Investors withdrew billions of dollars from equity funds at a record pace in the days after the Federal Reserve, the Bank of England and European Central bank raised interest rates Read more
Tag: Largest
U.K. housing market stalling as buying demand records largest drop in over 20 years
Demand for U.K. houses is falling at its fastest paces since the pandemic began in early 2020 as “buyer caution” from soaring mortgage rates further weakens the property market, according Read more
Weber stock jumps 25% after largest shareholder makes acquisition offer for grill maker
Weber Inc.’s stock climbed more than 24% in after-hours trading Monday, mirroring an offer from its largest shareholder to buy the grill maker’s remaining shares for $6.25 apiece. The offer Read more
Porsche shares edge higher in Germany’s largest IPO in decades
Shares in luxury vehicle maker Porsche edged higher in its first day of trade on Thursday, after pricing at the top end of the range. Porsche P911, preference shares, which Read more
Porsche shares edge higher in Germany’s largest IPO in decades
Shares in luxury vehicle maker Porsche edged higher in its first day of trade on Thursday, after pricing at the top end of the range. Porsche P911, preference shares, which Read more
Home values fell in August, the largest monthly decline since 2011. Some cities see house prices drop by 3%.
Home values are edging down as buyers remain spooked by high mortgage rates, according to a new report. The typical value of a home in the U.S. fell 0.3% in Read more
Opinion: I was CEO of one of the largest U.S. mortgage lenders: This move would lower the cost of buying a home.
It’s a difficult time to shop for a new home. The cost of a 30-year fixed-rate mortgage has declined recently but is still hovering around 5% — almost double the Read more
Grocery prices in July had largest price increase since 1979 — with one food staple rising by 38% on the year
The rise in the cost of living cooled in July, but not for grocery prices. The price of food at home rose 1.3% from June to July, marking a 13.1% Read more
Grocery prices in July had largest price increase since 1979 — with one food staple rising by 38% on the year
The rise in the cost of living cooled in July, but not for grocery prices. The price of food at home rose 1.3% from June to July, marking a 13.1% Read more
The current $1 billion Mega Millions jackpot is fourth largest in U.S. history
The Mega Millions jackpot has now climbed to $1.02 billion. But is that the biggest prize in U.S. lottery history? Not quite, according to the lottery consortiums and the Associated Read more