America’s homebuilders are growing more bullish as buyer demand picks up, driven in part by slightly lower mortgage rates. Homebuilder confidence in the market for newly built single-family homes in February rose 7 points to 42, according to the National Association of Home Builders/Wells Fargo Housing Market Index. This is the highest reading since September
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In this article TSLA TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla, Inc. electric vehicle charges at supercharger location in Hawthorne, California, on August 9, 2022. Patrick T. Fallon | AFP | Getty Images The Biden administration wants to see at least 500,000 electric vehicle chargers on US roads by 2030, and announced a
Barclays Bank building Chris Ratcliffe | Bloomberg | Getty Images LONDON — Barclays on Wednesday reported a full-year net profit of £5.023 billion ($6.07 billion) for 2022, beating consensus expectations of £4.95 billion but suffering a 19% fall from the previous year’s restated £6.2 billion in part due to a costly trading blunder in the
In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, Goldman Sachs, at Marcus event Goldman Sachs has dropped plans to develop a Goldman-branded credit card for retail customers, another casualty of the firm’s strategic pivot, CNBC has learned. Not long ago, CEO David Solomon told analysts that the bank was developing its
Talking about money with your romantic partner or spouse can be tough — especially when you don’t understand or know much about how they think about money. A new survey finds that 64% of couples admit to being “financially incompatible” with their partners, with different philosophies about spending, saving, and investing their money. Unfortunately, this
The Indian government announced during the annual budget on Feb. 1 that the country will increase infrastructure spending by 33% to 10 trillion rupees ($122.29 billion) in the next fiscal year. Bloomberg | Bloomberg | Getty Images Indian markets have been volatile as the Adani crisis continues to dominate headlines, but analysts say this could
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Key Findings The federal tax code remains a major source of frustration and controversy for Americans, and a hindrance to economic growth and opportunity. Other countries, such as Estonia, have proven that sufficient tax revenue can be collected in a less frustrating and more efficient way. This report provides an analysis of the key features
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT A Boeing 737 MAX 10 airliner pauses while taxiing on the flight line before its first flight at Renton Municipal Airport on June 18, 2021 in Renton, Washington. Stephen Brashear | Getty Images Boeing‘s aircraft orders and deliveries slipped in January from a month earlier.
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Shares of Airbnb rose about 9% in extended trading Tuesday after the company released fourth-quarter earnings that beat analysts’ estimates on top and bottom lines. Here’s how the company did: EPS: 48 cents vs.
Wuhan’s GDP grew by 4% in 2022, better than the country overall. Pictured here on Jan. 20, 2023, is the city’s skyline along the Yangtze River. Hector Retamal | Afp | Getty Images BEIJING — China’s economic recovery is off to a modest start. Migrant workers have mostly returned to work after China’s biggest holiday
When I travel, I like to try to experience a city in a local way. So when I stayed in Downtown Vegas — more traditional and less flashy than “The Strip” — I went to yoga classes and coffee shops in residential areas. And when I went to Kerala, India, I chose a homestay in
Bill Oxford | E+ | Getty Images Tax season is underway, and the IRS has issued nearly 8 million refunds worth about $15.7 billion as of Feb. 3, the agency reported. The average refund amount was $1,963, down from last year’s average payment of $2,201 at the same point in the filing season. Of course,
U.S. Senate Minority Leader Mitch McConnell of Kentucky at the U.S. Capitol Building on Feb. 13, 2023. Anna Moneymaker | Getty Images News | Getty Images Dozens of Republican members of Congress have filed briefs with the U.S. Supreme Court, arguing that the Biden administration’s student loan forgiveness plan should be ruled unlawful. “Congress authorized
Former U.S. President Donald Trump speaks during a rally ahead of the midterm elections, in Miami, Florida, U.S., November 6, 2022. Marco Bello | Reuters A New York appeals court panel on Tuesday upheld a $110,000 fine on former President Donald Trump that a judge imposed last spring after he was found in contempt for
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In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – Ford Motor has paused production and shipments of its electric F-150 Lightning pickup due to a potential battery
In this article QSR-CA Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. A federal lawsuit has been filed and is seeking class-action status alleging that fast food burger chain Burger King is misleading customers with imagery that portrays