VW and works council reach provisional deal, Handelsblatt reports
(Reuters) - Volkswagen (ETR:VOWG_p) and its works council reached a provisional deal on cost-cutting measures that still requires further scrutiny and agreement from both sides,...
(Reuters) - Volkswagen (ETR:VOWG_p) and its works council reached a provisional deal on cost-cutting measures that still requires further scrutiny and agreement from both sides,...
-- The Federal Reserve’s stance on interest rate cuts has shifted, with restrictive trade and immigration policies playing a pivotal role in delaying further easing,...
-- Canadian wholesale trade experienced a likely drop of 0.7% in November compared to October, according to a preliminary estimate released by Statistics Canada on...
-- Loop Capital upgraded FedEx Corp (NYSE:FDX) to "buy" from "hold", also raised its price target to $365 from $288, factoring the value creation from the planned...
(Reuters) - Slovakia's Prime Minister Robert Fico warned of a gas crisis on Friday as Ukraine continued to reject extending the transit of natural gas through its territory after...
Mortgage rates climbed to 6.72% this week, according to the latest Freddie Mac data. DeBianchi Real Estate President and Realtor Sam DeBianchi Laviola joins Wealth to analyze the implications for housing market dynamics. DeBianchi Laviola cites studies suggesting mortgage rates will fluctuate between 6 to 7%, noting that the Federal Reserve's cautious interest rate outlook triggered this week's rate increase. However, she anticipates rates could drop to the 5-6% range in the coming year. "We're actually in a really balanced and healthy market right now but a lot of homebuyers and sellers may not feel that because inventory is still tight," she explains. DeBianchi Laviola adds that "now is a really good time to jump in the market because sellers are generally more negotiable." For those considering entering the housing market, she offers three key recommendations: secure mortgage pre-approval requirements, be prepared to negotiate price points with sellers, and explore various lending products beyond the traditional 30-year fixed mortgage to find the best personal fit. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith
-- Shareholders of online fashion retailer, Boohoo (LON:BOOH) Group Plc, have rejected a proposal by billionaire Mike Ashley for board representation, following a...
-- The Danish krone experienced a dip following disappointing clinical trial results from Denmark's pharmaceutical giant, Novo Nordisk (NYSE:NVO) A/S. The results...
-- Morgan Stanley (NYSE:MS) analysts upgraded Brinker International (NYSE:EAT), the parent company of Chili’s and Maggiano’s Little Italy, shares to Equal Weight...
MOSCOW (Reuters) - Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank unexpectedly held...