Author: News Room

New construction homes are becoming more popular, mainly due to the low inventory of existing homes. The National Association of Home Builders/Wells Fargo Housing Market Index — which measures the market conditions of new home sales — rose by three points to 51 in March. This is the highest it’s been since July. This rise in the index signals a greater desire for new construction among current homebuyers.”The solid level of single-family production in February tracks closely with rising builder sentiment, and with mortgage rates expected to moderate further this year, this will provide an added boost for single-family building,”…

As you move closer to retirement, you’ll want to begin planning for your life in retirement, given the financial resources you’ve accumulated. This requires shifting your mindset, since for many years, your most important retirement decisions may have involved how much to save for retirement and how to invest your savings. Accordingly, the most important decision facing most pre-retirees is when and how to retire. “How to retire” means whether you work part time for a while after you’ve left the full-time workforce. Your decision will influence your finances, your health, and your lifestyle for the rest of your life.…

House Speaker Mike Johnson announced he is sticking with his plan to put a series of foreign aid bills on the floor, including funding for Ukraine, after facing significant pressure from hardliners. CNN’s Manu Raju talks to Rep. Marjorie Taylor Greene (R-GA) about her motion to oust Johnson as speaker. Read the full article here

Germany has written to dozens of countries including Gulf Arab states to plead for more air defence systems for Ukraine, saying Kyiv needed urgent help to protect its cities, troops and critical infrastructure from the “murderous onslaught” of Russian missiles.In a letter to other Nato members, a copy of which was obtained by the Financial Times and confirmed by Ukrainian foreign minister Dmytro Kuleba, German foreign minister Annalena Baerbock and defence minister Boris Pistorius said they were launching a global initiative aimed at plugging the gaps in Ukraine’s air defences.A “wide range of non-Nato partners” had also been approached, they…

América Móvil, S.A.B. de C.V. (NYSE:AMX) Q1 2024 Earnings Conference Call April 17, 2024 11:00 AM ET Company Participants Daniela Lecuona – Head of Investor RelationsDaniel Hajj Aboumrad – CEO & DirectorCarlos Garcia Moreno – CFOOscar von Hauske – COO Conference Call Participants Vitor Tomita – Goldman SachsLeonardo Olmos – UBSJoseph Galone – LightShedFroylan Mendez – JP MorganFred Mendes – Bank of AmericaErnesto Gonzalez – Morgan StanleyAlejandro Azar – GBMGabriela Chaparro – BCP SecuritiesSoomit Datta – New Street Research Operator Good morning. My name is Candice and I will be your conference operator today. At this time I’d like to…

Last updated: April 17, 2024 12:15 EDT | 2 min read Upbit, one of South Korea’s largest cryptocurrency exchanges, has temporarily suspended deposits and withdrawals exceeding 1 million Korean won ($721).This decision, outlined in an official statement released today (April 17), follows modifications to the operations of Ten&Ten, a local VASP facilitating high-value transactions.Upbit Halts High-Value Transactions Following Ten&Ten Service SuspensionEffective immediately, Upbit has announced the suspension of processing deposits and withdrawals exceeding 1 million Korean won. This decision is attributed to the recent suspension of Ten&Ten’s Travel Rule Solution service, a crucial component that enabled Upbit to facilitate high-value crypto…

Investors in Trump Media & Technology Group’s stock are finally, after two days of turmoil, seeing an uptick in their shares. The stock TMTG (DJT) rebounded by more than 12% in early afternoon trading on Wednesday after tumbling precipitously earlier this week. Shares closed more than 14% lower on Tuesday after the company’s premier product, Truth Social, announced a major expansion into streaming, a notoriously cost-intensive business in which media behemoths like Disney have struggled to turn a profit. It also fell 18% on Monday after the company took steps to sell millions of extra shares. The company, which is…

As he faces a mountain of legal woes, former WWE leader Vince McMahon is traveling, eating out and keeping in touch with friends and associates – including former President Donald Trump.McMahon resigned as executive chairman of World Wrestling Entertainment’s parent company almost three months ago after a former employee, Janel Grant, accused him in a bombshell lawsuit of sexual abuse and trafficking. He denied the allegations. McMahon, 78, is also facing a federal criminal investigation, although he hasn’t been charged.NBC News and CNBC talked to 11 people familiar with McMahon and WWE about how he’s been spending his time –…

If there was any doubt before, Federal Reserve Chair Jerome Powell has pretty much cemented the likelihood that there won’t be interest rate reductions anytime soon.Now, Wall Street is wondering if the central bank will cut at all this year.That’s because Powell on Tuesday said there’s been “a lack of further progress” on lowering inflation back to the Fed’s 2% target, meaning “it’s likely to take longer than expected” to get enough confidence to start easing back on policy.”They’ve got the economy right where they want it. They now are just focused on inflation numbers. The question is, what’s the…

One of the most important lessons regarding your finances to understand is to preserve and protect your credit score, as it can affect many directions and decisions throughout your life. “Your credit score is one of the most important numbers in your financial life; it goes a long way toward determining whether or not you’ll be approved for loans and lines of credit, along with the interest rates you’ll pay,” Ted Rossman, senior industry analyst at Bankrate.com told FOX Business.In addition to a credit score being considered to qualify you for mortgages and car loans, Rossman explained that your credit…