Mortgage rates tick higher for first time in 9 weeks

Global real estate advisor Jenna Stauffer insisted the American dream of homeownership still exists during an appearance on “Mornings with Maria.” The steady downward trend in mortgage rates came to a halt this week amid weaker demand, with data showing potential buyers are waiting to see if rates return to historical levels. Freddie Mac's latest […]
Stock futures inch higher ahead of jobs report with Wall Street's nine-week winning streak in jeopardy: Live updates – CNBC

2 hours ago Peloton continues to soar after announcing partnership with TikTok Peloton stock rose 6% in after-hours trading as investors continued to cheer the fitness company's new partnership with TikTok. The collaboration includes a new fitness hub on social media apps with content created by Peloton instructors. The move builds on Thursday's nearly 14% […]
The NBA is shifting away from pick-and-rolls, but offensive efficiency is higher than ever

For thousands of years, the combination of horse and bow meant military superiority around the world. The mighty Romans lost battles to much smaller opponents like the Parthians because they had cavalry on one side and no archers on the other. And such technology persisted. The high water mark occurred more than 1,000 years after […]
Mortgages rates tick higher for first time in 9 weeks

Global real estate advisor Jenna Stauffer insisted the American dream of homeownership still exists during an appearance on “Mornings with Maria.” The steady downward trend in mortgage rates came to a halt this week amid weaker demand, with data showing potential buyers are waiting to see if rates return to historical levels. Freddie Mac's latest […]
Walgreens quarterly profit beat helped by higher drug prices, cost cuts

Stephen Wieting, Chief Economist at Citi Global Wealth, joins Making Money to discuss investing in the Great Market Reset. U.S. pharmacy chain Walgreens Boots Alliance on Thursday cut its dividend by almost half in a bid to save more money, even as the company reported a better-than-expected quarterly profit thanks to cost-cutting measures. Rising drug […]
USD/JPY stays underpinned by higher bond yields so far on the week – ForexLive

USD/JPY movements continue to be heavily linked to movements in bond yields, and more specifically US Treasury yields. This is evident in the hourly chart below. USD/JPY vs. US government bond 10-year yield (%) hourly chart The recovery of the 10-year bond yield to near 4% has also led to a rebound in USD/JPY from […]
Republican Rep. Kevin Kiley Says President Gay’s Resignation Signals ‘Moment Of Reckoning’ For Higher Education

California Republican Rep. Kevin Kiley said Tuesday that former Harvard University president Claudine Gay's resignation signals “a time of reckoning in higher education,” adding that “how bad the situation has gotten” on campus. He pointed out whether there were any. Kylie appeared on “The Bottom Line with Dagen & Duffy” and spoke about Gaye's recent […]
Forexlive Americas FX news wrap 2 Jan: The USD and yields move higher. Stock lower. – ForexLive

The year opened with countertrend movements in yields, the US dollar, and stocks. In terms of yields, the US dollar was mostly low compared to major currencies in 2023. The exception was against JPY. NZD and AUD remain almost unchanged over the year. Currently, the US dollar has finished as the strongest of the major […]
Dollar edges higher ahead of key economic data, including payrolls By Investing.com – Investing.com

©Reuters Investing.com – The U.S. dollar edged higher in early European trading on Tuesday ahead of this week's key economic data that could provide clues about the U.S. Federal Reserve's next move. As of 4 a.m. ET (9 a.m. Japan time), the dollar was trading 0.1% higher at 101.125 against a basket of six other […]