Existing home sales fell 2.4% in June to a seasonally adjusted annual rate of 4.09 million units, according to the National Association of Realtors (NAR). While sales dipped amid high …
Breaking News: Business
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Mortgage Rates Hold Steady as Demand Stagnates: What Homebuyers Need to Know Mortgage rates remained at 6.58% for 30-year fixed-rate loans, according to the Mortgage Bankers Association (MBA), while applications …
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Business
Netflix, Disney and YouTube interested in FIFA World Cup U.S. rights; package could reach $2 billion
FIFA has signaled to media organizations that it intends to bundle English- and Spanish-language U.S. broadcasting rights for the 2030 and 2034 World Cups, a move expected to significantly increase …
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Rivian Automotive Inc. (NASDAQ: RIVN) announced a public offering of 75 million shares of its Class A common stock, a move that triggered a more than 15% decline in its …
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The U.S. housing market is shifting toward a more balanced state as seller expectations align with current demand, according to data from the CNBC Housing Market Survey. In the second …
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Toyota Motor is investing $3.6 billion to move production of the Tacoma midsize pickup truck from Tijuana, Mexico, to its manufacturing campus in San Antonio, Texas. According to the automaker, …
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Versant Acquires Golf Simulator Maker Full Swing for $530 Million Versant has agreed to acquire golf simulation company Full Swing from the private equity firm Bruin Capital for approximately $530 …
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Jersey Mike’s Heads for the New York Stock Exchange Jersey Mike’s has officially filed for an initial public offering with the U.S. Securities and Exchange Commission. The sandwich chain plans …
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U.S. mortgage application volume remained essentially flat for the week ending October 25, 2024, as elevated interest rates continue to constrain borrower activity. According to the Mortgage Bankers Association (MBA), …
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Temperatures are climbing toward 105 degrees Fahrenheit across the central and eastern United States, straining power grids and disrupting travel plans as the Independence Day weekend arrives. The National Weather …