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Finance
The ‘housing market appears to be stuck,’ as mortgage rates stay over 7%
Mortgage rates remain over 7% as the U.S. economy continues to show signs of strength. The 30-year fixed-rate mortgage averaged 7.12% as of Sept. 7, according to…
Ukraine rips Elon Musk for disrupting sneak attack on Russian fleet with Starlink cutoff
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte…
What pause? Student loan payments are already pouring in before October start — here’s the catch
There’s signs some people aren’t waiting to receive a federal student loan bill in October to start paying down their debt. Yet after a more than three-year pause…
Walmart cuts starting pay for new hires who prepare online orders, stock shelves
A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March,…
Opinion: How to stop text and email scammers from stealing your money
You’ve likely received a text message from an unknown sender who claims to have been texting someone else, but communicates with you after you respond. Others start…
Covid is surging again—you may want to mask up in these 3 scenarios, says infectious diseases doctor
While a new subvariant is causing increasing hospitalizations across the country and we await the updated Covid-19 vaccines, now may be a good time to put your mask back on,…
New York City Airbnb hosts cancel guests due to new short-term rental laws, leaving them high and dry
New rules curbing short-term rentals went into effect this week in New York City. But the stricter laws have left some travelers scrambling due to last-minute…
These are Wall Street’s favorite energy stocks as oil rallies
Oil prices reached their highest level in nearly a year earlier this week. For investors looking to play this trend, here are some energy stocks with the greatest long-term upside…
This Club pharmaceuticals name is set to soar in 2024
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. Stocks under pressure Watch Eli…
U.S. mortgage demand drops to the lowest level in 27 years, despite drop in rates
The numbers: Mortgage rates fell over the latest week, but demand for mortgages fell to multidecade lows as U.S. home buyers stayed put. Demand for mortgages fell…