Mortgage demand reached its lowest level in about 30 years, as high borrowing costs kept potential buyers away.
Share:
More In Business
From the Picket Line: Writers Say Streaming Giants Need to Pay Up
On Tuesday, the Writer’s Guild of America (WGA) kicked off its first strike in 16 years. Cheddar News' field reporter Ashley Mastronardi spoke with some of those picketing writers who said streaming giants need to catch up with the times and offer a higher wage and a bigger cut of residuals.
Stock Market Today: Markets Slip After Latest Fed Rate Hike
Stocks closed lower on Wall Street after the Federal Reserve announced its latest hike to interest rates and hinted that the end to them may be near.
Airbnb Will Push Rooms as Low-Cost Option to House Rentals
Airbnb is making a renewed push into renting single rooms in a nod to its beginnings and a realization that renting an entire house is too expensive for many travelers, especially younger ones.
Ford Posts $1.76B 1Q Profit Largely on Gas-Powered Vehicles
Ford Motor Co. made $1.76 billion last quarter, swinging into the black from a $3.1 billion net loss for the same period a year ago.
Rising Turmoil Is Making Fed's Rate Decisions More Perilous
Poised to raise interest rates Wednesday for a 10th time, Federal Reserve officials are facing two competing economic trends that could make their future rate decisions more difficult and treacherous.
Morning Alexa Flash Briefings of May 3rd
Morning Alexa Flash Briefings
Cheddar Morning News Briefings of May 3rd
Cheddar Morning News Briefings
Kit Kat Cereal Hitting U.S. Grocery Store Shelves
General Mills is releasing a cereal based on the Kit Kat candy brand in U.S. stores, following a successful launch in Europe.
The Day Ahead: Fed Rate Hike, Etsy Earnings & April Private Payroll Update
The Day Ahead: Fed Rate Hike, Etsy Earnings & April Private Payroll Update
