US 30-year mortgage rate soars to highest since 2000
A "For Rent, For Sale" sign is seen outside of a home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File...
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Wall Street ends down, investors step back after Fitch US rating cut
Fitch cuts US credit rating to AA+Wells Fargo slides on plan to help refill FDIC coffersU.S. private payrolls beat expectations...
Trump group reports big legal expenses, claws money back from super PAC
WASHINGTON, July 31 (Reuters) - Donald Trump's legal entanglements on Monday showed signs they could impact spending on his White House bid, as one of his main political groups reported massive outlays on legal expenses while also clawing back more than $12 million it had transferred to a super PAC supporting Trump's 2024 campaign.Trump's Save America group, which he founded in 2020 following his defeat in that year's presidential election, said in a filing to the Federal Election Commission that it spent more than $21 million on legal expenses during...
Factbox: European companies cut jobs as economy sputters
July 25 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs...
EU countries, lawmakers reach data rule deal targeting Big Tech
BRUSSELS, June 27 (Reuters) - EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech...
S&P 500 ends lower as Microsoft recedes from record high
Microsoft weighs on S&P 500 and NasdaqAdobe climbs after upbeat earnings forecastNasdaq logs longest weekly winning streak since March 2019Indexes...
EU lawmakers approve legislation to make batteries greener
BRUSSELS, June 14 (Reuters) - The EU parliament approved on Wednesday new rules to make batteries more durable, more sustainable,...
Analysis: US hotel developers run out of cash as construction lending dries up
June 5 (Reuters) - Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans' appetite for travel is ripe.Hotel developers, private equity firms, and general contractors told Reuters the financial stress on regional banks -- the largest lenders to hotels and other commercial real estate markets -- has forced developers to postpone projects or find other creative ways to raise capital.The hotel industry's predicament highlights the impact on the broader U.S. economy of the...
California, New York pension funds vote against Toyota chairman
Proxy advisory firms have raised issues about governanceSlow rollout of electric vehicles has attracted criticismCompany says chairman is key to...
New rules to dampen Chinese interest to list in Europe, say bankers
SHANGHAI/SINGAPORE, May 22 (Reuters) - Chinese companies' plans to raise capital via listings in London or Zurich are in jeopardy...
