A newly sold home is shown in Houston, Texas. Brandon Bell | Getty Images It could be more listings on the market, or perhaps just fear that interest rates will move even higher, but homebuyers are showing more demand for mortgages. They are, however, turning even more to adjustable-rate mortgages (ARMs), which offer lower rates. […]
The Senate confirmed economist Cook to serve on the Federal Reserve’s board of governors, making her the first Black woman to do so in the institution’s 108-year history. Ken Cedeno/Pool Photo via AP hide caption toggle caption Ken Cedeno/Pool Photo via AP The Senate confirmed economist Cook to serve on the Federal Reserve’s board of […]
SAN ANTONIO — Ford Motor’s new F-150 Lightning is an electric pickup truck. That may seem obvious given it looks like a truck and has electric motors and a battery pack instead of an engine, but it needs to be said. why? Because a successful battery-powered pickup is a critical step in the EV transition, […]
This image, from 2019, is of a refurbished Scout. The brand was originally built by International Harvester between 1961 and 1980. Future Publishing | Future Publishing | Getty Images Volkswagen is planning to resurrect the iconic “Scout” brand as an electric vehicle in the United States. In a report late Tuesday, the Wall Street Journal […]
Former DC Democratic Party Chairman Scott Bolden and Gianno Caldwell, Fox News political analyst, weigh in after Biden’s speech on America’s inflation problem. Has inflation peaked? That’s the question at the top of most economists’ minds ahead of the newest inflation data out this week, which is widely expected to show that consumer prices moderated […]
LONDON — European stocks advanced on Wednesday morning as investors looked ahead to the latest inflation reading. The pan-European Stoxx 600 added 1.2% by mid-morning. Autos jumped 2.9% to lead gains as all sectors traded in positive territory except health care, which fell 0.9%. The positive morning in Europe came after choppy trading sessions in […]
Coinbase halted trading service in India because of “informal pressure” from the Reserve Bank of India, the crypto exchange’s chief executive said on Tuesday, addressing the notable Indian episode for the first time in a month. The Nasdaq-listed firm launched its eponymous crypto trading service in India to much fanfare on April 7. The app […]
LONDON — European stocks advanced on Wednesday morning as investors looked ahead to the latest inflation reading. The pan-European Stoxx 600 added 1.2% by mid-morning. Autos jumped 2.9% to lead gains as all sectors traded in positive territory except health care, which fell 0.9%. The positive morning in Europe came after choppy trading sessions in […]
2/2 ©Reuters. A currency dealer works at a dealing room of a bank in Seoul, South Korea, August 25, 2015. REUTERS/Kim Hong-Ji 2/2 By Danilo Masoni and Alun John MILAN/HONG KONG (Reuters) – European shares extended their bounce on Wednesday and bond yields held below recent peaks ahead of inflation data in the United States […]
Residents of Wilmington, Delaware said they are budgeting more, traveling less, and using mobile apps to combat high gas prices. Residents of Delaware, President Biden’s home state, sounded off on the pain they’re feeling at the pump. “President Biden, he’s the cause of this,” Jamar, of Wilmington, told Fox News. “What the influence of gas […]