Weekly mortgage demand remains stalled, as interest rates stay stubbornly high
Mortgage rates didn’t move much last week, and for the second week in a row, neither did mortgage demand.
Iowa-LSU draws 12.3 million viewers, most in women’s college basketball history
Superstar Caitlin Clark dropped 41 points Monday to lead the Hawkeyes to the Final Four vs. UConn.
Intel shares fall after company reveals $7 billion operating loss in foundry business
Intel said that its foundry business recorded an operating loss of $7 billion in 2023 on sales of $18.9 billion.
Fed officials still expects rate cuts this year, but not anytime soon
The central bank official noted progress made on inflation while the economy has continued to grow.
Here’s what upgrading to a nicer home could cost you, and why it’s locking up the market
The average homeowner with a near record-low mortgage rate would see their monthly payment shoot up 132% in order to move up to a 25% more expensive home.
As California wildfire season nears, startup BurnBot is working on a high-tech approach to prevention
BurnBot raised $20 million as it works toward developing technology that can help prevent wildfires.
Steve Eisman says the Fed shouldn’t cut rates, risks creating a stock market bubble if it does
Eisman said the central bank would be better off just staying put as the economy shows continuing signs of strength and inflation eases.
Tesla shares fall after deliveries drop 8.5% from a year ago
Tesla just reported first-quarter vehicle production and deliveries for 2024.
U.S. crude oil cracks $85 to hit highest level since October as geopolitical tensions mount
Oil prices on Tuesday rose to their highest level since October as investors closely monitored fresh supply threats.
Disney’s cinematic drought may have opened a door for activist investor Peltz
Other than “Avatar: The Way of Water,” Disney has not had a movie generate more than $1 billion since the last Star Wars movies in 2019.
