SELECT LANGUAGE BELOW

Mortgage rates rise, hitting demand

Kudrow panelists Steve Forbes, David Bahnsen and Jackie DeAngelis shed light on the state of the U.S. economy as we head into the new year. Overall demand fell this week as mortgage rates rose and more Americans were hesitant to refinance. Freddie Mac's latest Primary Mortgage Market Study, released Thursday, found that the average benchmark […]

Home sales rise most since March — but market on pace for worst year since 1995

U.S. existing home sales rose at the fastest pace since March in November, as homebuyers were helped by a wider choice of properties on the market, even as mortgage rates nearly rose. Existing home sales rose 4.8% last month from October to a seasonally adjusted annual rate of 4.15 million units, the National Association of […]

Rise of ‘seat squatters’ on flights prompts etiquette debate: Expert weighs in

As the travel term “seat grabber” spreads across the internet, some passengers may find themselves in a predicament when faced with a passenger stealing their seat. One traveler shared a recent experience on Reddit's r/delta forum under the title, “The rise of the 'seat squatters.'” Users claimed to have witnessed three different seat squatting incidents […]

Biden sinks to all-time low, while Trump’s numbers rise, in new national poll

With one month left in his term, President Biden's approval rating has hit a record low. A Marquette Law School national poll conducted Dec. 2-11 and released Wednesday showed Biden with a 34% approval rating and a 66% disapproval rating. That's down 4 points from October, and Biden's approval rating in the Marquette Law School […]

European stocks rise; Renault up 6% after reports of Nissan-Honda merger talks – CNBC

Economists predict market instability in 2025 Sylvain Breuer, chief EMEA economist at S&P Global Ratings, said in a note to clients on Wednesday that investors should prepare for a challenging trading environment next year. “We expect European economies and markets to be subject to high volatility over the next 12 months, between a possible correction […]

Chances of Fed rate cut rise despite inflation ticking higher

Anthony Pompliano, CEO and founder of Professional Capital Management, breaks down the latest developments in whether to buy Bitcoin, the debanking debate, and the shooting death of UnitedHealthcare CEO. Inflation rose slightly in November, but that hasn't dampened market expectations that the Federal Reserve will cut interest rates at its policymakers meeting next week. The […]

Drug 100 Times More Potent Than Fentanyl on the Rise

Federal health officials are warning of a drug even more deadly than fentanyl, which has caused numerous deaths. The Centers for Disease Control and Prevention (CDC) warned Thursday that a modified version of fentanyl, known as carfentanil, is believed to be 100 times more potent than the drug fentanyl that is entering the U.S.'s southern […]

European markets trade higher as new trading week get underway; luxury, mining stocks rise on China stimulus hopes – CNBC

European markets rose on Monday as a new trading week began as investors weighed geopolitical turmoil. In London, the pan-European Stoxx 600 index was trading up about 0.27% by 1:40 p.m., with major regional stock exchanges and sectors trading mixedly. Elsewhere, Hong Kong and China's leaders vowed “more aggressive” fiscal spending and “moderate” monetary easing […]