The RBA rate hike fall out continues as new data shows the typical first home buyer now borrows more than $600,000 to buy. The size of an average first home buyer lifted 8.5% in the December quarter to $607,624 – the first signal of the impact of the 5% Deposit Scheme’s expansion on mortgage sizes. […]
RBA hike hits as the average first mortgage surpasses $600k Read More »
(Image credit: Getty Images) Stocks were mixed Tuesday as market participants took in the latest round of earnings reports and looked ahead to tomorrow morning’s delayed release of the January jobs report. Ahead of this key update on the labor market – and the first Consumer Price Index (CPI) report of the year, due out
Dow Hits New High Ahead of January Jobs Report: Stock Market Today Read More »
For the secretive billionaire Besnier family, the recent recall of potentially dangerous infant formula made by its nearly century-old firm brings an uncomfortable feeling of deja vu. Just eight years ago, the French clan behind Groupe Lactalis, the world’s biggest dairy company, and its chief executive officer — third-generation scion Emmanuel Besnier — faced another
Tainted Baby Milk Hits Billionaire Family’s Powerful Dairy Empire Read More »
(Image credit: Getty Images) Stocks were mixed Tuesday as investors looked ahead to a busy stretch of mega-cap earnings announcements and tomorrow’s policy statement from the Federal Reserve. While the S&P 500 and Nasdaq Composite extended their daily win streaks to five, the Dow Jones Industrial Average finished the session in the red. At the
S&P 500 Hits New High Before Big Tech Earnings, Fed: Stock Market Today Read More »
CEO revenue confidence hits 5-year low – PwC survey
CEO revenue confidence hits 5-year low – PwC survey Read More »
(Image credit: Getty Images) A mixed December jobs report sent stocks higher at the open, and they kept climbing into the close. The gains were enough to keep all three main indexes positive on the week, with the Dow Jones Industrial Average and the S&P 500 ending at new record highs. At the session’s end,
Dow Hits a Record High After December Jobs Report: Stock Market Today Read More »
If you’re planning to visit a U.S. national park this year, be prepared to wait in longer lines and bring documentation proving you’re a U.S. citizen. And if you’re a non-U.S. citizen visiting, bring your patience and $100. The Trump administration announced that, starting January 1, international visitors and other non-U.S. residents ages 16 and
Park Pass Shock: $100 Fee Hits International Visitors to U.S. National Parks Read More »
(Image credit: Getty Images) All three main U.S. equity indexes opened in the green but struggled to hold gains during a mixed trading session on Wednesday. Still, the Dow Jones Industrial Average and the S&P 500 set new all-time intraday highs before slipping into the red, and the Nasdaq Composite is rising on breadth expansion
Dow Hits New High Then Falls 466 Points: Stock Market Today Read More »
In arguably its biggest decision of the year, the Maui County Council recently voted to phase out roughly 7,000 vacation rentals over the next five years to make room for sorely needed longterm housing for residents. The 5-3 decision on Bill 9 was coupled with the intention of quickly moving forward with a second bill
Thousands of Maui Vacation Rentals in Limbo After Council Hits Gridlock Read More »
A train derailment in southern Mexico that killed 13 and injured dozens more is presenting President Claudia Sheinbaum with a fresh test to hold her government accountable. The Sunday accident hit a major rail line that was revamped and operated by the Navy under a government initiative to boost cargo and passenger transit. Both were
Deadly Train Derailment in Mexico Hits Priority Rail Project Read More »