Mortgage applications fall as rates rise to the highest level in 16 years
Wed, Oct 12th 2022 at 11:47 am
Mortgage applications fell 2% in the latest week, the Mortgage Bankers Association said.The average rate for a 30-year mortgage is 6.81%.
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Why multigenerational housing figures into Mansfield's future
Wed, Oct 12th 2022 at 11:14 am
What started as a train town 35 miles southwest of Dallas is now a hub for population growth. Mansfield has doubled ...
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Here's who'll drive the next home-buying boom in Dallas-Fort Worth
Wed, Oct 12th 2022 at 11:14 am
Carolina Falcn bought a newly renovated, two-bedroom home with original hardwood flooring last year with her husband in Oak Cliff, ...
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Oil could plunge to just $60 a barrel if there's a deep recession next year, RBC says
Wed, Oct 12th 2022 at 11:05 am
Crude prices could plunge if inflation proves sticky or the Federal Reserve makes a policy mistake, the bank said.
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IMF chief economist: 'Worst is yet to come' for global economy
Wed, Oct 12th 2022 at 11:02 am
In short, the worst is yet to come, and for many people 2023 will feel like a recession, IMF Chief Economist ...
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Demand for riskier home loans is high as interest rates soar
Wed, Oct 12th 2022 at 11:00 am
Mortgage demand dropped again last week as rates climbed higher, but one type of loan is seeing more interest.
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Intel Stock Edges Higher On Report of Big Job Cuts Amid PC Demand Slump
Wed, Oct 12th 2022 at 10:51 am
Intel could unveil thousands of job cuts when it publishes third quarter earnings later this month, Bloomberg reported.
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Apple stock doesn't scare this analyst despite global slowdown
Wed, Oct 12th 2022 at 10:16 am
Apple stock has shed about 22% year to date, under-performing the Dow Jones Industrial Average's 19.5% decline. The pressure on Apple's stock ...
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PepsiCo Stock Jumps As Frito-Lay Powers Q3 Earnings Beat, Profit Forecast Boost
Wed, Oct 12th 2022 at 10:13 am
Big gains from Frito-Lay continued to power PepsiCo's bottom line over the third quarter, thanks in part to price increases ...
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The stock market's 'nightmare' chart is already a reality: Morning Brief
Wed, Oct 12th 2022 at 10:00 am
One of the most interesting bits of analysis that gets passed around is a chart tucked into Bank of Americas ...
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Zaporizhzhia nuclear power plant loses external power
Wed, Oct 12th 2022 at 9:58 am
The Zaporizhzhia nuclear power plant lost all external power and was running on diesel generators, United Nations' nuclear watchdog said, ...
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Ukraine's biggest nuclear plant is hit by another worrisome external power outage
Wed, Oct 12th 2022 at 9:57 am
For the second time in five days, Europe's biggest nuclear plant has lost all external power, which is needed to ...
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Biden escalates feud with Saudi Arabia, warning of 'consequences' for cutting oil production in coordination with Russia
Wed, Oct 12th 2022 at 9:52 am
The White House said the OPEC+ decision to cut production targets, which will increase oil prices, shows Saudi Arabia is ...
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Poland investigates leak in key pipeline carrying crude oil from Russia to Europe
Wed, Oct 12th 2022 at 9:07 am
Polish operator PERN found a breach on Tuesday in the Druzhba pipeline that carries crude oil from Russia to Germany.
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U.S. stock futures firm after Nasdaq hits 2-year low and traders await inflation data
Wed, Oct 12th 2022 at 8:58 am
chronic concerns about the Fed continuing to hike interest rates, as it battles to crush inflation, had pushed stock benchmarks ...
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The Rich Ignore World's Woes to Splurge on Dior, Porsche, Rolex
Wed, Oct 12th 2022 at 8:53 am
The leap in sales reported by LVMH, the owner of Louis Vuitton and Christian Dior, suggests that at least one ...
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Leak detected in Polish pipeline that ferries crude oil to Germany
Wed, Oct 12th 2022 at 8:27 am
The operator, PERN, said it detected a leak in the Druzhba pipeline, which originates in Russia, on Tuesday evening about 70 ...
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Zaporizhzhia nuclear plant loses external power, says head of UN watchdog
Wed, Oct 12th 2022 at 8:22 am
International Atomic Energy Agency Director-General Rafael Grossi said agency monitors at the Zaporizhzhia Nuclear Power Plant reported the interruption and ...
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African gas becomes a focus for EU countries trying to replace Russia supply
Wed, Oct 12th 2022 at 8:17 am
Still, Gordon Birrell, an executive for project co-developer BP, says the development could not be more timely as Europe seeks ...
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Joe Biden Warns of 'Consequences' for Saudi Arabia After OPEC Oil Cut
Wed, Oct 12th 2022 at 8:07 am
Some Democrats want U.S. troops to leave the country after an OPEC+ decision to cut oil production, with Sen. ...
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