Mortgage rates stagnate, hobbling affordability as spring buying season looms: Freddie Mac
Mortgage rates are not rising fast enough to alleviate affordability issues. (iStock) According to Freddie Mac, mortgage rates are stable in the mid-six range and show little sign of falling. The average interest rate on a 30-year fixed-rate mortgage for the week ending February 8 was 6.64%, according to Freddie Mac’s latest research. Primary mortgage […]
Supreme Court justices weren’t buying what the lawyer arguing for Trump’s removal from Colorado ballot was selling
The U.S. Supreme Court heard nearly two hours of arguments Thursday in an effort by six Colorado voters to deny their fellow voters the chance to vote for the top Republican candidate in the 2024 election. Jason Murray, a Denver attorney representing six voters, struggled to make his case to disqualify former President Donald Trump, […]
Republicans unveil effort barring China, Russia from buying US land
First appearance on Fox: House Republicans have announced a bill that would ban Chinese, Russian, North Korean, and Iranian nationals from purchasing public or private real estate in the United States. The American Land and Property Protection Act, introduced by Rep. Mark Alford, R-Missouri and co-sponsored by seven House Republicans, would protect nonresidents, corporations, agents, […]
Pro-Palestinian protestors arrested at Pennsylvania capitol, call on state to stop buying Israeli bonds
Pennsylvania State Police on Monday arrested more than 120 people protesting the state’s investment in Israeli bonds in the Capitol Rotunda in Harrisburg on suspicion of genocide committed by Israeli leaders. The Capitol Police falls under the Department of General Services, but the department said it was still collecting details such as the number of […]
7 Target workers reportedly fired after buying special Stanley cups
Target Corp. has reportedly fired seven employees who bought specialty Stanley Quencher cups. Business Insider reported The fired Target employees said they bought the Starbucks x Stanley Cup, which the company launched to much fanfare earlier this month, and were fired shortly afterward. The limited edition cup is priced at $49.95 and was released on […]
United Airlines talks with Boeing competitor Airbus about possibility of buying more jets: Report
The former CEO of American Airlines believes Boeing can improve its poor safety culture and regain trust. United Airlines has reportedly discussed the possibility of purchasing additional aircraft with Airbus to address potential gaps caused by delays in Boeing’s 737 Max 10 aircraft. United Airlines CEO Scott Kirby has discussed buying additional A321neo jets from […]
China vs. India? Where one Asia investment manager is buying in a world of uncertainty – CNBC
Shin Yao Ng of Abdon, a Singapore-based Asian equity investment manager, said China looks relatively attractive because Indian stocks are soaring. “I want you to look at the fundamentals: China has a lot of value,” he said in an interview Friday. “But we don't know how long we'll have to wait.” Until China's economy recovers, […]
Gold price up on safe-haven buying as Mid-East tensions rise – Kitco NEWS
(Kitco News) – Gold prices rose and silver prices edged higher in early U.S. trading on Thursday. Demand for safe havens is in the spotlight for the yellow metal as risk aversion increases later this week following escalating military action in the Middle East. February gold was last up $10.40 to $2,016.90. The March silver […]
China's Sudden Stock Rally Points to ETF Buying by State Funds – Yahoo Finance
(Bloomberg) — Chinese stock benchmarks rallied in afternoon trading, with volume surging in some major exchange-traded funds (ETFs), prompting speculation that buying by state-run funds could be behind the reversal. is increasing. Most Read Articles on Bloomberg The Huatai Pine Bridge CSI 300 ETF's trading value soared to 15.3 billion yuan ($2.1 billion) on Thursday, […]
Estimated $1.1B flees GBTC in 3 days as ARK begins buying own Bitcoin ETF – Cointelegraph
Grayscale's Spot Bitcoin (BTC) Exchange Traded Fund (ETF)'s discount rate narrowed to its lowest level in nearly three years, causing investors to rush out of the fund over the past three days. The transaction took an estimated $1.1 billion out of the fund. There was an estimated outflow of $594 million on the third day […]