Tag: Breaking News: Business
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Weekly mortgage demand drops as rates remain stuck in a narrow range
Mortgage rates barely moved last week and haven’t moved much in more than a month. That is resulting in lackluster mortgage demand.
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Netflix, Disney and YouTube interested in FIFA World Cup U.S. rights, package could reach $2 billion
FIFA has alerted media companies that English- and Spanish-language U.S. rights are likely to be sold together for 2030 and 2034, likely driving up the price.
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Stellantis to sell small Fiat Topolino EV for $13,995 in U.S.
While the Topolino resembles a small car such as the Fiat 500, the EV is actually a quadricycle that functions more like a golf cart.
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Rivian stock falls 10% as company sells 75 million shares to raise capital
The capital raise occurred during extended hours trading following Rivian shares increasing 8.1% on Monday after increasing 19.2% last week.
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Far more real estate agents now report seeing a balanced market, CNBC Housing Market Survey finds
Agents who reported at least one price cut to active listings dropped dramatically from prior surveys.
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Why oil investors fear the next toll fight could be the Strait of Malacca
The prospect of fees to transit the Strait of Hormuz has sparked alarm, not least by investors who fear it could be replicated in other maritime corridors.
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India fashion retailer Trent tumbles 11% as revenue growth disappoints
Shares of one of India’s biggest fashion retailers, Trent, fell over 10% after the company reported weak earnings growth.
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Jim Cramer says these are the 5 stocks to buy during this market rotation
CNBC’s Jim Cramer said investors should use the latest market rotation as an opportunity to buy high-quality companies.
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Toyota to invest $3.6 billion to move Tacoma pickup truck production from Mexico to Texas
Toyota said it is investing $3.6 billion to move production of the Tacoma midsize pickup truck from Mexico to its San Antonio manufacturing campus in Texas.
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Versant agrees to buy golf simulator company Full Swing for $530 million
The deal for Full Swing will expand Versant’s nontraditional media assets in an effort to diversify revenue from cable television.
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