The home price correction’s latest shift, as told by 6 housing market charts
[ad_1] An updated analysis of Zillow Home Value Index data by Fortune (see chart below), finds that 38% of the nation’s 200 largest housing markets saw a month-over-month home price decline…
Consumer inflation may have cooled in February but only slightly
[ad_1] Shoppers look at items displayed at a grocery store in Washington, D.C., on Feb. 15, 2023. Stefani Reynolds | AFP | Getty Images Consumer inflation may…
US sues Rite Aid for missing opioid red flags By Reuters
[ad_1] © Reuters. By Jonathan Stempel WASHINGTON (Reuters) – The U.S. government on Monday sued Rite Aid (NYSE:) Corp, accusing the pharmacy chain of missing “red flags”…
Venture capitalists weigh SVB salvage operation
[ad_1] Venture capital firms are working on a long-shot plan to preserve parts of Silicon Valley Bank so it can keep serving clients in the technology sector,…
Homeowners who held onto a 3% mortgage rate are becoming ‘accidental landlords’
[ad_1] The era of lower-than-ever mortgage rates is long gone, and it’s been replaced with rates hovering around 7%. But homeowners who locked in lower rates before…
Regulators may still try to find a buyer for Silicon Valley Bank, source says
[ad_1] Customers wait in line outside of a Silicon Valley Bank branch in Wellesley, Massachusetts, US, on Monday, March 13, 2023. Sophie Park | Bloomberg | Getty…
IMF staff approves fourth review of Argentina’s $44 billion loan program By Reuters
[ad_1] © Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo in Washington, United States, September 4, 2018. REUTERS/Yuri Gripas NEW YORK (Reuters) – The International Monetary…
BBC strikes deal with Gary Lineker to put him back on air
[ad_1] The BBC defused a crisis over its sports coverage on Monday after it agreed to put presenter Gary Lineker back on air, but insiders at the…
XPO Logistics CFO Carl Anderson on the shipping giant’s road ahead
[ad_1] The road ahead for XPO is an excursion the trucking company is only beginning to travel. On the first day of November 2022, XPO completed its…
Stocks making the biggest moves midday: First Republic Bank, Moderna, Newmont, Illumina and more
[ad_1] People are seen inside the First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. REUTERS/Mike Segar Mike Segar…
Germany imposes moratorium on German SVB branch By Reuters
[ad_1] © Reuters. Destroyed SVB (Silicon Valley Bank) logo is seen in this illustration taken March 13, 2023. REUTERS/Dado Ruvic/Illustration FRANKFURT (Reuters) – Germany’s financial regulator BaFin…
How the Fed’s rescue package for banks differs from 2008 bailouts
[ad_1] Within three days, the Federal Deposit Insurance Corporation and state regulators in California and New York took control of Silicon Valley Bank and Signature Bank and…