Articles

"I want to buy my first home soon to avoid being completely priced out of homes, as prices keep going up."

Mortgage applications rose 10.4% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.75%.

U.S. oil production is back in record territory with far fewer drilling rigs than at the previous peak.

China pushed out disappointing growth numbers, which may not help Apple and Tesla as they fight for market share in the country.

Oil futures lose ground early Wednesday.

“They simply can’t afford to move out, and I can’t afford to keep paying for two households.”

Looking at retirement backward and forward

London's FTSE 100 led declines in European bourses on Wednesday as interest rate-sensitive stocks such as housebuilders, real estate and utilities felt the force of a surprise uptick in U.K. inflation.

Tesla cut the prices of its Model Y in Germany, just a week after cutting prices in China, according to a report.

Government bond yields were trading near their highest of the year after U.K. inflation picked up speed and central bank officials continued to try and damp rate-cut optimism

Americans bought almost 1.2 million EVs last year, more than most observers had predicted. Tesla continued to dominate the EV market.

Kevin Rudd told the World Economic Forum he believes Chinese consumer demand has the potential to drive long term growth