Finance

Musk Blasts Apple for OpenAI Integration

(Bloomberg) — Keir Starmer’s Labour Party plans to provide mortgage guarantees to first-time buyers in a bid to help young Britons get onto the housing ladder if it wins next month’s general election. Most Read from Bloomberg Under Labour’s proposals, the state will act as a guarantor for prospective owners unable to save for a large deposit, making permanent an …

If you’re looking for a bank account to protect your money from market fluctuations while also earning a competitive return, a certificate of deposit (CD) could be the best option. However, CD interest rates can vary quite a bit. Read on for a snapshot of CD rates today and where to find the best offers. Where are the best CD …

US equities account for half of hefty global ETF flows in May

Mortgage rates are up across the board — the average 15-year fixed rate is back up over 6%. and the 30-year fixed rate is inching closer to 7%. This is set to be a big week for mortgage rates. Tomorrow, the U.S. Bureau of Labor Statistics releases the May Consumer Price Index report. CPI is a key way of measuring …

street view of high income single-family home neighborhood As baby boomers increasingly seek to age in place in their own homes — a scenario supported by both the preferences of older homeowners and the realities brought on by elevated mortgage rates — this is clashing with the desires of millennials who wish to enter the housing market, as the combination …

San Francisco-based Pacaso, a tech-centric real estate marketplace, released a report Monday unveiling the top U.S. metro areas that are embracing new development and “creating a more diverse and plentiful supply of homes.“ The report delves into the “Yes in My Backyard“ (YIMBY) movement, which involves numerous strategies to improve housing supply and lower the cost of living for homeowners …

US stock futures drifted lower on Tuesday, setting the stage for a retreat from record highs as investors waited for the start of a Federal Reserve meeting that should signpost the path of interest rates. Futures on the S&P 500 () and the tech-heavy Nasdaq 100 () both fell roughly 0.3% on the heels of notching all-time closing highs. Dow …

Yext’s (NYSE:YEXT) Q1 Earnings Results: Revenue In Line With Expectations But Stock Drops 13.9% Online reputation and search platform Yext (NYSE:YEXT) reported results in line with analysts’ expectations in Q1 CY2024, with revenue down 3.5% year on year to $95.99 million. The company expects next quarter’s revenue to be around $98.2 million, in line with analysts’ estimates. It made a …

Stock splits often create excitement and buzz among investors, but not all splits are alike. Some stock splits point to fantastic long-term growth stories and great investment opportunities, while others may be overvalued speculation stories that ultimately lead to disappointments. On that note, the June 2024 stock split calendar includes two household names, and I recommend buying one but not …