Nation Jul 27 Mortgage company owned by Warren Buffett discriminated against Black and Latino homebuyers, DOJ says A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett discriminated against potential Black and Latino homebuyers in Philadelphia, New Jersey and Delaware, the Department of Justice said Wednesday.
Economy Jul 21 High mortgage rates, prices discourage buyers and chill housing market Sales of previously occupied homes have fallen for five straight months, during what is generally the busiest time of year in real estate.
Politics Jul 21 WATCH: Senate panel explores skyrocketing housing prices The Senate Banking Committee explored the state of housing in the United States in a hearing Thursday, as rising mortgage rates, low inventory and high home and rental prices squeeze consumers.
Economy Jun 13 Bitcoin prices plunge as major crypto lender halts operations The price of bitcoin and other cryptocurrencies are falling Monday, after the major crypto lender Celsius halted all withdrawals citing "extreme market conditions."…
Economy Jun 07 Cryptocurrency meltdown is wake-up call for many, including Congress Meltdowns in the cryptocurrency space are common, but the latest one has served as a vivid reminder that investors, both professionals and rookies, can be rolling the dice when putting money into digital assets.
World May 24 U.S. to end Russia’s ability to pay off international debt The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.
Economy May 13 Wild week in crypto ends as Bitcoin and stablecoin tumble It's been a wild week in crypto, even by crypto standards. Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value.
World May 01 After sanctions, investors prepare for Russia to default Investors remain largely convinced that Russia will eventually default on its debts for the first time since 1917. The major ratings agencies Standard & Poor’s and Moody’s have declared Russia is in “selective default” on its obligations.
World Apr 23 How sanctions are affecting the Russian economy As the West moved to cut off Russia’s access to its foreign reserves, limit imports of key technologies and take other restrictive actions, the Kremlin launched some drastic measures to protect the economy.
World Mar 31 As ruble rebounds, some question impact of sanctions against Russia The Russian ruble has bounced back to almost its full value since before the West imposed economic sanctions on Russia over its invasion of Ukraine.