If you ask a roomful of people what TikTok is, you’re bound to get a pretty wide array of answers. Is it a hub for teens to show off their Read more
Tag: Markets
Intel CEO says U.S. crackdown on chip exports to China was ‘inevitable’
LAGUNA BEACH, Calif. — Intel Corp. INTC, +0.78% Chief Executive Pat Gelsinger said that recently imposed U.S. restrictions on semiconductor-industry exports to China were inevitable as America seeks to maintain technological leadership Read more
‘No more Santa Sunak.’ New U.K. prime minister faces a battle to keep markets calm, say analysts.
U.K. bond markets rallied on Monday as former Chancellor of the Exchequer Rishi Sunak was handed the keys to Downing Street, but analysts cautioned that even under a government expected to Read more
Republicans have 2-in-3 chance of winning Senate in midterm elections, betting markets say
The Republican Party’s prospects in November’s midterm elections are continuing to climb this month, with betting market PredictIt now giving the GOP about a 2-in-3 chance for taking control of Read more
Meta stock downgraded at Bank of America amid concerns about Reels and the metaverse
Shares of Meta Platforms Inc. were falling in premarket action Monday after a Bank of America analyst threw in the towel on his bullish call. Bank of America’s Justin Post Read more
France to Pay Part of Companies’ Electricity Bills
By Joshua Kirby The French government will cover a part of companies’ electricity bills, with big energy firms asked to contribute to the cost, a minister told TV station BFM Read more
Mortgage bankers expect rates to drop to 5.4% in 2023. What will home prices do?
NASHVILLE, Tenn. — High mortgage rates and recession fears are hurting home prices, so expect growth to be flat this year, one expert says. “Our forecast is for home-price growth Read more
Mortgage rates expected to fall as industry group predicts recession next year
NASHVILLE — A mortgage industry group is expecting a recession to hit the U.S. economy. “We’re forecasting a recession for next year,” Mike Fratantoni, senior vice president and chief economist Read more
Mortgage rates expected to fall as industry group predicts recession next year
NASHVILLE — A mortgage industry group is expecting a recession to hit the U.S. economy. “We’re forecasting a recession for next year,” Mike Fratantoni, senior vice president and chief economist Read more
The one-time ‘pandemic boom markets’ where home price appreciation has ground to a halt
The pandemic housing boom is officially over. Home price appreciation has stalled, with markets in the West leading the nation in declines, according to a new report. “Pandemic Boom Markets Read more