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Finance
How a rare type of mortgage is landing homebuyers a 3% rate
As mortgage rates stagnate around 6%, prospective homebuyers are feeling nostalgic for the 3% interest rates of 2020 and 2021. Google search results for the term "assumable…
Bank of America tops estimates on better-than-expected trading revenue
Brian Moynihan, CEO of Bank of AmericaHeidi Gutman | CNBCBank of America topped analyst estimates for third-quarter profit and revenue on better-than-expected trading results.…
Crude oil prices fall more than 4% as looming surplus overshadows Iran-Israel tensions
Crude oil futures fell more than 4% on Tuesday, as a looming global oil surplus next year overshadowed the risk of a supply disruption from the conflict between Israel and Iran.Oil…
Dutch government to reduce its stake in ABN Amro by a quarter
Jasper Juinen | Bloomberg | Getty ImagesThe Dutch government on Tuesday said it will reduce its stake in lender ABN Amro by a quarter to 30% through a trading plan.Shares of the…
Ericsson shares jump 7% on third-quarter beat, growth in North America sales
Cristina Arias | Cover | Getty ImagesShares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth in North…
Asia markets live updates: South Korea trade data
The flag (R) of the Hong Kong Exchanges and Clearing Limited (HKEX) is hoisted next to China's flag (C) in Hong Kong on August 16, 2016.Anthony Wallace | Afp | Getty ImagesChina…
From swimming cars to rectangular steering wheels, here’s what’s going on at the Paris auto show
A Peugeot Inception concept car at the Paris Motor Show on October 14, 2024.Riccardo Milani | Afp | Getty ImagesPARIS, France — Auto giants have descended on the Paris Motor Show…
Goldman Sachs to report third-quarter earnings
David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024.Adam Galici |…
What causes overtourism? It’s not people, it’s government mismanagement
Crowded beaches. Expensive rent. Tourist sites with wall-to-wall people.When it comes to overtourism, don't blame the travelers, said Randy Durband, CEO of the Global Sustainable…
Canada and India expel each other’s diplomats in escalating dispute over a 2023 assassination
Canada and India each expelled six diplomats Monday in tit-for-tat moves as part of an escalating dispute over the June 2023 assassination of a Sikh activist in Canada.Foreign…