These are the headlines you Need 2 Know for Wednesday, March 18, 2020:
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Where Can First-Timers Buy a Home This Year?
Clare Trapasso, the executive news editor at Realtor.com, joined Cheddar News to discuss the current housing market for first-time homebuyers.
Alarm Sounds as US Could Hit Debt Ceiling on Thursday
Treasury Secretary Janet Yellen warned that the U.S. will reach its $31.4 trillion borrowing cap on Thursday.
UN Head Says 'Big Oil Peddled the Big Lie' on Climate Change
UN Secretary-General António Guterres on Wednesday called out ExxonMobil for withholding highly accurate predictions about the impact of climate change.
Afternoon Alexa Flash Briefings of January 18th
Alexa Flash Briefings
U.S. Mortgage Rates Hit 4-Month Low
U.S. Mortgage Rates Hit 4-Month Low
Job Cuts in Tech Sector Continue, Microsoft Lays Off 10,000
Microsoft is cutting 10,000 workers, almost 5% of its workforce, in response to what it described as “macroeconomic conditions and changing customer priorities.”
Wall Street Has Biggest Pullback of the Year, Led by Tech
Wall Street had its biggest pullback of the year as a January market rally sputtered.
Wholesale Inflation in US Slowed Further in December to 6.2 Percent
Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight monthly slowdown and a hopeful sign that inflation pressures will continue to cool.
Market Minute: Microsoft Begins Layoffs, TikTok Banned & Adobe's Data Debacle
Here is a rundown of Cheddar News' top market stories of the day.
