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1 min read

COVID-19 cases doubled faster in Mumbai last week, says BMC

On Saturday, the rate of doubling became faster at 83 days and the average growth rate of COVID-…

PTI   


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1 min read

High mortgage rates will keep hurting homebuyers for years to come

Prospective homebuyers and homeowners in need of refinancing are feeling the most pressure from swe…

Phil Rosen   


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2 mins read

Chick-fil-A has the slowest drive-thrus, a study shows – but only because it's so popular that there's always cars waiting in line

It takes eight-and-a-half minutes on average to go through the drive-thru at Chick-fil-A, with an a…

Grace Dean   


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2 mins read

Mortgage rates hit their highest levels since the peak of the 2000s housing bubble as the Fed's war on inflation escalates

The average rate on a 30-year fixed-rate mortgage rose to 6.75% from 6.52% last week, the Mortgage …

Alcynna Lloyd,Ben Winck   


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2 mins read

Mortgage rates leap above 6% for the first time in 14 years, further slamming home affordability as construction slows

The average rate on a 30-year mortgage has more than doubled in the last year, meaning buyers have …

Ben Winck,Alcynna Lloyd   


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Mortgage demand falls to its lowest level in 2 decades as rates hit a 16-year high of 6.75%

In another sign of slowing in the housing market, overall mortgage application activity has fallen …

Carla Mozée   


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4 mins read

The US is experiencing its slowest population growth in a century, and it could remake congressional districts in key states

And as Insider reported in August, Trump not only carried Texas by a smaller margin than Mitt Romne…

Grace Panetta   


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2 mins read

Manhattan home sales plunge to the slowest pace since 2009 as buyers fight for bigger discounts

The new tax law caps the deduction for state and local property taxes at $10,000. Also, homeowners …

Akin Oyedele   


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2 mins read

Cut in corporate tax rate was needed to spur investments, boost growth: CEA Subramanian

New Delhi, Nov 29 () Chief Economic Adviser K V Subramanian on Friday said the cut in corporate tax…

PTI   


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6 mins read

China's pivot to a 3-child policy won't make a dent in its declining birth rate because the country's young couples don't want kids

The country launched a new three-child policy to address its declining birth rate, but couples rema…

Cheryl Teh   


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2 mins read

TRULIA: House Asking Prices Just Rose At Their Slowest Pace In 11 Months

This suggests prices are still increasing, but at a slightly slower pace. Note: These asking pri…

Calculated Risk   


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2 mins read

China's luxury market has been in a slump, and we're about to find out how bad it really is

Bellwether LVMH reports third-quarter revenue on Tuesday, which could indicate how the rest of the …

Lian Kit Wee   


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2 mins read

Stock market today: Stocks climb after inflation drops to 3-year low, solidifying Fed bets

Investors are pricing in with certainty that a rate cut is coming in September, per the CME FedWatc…

Jennifer Sor   


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2 mins read

One of Gen Z's favorite apps just had a very strong quarter

Duolingo just posted a strong quarter, making it the company's fifth straight profitable one.

Shubhangi Goel   


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3 mins read

American workers are stuck in place because everyone is too afraid of a recession to quit

American workers aren't so quick to quit their jobs anymore - largely because they're afraid of a c…

Jennifer Sor   


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2 mins read

Dow jumps 300 points as US stocks rise ahead of important June inflation reading

Big gainers on the day included Activision Blizzard, which saw its stock pop after a judge cleared …

Max Adams   


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3 mins read

The resilient job market is finally showing signs of cooling off

Insider's Phil Rosen breaks down the latest labor market data that suggest the Fed's rate hikes may…

Phil Rosen   


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2 mins read

If you're considering buying or selling a home, you might want to wait until next year

Both homebuyers and sellers are losing their power in the US real estate market as mortgage rates s…

Alcynna Lloyd   


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3 mins read

Alcynna Lloyd