Average long-term US mortgage rate rises to 6.57% this week, highest level since mid March
The average long-term U.S. mortgage rate rose this week to its highest level since mid March, driving up borrowing costs for prospective homebuyers facing a housing market that’s constrained by a dearth of homes for sale
2023-05-26 00:18
Twitter's launch of DeSantis' presidential bid underscores platform's rightward shift under Musk
While shaky and skewered by critics, Twitter’s forum for Florida Gov. Ron DeSantis to announce his presidential run nevertheless underscored the platform’s unmistakable shift to the right under new owner Elon Musk
2023-05-25 23:54
Best Buy posts mixed 1Q results but gadget slump will bottom out as shoppers replace their devices.
Best Buy turned in a first-quarter profit that beat Wall Street expectations, while the nation’s largest consumer electronics chain continued to wrestle with weak consumer demand for gadgets
2023-05-25 23:52
Supreme Court limits federal power over wetlands, boosts property rights over clean water
The Supreme Court has made it harder for the federal government to police water pollution
2023-05-25 22:45
One of Britain's Only Female Bank Bosses Is Stepping Down
Starling Bank founder Anne Boden is stepping aside as chief executive officer, saying the move is to avoid
2023-05-25 22:28
Office landlords squeezed by falling occupancy rates, refinancing difficulties. Here's why
The failure of several large lenders earlier this year and the banking turmoil that followed have fueled worries for owners of office space
2023-05-25 22:23
Trial date set for Steve Bannon's fundraising fraud case
A New York state judge has set a trial date for Steve Bannon's fundraising fraud case for May of next year.
2023-05-25 22:22
Companies are finding it's not so simple to leave Russia. Others are quietly staying put
When Russia invaded Ukraine, companies were quick to respond, some announcing they would get out of Russia immediately
2023-05-25 21:23
McCarthy Says Issues Remain in Debt Talks, All Won’t Be Happy
Speaker Kevin McCarthy said issues remain in negotiations with the Biden administration on raising the federal debt limit
2023-05-25 21:18
US economic growth for last quarter is revised up to a still-tepid 1.3% annual rate
The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday, a slight upgrade from its initial estimate
2023-05-25 20:57
Ramaphosa Rules Out South Africa Abandoning Neutral Stance on War in Ukraine
South Africa’s president insisted his country won’t be drawn into taking sides in the conflict between Russia and
2023-05-25 20:50
Best Buy reports declines in 1Q profits and sales as gadget spending remains weak
Best Buy reported declines in fiscal first-quarter sales and profits as the nation’s largest consumer electronics chain continues to wrestle with a consumer spending slowdown in gadgets
2023-05-25 20:50