Economy Mar 06 Mortgage rates have eased. Here’s why it could still be tough for many to afford a home The same factors that have pulled mortgage rates to their lowest level since December — signs that the U.S. economy is slowing and uncertainty over the potential fallout from the Trump administration's tariffs on imports — are clouding the outlook…
Economy Mar 04 Stocks fall as trade war between U.S. and key partners escalate, wiping out S&P 500 post-election gains The benchmark index fell 1.2% and the Dow Jones Industrial Average shed 670 points, or 1.6%, The Nasdaq slipped 0.4% despite a rebound in big tech stocks such as Nvidia.
Economy Jan 24 2024 U.S. home sales fell to the lowest level in nearly 30 years as prices and mortgages soared The National Association of Realtors said Friday that existing U.S. home sales totaled 4.06 million last year, a 0.7% decline from 2023.
Politics Dec 04 Cryptocurrency advocate Paul Atkins is Trump’s nominee to chair the Securities and Exchange Commission President-elect Donald Trump says he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission.
Politics Sep 05 Hunter Biden pleads guilty to misdemeanor and felony charges in federal tax case “Enough is enough,” defense attorney Abbe Lowell told the judge before Hunter Biden entered his plea. “Mr. Biden is prepared, because of the public and private interest, to proceed today and finish this.”…
Politics Aug 20 FTC effort to ban noncompete agreements for employees rejected by federal judge in Texas In a ruling Tuesday, U.S. District Judge Ada Brown granted a motion for summary judgement filed by the U.S. Chamber of Commerce and other plaintiffs, and rejected the FTC's own petition for a judgement in its favor.
Economy Jul 24 Weak profit reports from big tech companies send stocks tumbling on Wall Street A wipeout on Wednesday sent U.S. stock indexes to their worst losses since 2022 after profit reports from Tesla and Alphabet helped suck momentum from Wall Street’s frenzy around artificial-intelligence technology.
Nation Jul 23 June home sales fell to slowest pace since December amid high mortgage rates, home prices Home sales fell again, but housing prices climbed for the 12th month in a row.
Economy Jun 21 U.S. home sales fall again amid rising mortgage rates and record-high prices Despite the pullback in sales, home prices climbed compared with a year earlier for the 11th month in a row.
Politics Feb 22 Wall Street sees a solid 2024 ahead for homebuilders, though mortgage rates remain a wildcard Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders — as long as mortgage rates don't jump back to the highs they hit late last year.