Articles

Confidence in U.S. housing market reaches highest level since March 2022

Americans are optimistic that mortgage rates will fall over the next 12 months, a Fannie Mae survey says.

‘I’m dipping into my Roth IRA’: I’ve been unemployed for 5 months. I used to earn $10,000 a month. Do I sell my house?

“I’m a single mom living in Phoenix. My son is a senior and will be going to college next year.”

Roblox earnings bring a big bookings milestone, sending the stock rocketing

Roblox shares tend to swing big after earnings, and Wednesday’s results could bring a continuation of that trend.

New York Community Bank says deposits have grown and liquidity is ‘ample,’ in wake credit rating downgrade

New York Community Bancorp Inc. moved to try to reassure investors Wednesday, by saying total deposits have increased in the last several weeks and that it had “ample” liquidity.

CVS’s stock gains as profit beat offset lowered outlook on higher medical costs

The healthcare-services and drugstore chain beat fourth-quarter profit expectations by a wide margin, but lowered its full-year outlook because of “elevated medical cost trends.”

Athens International Airport shares surge following Greece’s most successful IPO in decades

Shares in the airport were up 14% on their first day of trading following the transport hub’s public float

Oil prices edge higher as traders weigh U.S. supply data

Oil futures edge higher early Wednesday.

U.K. housebuilders agree $3.2 billion merger amid signs of recovery in property market

Britain’s biggest homebuilder Barratt Developments agreed on Wednesday to purchase rival Redrow for £2.52 billion ($3.18 billion) as signs emerged of a recovery in the U.K. housing market.

Don’t count on a soft landing for the U.S. — or the global economy

Developments in China, Europe, and the United States portend big challenges ahead.

Mortgage demand inches up, despite 30-year mortgage rate reaching towards 7%

Mortgage applications rose 3.7% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.8%.

Social Security’s longevity insurance protects those with uncertain life expectancies

The insurance enhances Social Security’s role of offsetting racial inequality.

Anheuser-Busch InBev stock rises as Trump says Bud Light maker should get second chance

Anheuser-Busch InBev shares saw their best one-day rise in three months on Wednesday after getting an endorsement from former President Donald Trump, who said people should give the brewer a second chance.
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