With a death and a defection, Republican control of the House falls to 217 seats over 212 Democrats
With the death of Rep. Donald Payne (D-NJ) and the resignation of Rep. Mike Gallagher (R-WI), just 429 members fill the 435 seats in the House of Representatives as of Wednesday. Republicans control a razor-thin majority of 217 seats, with Democrats in control of 212 seats. In California, the open seat of former Speaker Kevin […]
Mortgage demand falls again as interest rates soar past 7%
Amy Nixon, housing and macroeconomics analyst at DFW, said that if rates are cut for an extended period of time, they will need to keep rates high to “make money.” Important measures home purchase Applications fell again last week as mortgage rates rose to a five-month high. Mortgage Bankers Association (MBA) Index Applying for a […]
Grocery price rises in Great Britain slow as cost of toilet rolls, butter and milk falls | Supermarkets
UK food price inflation slowed to 3.2%, the lowest level since November 2021, as prices for toilet paper, butter and milk fell and people spent more on store promotions. The decline in the four weeks to April 14 marks the 14th consecutive month of declines and compares with the annualized rate of 4.5% at this […]
Financial markets nervous amid Middle East tensions; oil price falls – business live | Business
Introduction: Markets are nervous amid concerns about tensions in the Middle East good morning. Welcome to our regular coverage of business, financial markets and the global economy. Financial markets are in a nervous mood this morning as investors worry about escalating tensions in the Middle East following Iran’s military attack on Israel last weekend. Many […]
Caitlin Clark goes No. 1, Angel Reese falls
Number 22 is about to become number 1. Caitlin Clark, the Iowa superstar who set three collegiate scoring records and made women’s basketball one of the most-watched television shows in America in recent weeks, was selected with the first pick in the WNBA Draft on Monday night. (7:30 p.m., ESPN). “I would like to personally […]
Bitcoin Falls 8%, Drops Below $62K Before Rebound – CoinDesk
Bitcoin (Bitcoin) And on Saturday, the entire cryptocurrency market fell by nearly 10%, with the price of the largest digital asset briefly falling below $62,000, but recovering to around $64,000 at press time. That wasn’t all. Other major digital assets, including Ethereum, have experienced similar declines in the past 24 hours. (Ethereum)BNB fell 7% to […]
California engineering student falls to his death from a 120-foot waterfall while hiking through Big Sur
A 21-year-old student reportedly fell to his death from a 120-foot waterfall while hiking along California’s Big Sur. daily mail. The student was studying mechanical engineering at Cal Poly San Luis Obispo. Kenneth Taylor, a rising wildlife photographer, was found dead at the bottom of Salm Creek Falls around 7:45pm on Saturday evening. It is […]
US consumer sentiment falls more than expected as inflation fears rise
MacroMavens President Stephanie Pomboy discusses the economy, the impact of inflation on consumers, and her expectations for fourth quarter GDP. U.S. consumer sentiment and Americans’ economic outlook both fell more than expected in April as inflation expectations rose. The University of Michigan Consumer Confidence Index released Friday was 77.9, down from 79.4 in March. Economists’ […]
Masters: Phil Mickelson reveals “unique” Bryson DeChambeau approach as Lefty falls flat
It’s no secret that Bryson DeChambeau has a different style. He analyzes the game differently, uses the same length for all his irons, and often uses complex formulas to navigate the golf course. Known as “The Scientist,” DeChambeau’s mannerisms have made him a polarizing figure, but six-time major champion Phil Mickelson has long admired his […]
Dow falls 400 points as hot inflation data hurt chance of June rate cut
Wednesday’s better-than-expected inflation numbers poured cold water on investors’ hopes that the Federal Reserve would start cutting interest rates as early as June, sending markets plummeting. All three major stock indexes fell sharply at the opening bell after the Labor Department announced that the consumer price index for March was 3.5%. This came on the […]