Wall Street took a nosedive Tuesday following the before-the-bell release of hotter-than-expected January consumer inflation data. In response, bonds sold off, pushing the 10-year Treasury yield above 4.30% and equity prices sharply lower. The Dow , the S & P 500 and the Nasdaq were all down more than 1.5%, as the odds of a
A visitor takes pictures in front of a wooden dragon themed sculpture displayed to celebrate the upcoming Lunar New Year inside the flower dome at Gardens by the Bay in Singapore on February 1, 2024. Roslan Rahman | Afp | Getty Images Millions of Chinese around the world are celebrating the Lunar New Year, ringing
Row of townhouses in Alexandria, Virginia Grace Cary | Moment | Getty Images A new, more affordable repayment plan for federal student loan borrowers may come with another advantage: It could make it easier to become a homeowner. The Saving on a Valuable Education, or SAVE plan, can cut borrowers’ monthly payments in half, and
Put ‘em up, pardner! That is, put up the $4.2 million asking price for this nature-inspired desert home in California’s Pioneertown — and live in a real-life community built in a former Western movie set, one that was developed in 1946 by singing cowboy actors Roy Rogers and Gene Autry. This newly built home at
Jodi Jacobson | E+ | Getty Images More than 18 million rental units are located in areas exposed to extreme weather hazards, according to the American Rental Housing Report from Harvard University’s Joint Center for Housing Studies. That exposure isn’t spread evenly. While most states have at least one “high-risk” county with 2,000 or more
DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows over its ongoing property crisis, a top banking CEO said while onstage at Dubai’s World Governments Summit. “China’s biggest problem to me is a lack of confidence. External investors lack confidence in China and domestic
This sprawling luxury condo high above Miami Beach will soon hit the market — and prospective buyers will need some deep pockets to call it their own. This 17th-floor spread in the Apogee South Beach tower is seeking a cool $48 million, a price that puts it in the upper echelon of the city’s real
It would be difficult to feel bored at this dramatic 53-acre estate just outside Vail, Colorado — one that’s about to hit the auction block. It was last part of a 457-acre parcel that was sold for $40 million — after it had asked $78 million in 2019. The sprawling estate will be auctioned live
The fire is out at this beloved Manhattan smoke shop. The Greenwich Village’s historic Village Cigars — a neighborhood institution, recognizable for its red signage and triangular building sandwiched between the Christopher Street 1 station entrances — has, after over a century in business, closed. And in a very New York situation, it appears to
Nothing speeds up romance quite like a desperate housing market and the prospect of saving on rent. As Valentine’s Day approaches, a new report from Realtor.com presents tempting logic for moving in with a significant other — and, should love really be in the air this season, it’s a move that can solidify a future
A stately stone Colonial-style manor in Westchester County, one that was once owned by “The Tonight Show” legend Johnny Carson, has hit the market for the first time in more than 40 years. The home, at 7 Puritan Road in Rye, is asking $5.3 million for its next set of owners. Locally, the property is
D3sign | Stone | Getty Images Extreme weather and climate hazards are becoming more frequent, posing a unique threat not only for homeowners, but for renters. Over 18 million rental units across the U.S. are exposed to climate and weather-related hazards, according to the latest American Rental Housing Report from Harvard University’s Joint Center for
In this article NYCB Follow your favorite stocksCREATE FREE ACCOUNT The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Bing Guan | Bloomberg | Getty Images Embattled lender New York Community Bank disclosed a litany of financial metrics in the past 24 hours in a bid to
Thianchai Sitthikongsak | Moment | Getty Images Mortgage demand is struggling to contend with what appears to be another upswing in interest rates. Homebuyers in particular are pulling back. Total mortgage application volume rose 3.7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. That was all due
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