The housing market is showing early signs of recovery with pending sales of homes climbing for the first time in a year. Pending home sales fell 26% year over year during the four weeks ending January 22 as mortgage rates ticked down. It was the smallest drop in more than three months, according to a
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Lifestylevisuals | E+ | Getty Images It may come as no surprise that among millennials who have intended to buy a house this year, 92% said in a recent survey that inflation has impacted their goal. Yet most of them aren’t letting it serve as a roadblock, according to the survey from Real Estate Witch,
Municipals were steady Thursday in the secondary market while an $830 million deal from the Triborough Bridge and Tunnel Authority took focus in the primary. U.S. Treasuries yields rose after the fourth-quarter gross domestic product report was better than expected and equities ended up. The three-year muni-UST ratio was at 54%, the five-year at 57%,
The US economy logged better than expected growth in the final quarter of 2022, even as the Federal Reserve’s aggressive campaign to raise borrowing costs began to weigh more heavily on business activity. The world’s largest economy expanded 2.9 per cent on an annualised basis between September and December, according to data published by the
Share Tweet By Steve Warren January 25, 2023 A family from Key West, Florida, is thanking God after their son, who was free-diving and spearfishing several miles offshore, was rescued after being caught up in the powerful Gulf Stream current and swept even further out to sea. The Gartenmayer family said they immediately began to
MSG CEO James Dolan On The Record James Dolan, CEO and executive chairman of MSG Entertainment Corp., joined Good Day New York to discuss a variety of topics. NEW YORK – New York's attorney general warned the owner of Madison Square Garden and Radio City Music Hall that it may be violating anti-bias laws with
A small but zippy asteroid will pass close to Earth on Thursday, not to be seen again until 2036. Asteroid 2023 BU is only about 12 to 26.9 feet (3.7 to 8.2 meters) in diameter and was discovered less than a week ago on January 21 by amateur astronomer Gennadiy Borisov. According to The Virtual
House Republicans will reportedly not get the chance to vote on the Fair Tax Act, a bill introduced by Rep. Earl L. Buddy Carter (R-GA) and intended to eliminate the Internal Revenue Service along with all personal and corporate income taxes, the death tax, gift taxes and payroll taxes. What Happened? New House Speaker Kevin
VATICAN CITY (AP) Pope Francis criticized laws that criminalize homosexuality as unjust, saying God loves all his children just as they are and called on Catholic bishops who support the laws to welcome LGBTQ people into the church. Being homosexual isnt a crime, Francis said during an exclusive interview Tuesday with The Associated Press. Francis
Bronx businesses hire security guards due to crime Private security is walking the streets of the Bronx to try to keep businesses safe. NEW YORK – Bronx's storefronts along Fordham Road have an added layer of security thanks to a new grassroots program that began 2 weeks ago. Called Patrol Ambassadors, the 5 member team
BEIJING – Eight people are dead, including six Chinese nationals, after a ship sank in waters off the coast of Japan, a Chinese diplomat and the Japanese coast guard said on Thursday. The Jin Tian sent a distress signal on Tuesday evening from a position around 110km west of the remote and uninhabited Danjo Islands
Sen. Ted Cruz (R-Texas) shared his views on why it was difficult for members of the Republican Partyto have an opposing view with former U.S. President Donald Trumpin an interview at the 2022 Texas Tribune Festival, held in September. What Happened: Trump is a "unique" character, according to Cruz. The Texas Senator recalled being a
Russia launched a rush-hour barrage of missiles towards Ukraine on Thursday, killing at least one person, the day after Kyiv secured Western pledges of dozens of modern battlefield tanks to try to push back the Russian invasion. Moscow reacted with fury to the German and American announcements, and has in the past responded to apparent
Scientists have created a tiny “Terminator 2”-like robot that can melt and resolidify itself on command, enabling it to easily escape from confined spaces. To make the phase-shifting robot, scientists embedded microscopic chunks of magnetic neodymium, boron and iron into liquid gallium (a metal with a low melting point) and left it to solidify. And
close video FOX Business Flash top headlines for January 25 Check out what’s clicking on FoxBusiness.com Traders and investors will get the first look at how the economy finished out the year on Thursday morning. Despite painful inflation, high-interest rates and rising concern that a recession may be months away, the U.S. likely registered decent
18 children hurt in Queens fire 18 children were hurt, one critically, in a fire in Queens on Wednesday afternoon. NEW YORK – 22 people, including more than a dozen children, were injured, one critically, in a fire in Queens on Wednesday afternoon. The fire broke out in the basement of a home on 147th
York County, South Carolina, priced $24.6 million of revenue bonds Wednesday to recoup costs incurred by the county to take over of a private water utility operation. The proceeds will cover a portion of the $36 million price tag York County paid to take over private firm Blue Granite Water’s water utility operations in the
Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has fallen victim to a phishing scam leading to more than $1.1 million worth of his personal NFTs stolen. The NFT creator and PROOF co-founder shared the news with his 1.6 million Twitter followers on Jan. 25, asking them to avoid buying any Squiggles
While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido’s team is seeking community feedback on the proposal that would allow withdrawals after the Shanghai upgrade is completed. Lido Dominates Defi Economy With $7.9
A trader works on the floor of the New York Stock Exchange. Peter Kramer | CNBC NYSE President Lynn Martin and other exchange officials confirmed to CNBC that the root cause of the Big Board’s trading glitch at the Tuesday open was due to a manual error involving the Exchange’s Disaster Recovery configuration. After the 9/11 disaster,