Housing market ‘stagnant but determined’ as mortgage rates surge past 7%, Rocket CEO says
The U.S. economy is still hot, which means that the real-estate industry will face headwinds in the coming months due to higher mortgage rates.
The U.S. economy is still hot, which means that the real-estate industry will face headwinds in the coming months due to higher mortgage rates.
A TikTok user says she has two massive car payments every month: one for her Chevy Tahoe SUV, which she financed for $84,000 at a 10% interest rate, and the other for her husband’s GMC Sierra 1500 AT4 pickup truck, which she financed for $78,000 at 14%.
Neel Kashkari is now the object of scorn on Reddit’s message board.
“I expect inflation to continue its gradual return to 2%, although there will likely be bumps along the way, as we’ve seen in some recent inflation readings,” Williams said Thursday.
New unemployment filings are extremely low
The parent company of Corona and Modelo beers cites nearly 11% net sales growth from its beer business as positive highlight
Zimbabwe’s fledgling new currency has steadily gained since its launch on Monday.
The European Central Bank on Thursday kept rates on hold with the market expecting a reduction at its next meeting in June.
Vertex Pharmaceuticals Inc.’s acquisition of Alpine Immune Sciences Inc. makes strategic sense and will bolster the company’s rare-disease franchise, analysts said Thursday.
CarMax cited economic uncertainty as it extends its long-term sales target of 2 million units a year.
A sharp rise in Treasury yields sinks stocks, but moves below the surface so far aren’t in line with the typical pattern, says a top Wall Street technician.
It’s no surprise that AI got prominent mention in Amazon CEO Andy Jassy’s lengthy annual shareholder letter.
The earthquake that hit Taiwan earlier this month has not caused any permanent damage to Micron’s facilities, infrastructure or tools.
“None of us want to buy the other out.”
Brooks spoke with MarketWatch about the financial advice he’d give to young people who come into big money — and whether he’ll ever buy a Tesla Cybertruck.
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