Stocks fell slightly after jobless claims numbers and ahead of remarks from Fed Chair Jerome Powell.
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Demand for mortgages was down last week, even though rates inched lower for potential homebuyers.
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Volkswagen U.S. CEO Pablo Di Si Highlights Upcoming EV Line-up
German carmaker Volkswagen said it plans to introduce 25 new electric vehicle models through 2030. As that roll out begins in earnest, Pablo Di Si, president and CEO of Volkswagen Group of America, provided Cheddar News with a breakdown of what consumers can expect from the line-up.
Cheddar Afternoon News Briefings of April 5th
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WSJ: Apartment Sales Plunge 74 Percent in First Quarter of 2023
The market for rental apartment buildings is tumbling at its fastest-rate since 2009 in the wake of the Great Financial Crisis, according to a Washington Post report.
