A house for sale in Arlington, Virginia, in July of 2023. Saul Loeb | AFP | Getty Images The average rate on the 30-year fixed mortgage rose to the highest level since 2000 last week, but rates on adjustable-rate mortgages fell. That caused a run on these so-called ARMs, pushing total mortgage application volume very
Taylor Swift performs onstage for the opening night of her The Eras Tour at State Farm Stadium in Glendale, Arizona, on March 17, 2023. Kevin Winter | Getty Images Take us to church, Taylor. Starting Friday, Taylor Swift’s The Eras Tour film arrives in theaters, and with it comes a certain expectation of exuberance from
A woman waits on her bicycle to cross an intersection outside a new shopping mall in Beijing, China, on Sept. 13, 2023. Kevin Frayer | Getty Images News | Getty Images BEIJING — China’s consumer spending still isn’t growing as fast as it did before the pandemic, analysts said. Retail sales for the Sept. 29
Beyoncé has long been on my list of must-see artists. When tickets for her Renaissance tour went on sale in London — where I live — I immediately tried, but failed to get seats for one of her May shows. When she added three June dates at the city’s Tottenham Hotspur Stadium, I made another
Kaiser Permanente employees, joined by Union members representing the workers, walk the picket line in Los Angeles on Oct. 4, 2023. Frederic J. Brown | AFP | Getty Images As 2023 proves to be a massive year for worker strikes, the push to provide people on the picket line with unemployment benefits is also heating
Sonoma State University Courtesy: Sonoma State University To help make college a reality, Sonoma State University is trying a relatively new approach: High school students who have completed the requisite coursework and have a minimum 2.5 high school GPA are now “guaranteed admission” to the Rohnert Park, California-based school. “We really wanted to provide a more
In this article Follow your favorite stocksCREATE FREE ACCOUNT Birkenstock models stand in a retail store of the shoe manufacturer. The company plans to go public in New York. Sebastian Christoph Gollnow | Picture Alliance | Getty Images Birkenstock, the longtime German shoe brand known for its comfy and durable styles, is expected to price
In this article HASI SQ TFC RIVN PEP SKX LHX PLTR Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian walks past a display of Skechers shoes. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Skechers — The shoe company gained 2.6% after UBS reiterated its buy
Mbbirdy | E+ | Getty Images The population of the super wealthy, or those worth $100 million or more, doubled over the past 20 years as asset prices soared around the world, according to a new report. There are now 28,420 so-called centi-millionaires worldwide, up 12% over last year and more than twice the number
DjelicS | Getty If you filed a tax extension for more time on your 2022 return, the deadline is fast approaching. The federal tax extension deadline on Oct. 16 is the last chance to avoid a late filing penalty, according to the IRS. However, some filers in disaster areas may have additional time. “The best
Luis Alvarez | Digitalvision | Getty Images Some lawmakers and regulators are calling for interest rate caps and lower fees on credit cards as debt levels march higher. Total credit card debt topped $1 trillion in the second quarter of 2023 for the first time ever. The average interest rate for all cardholders jumped to
Daymond John attends the 2023 Vanity Fair Oscar Party Hosted By Radhika Jones at Wallis Annenberg Center for the Performing Arts in Beverly Hills, California, on March 12, 2023. Leon Bennett | Filmmagic | Getty Images “Shark Tank” star Daymond John is looking to give Black business owners a boost for the fourth year running.
New homes under construction in Miami, Florida, Sept. 22, 2023. Joe Raedle | Getty Images Top real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry suffers through surging housing costs and a “historic shortage” of available homes for sale. In a letter Monday addressed to
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019. Adam Jeffery | CNBC A proxy battle between Nelson Peltz and Disney is brewing for the second time this year. Peltz’s activist firm, Trian Fund Management, has increased its
In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Scene from the upcoming film: The Exorcist: Believer. Universal Studios “The Exorcist: Believer” possessed the box office during its opening weekend, but industry experts wonder if it will continue to turn heads in the weeks to come. The Universal and Blumhouse collaboration, the first of
Writers Guild of America East members walk a picket line at the Paramount+ Summit outside the Paramount Building in Times Square in New York City on May 17, 2023 Alexi Rosenfeld | Getty Images Entertainment | Getty Images The Writers Guild of America has officially ratified its new three-year contract with Hollywood studios. The guild
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Lana Payne speaks to delegates after being elected as president of UNIFOR, Canada’s largest private sector union, at the Metro Toronto Convention Centre on Aug. 10, 2022. Richard Lautens | Toronto Star | Getty Images DETROIT — Labor strikes are now an international issue for
In this article PEP Follow your favorite stocksCREATE FREE ACCOUNT Pepsi products at a convenience store in Crockett, California, June 16, 2023. David Paul Morris | Bloomberg | Getty Images PepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations and raised its outlook for its full-year earnings. Shares of the company rose 2% in
The USS Truxtun (DDG-103) destroyer sits in dry dock at the General Dynamics Corp. NASSCO shipyard facility on the Elizabeth River in Norfolk, Virginia, on Jan. 9, 2018. Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Spotify — Shares of the music streaming service company fell 2.5%
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill Simon warns consumers are starting to buckle for the first time in a decade. He’s blaming a list of headwinds weighing on consumers including inflation, higher interest rates, federal budget