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Mortgage rates fall sharply after negative GDP report and Fed’s latest hike

Today News || Just one day after the Federal Reserve raised its benchmark rate, mortgage rates took a sharp turn…

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Inflation and recession fears are squeezing some industries more than others

Today News || A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May…

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Business

Mortgage demand is now roughly half of what it was a year ago, as interest rates move even higher

Today News || Total mortgage application volume was 52.7% lower last week than the same week one year ago, according…

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Home listings suddenly jump as sellers worry they may miss out on the red-hot housing market

Today News || Sharply higher mortgage rates have caused a sudden pullback in home sales, and now sellers are rushing…

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Stocks making the biggest moves midday: General Electric, Warner Bros. Discovery, UPS, 3M and more

Today News || A General Electric (GE) sign is seen at the second China International Import Expo (CIIE) in Shanghai,…

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Business

Stocks making the biggest moves midday: Roku, DraftKings, Shake Shack, Bloomin’ Brands and more

Today News || Check out the companies making headlines in midday trading. Roku — Roku shares were down 22.2% after the…

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