The American College of Obstetricians and Gynecologists ...The Hill - Politics -
Israel's Attack on Iran Appears Fairly Limited, Easing Pressure on Oil Markets
Israel’s missile strikes against Iran overnight seem fairly limited, pointing to a de-escalation of conflict that is expected to diminish the oil market’s geopolitical risk premium in the short term, according to DNB Markets.The Wall Street Journal - World - Iran -
UK will not ‘turn on’ post-Brexit checks of EU goods for fear of border delays
Industry groups say lack of clarity leaves businesses unsure how to manage new rules due to start on April 30Financial Times - Business - United Kingdom -
Israel Strikes Iran in Narrow Attack Amid Escalation Fears
Tehran lifts restrictions on Iran’s airspace after canceling flights amid reports of explosions.The Wall Street Journal - World - Iran -
Senate advances spy powers bill amid huge surveillance fight
Politico - Politics -
Iranian state TV says 'loud sound' heard in Isfahan province as flights divert around area amid tensions with Israel
Iranian state TV says 'loud sound' heard in Isfahan province as flights divert around area amid tensions with IsraelABC News - World - Iran -
Iran grounds commercial aircraft across wide swath of the country as air defense systems fire amid reported explosions
Iran grounds commercial aircraft across wide swath of the country as air defense systems fire amid reported explosionsABC News - World - Iran -
Biden campaigns with Kennedy family amid fears RFK Jr. could threaten campaign
President Biden held a campaign event with 15 members of the Kennedy family Thursday, as they threw their support behind Mr. Biden instead of their own relative, Robert F. Kennedy, Jr. His family's public endorsement of Mr. Biden signals how ...CBS News - Politics - Joe Biden -
Israel retaliated against Iran's massive drone and missile attack on its territory, a move that threatens to send the countries deeper into an escalatory spiral that could lead to war.
Israel retaliated against Iran’s massive drone and missile attack on its territory, a move that threatens to send the countries deeper into an escalatory spiral that could lead to war.The Wall Street Journal - World