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...Housing starts in March plunged 14.7 per cent from the previous month to a seasonally adjusted annualised rate of 1.32mn, the US commerce department said....
...On an annual basis, sales declined 4.7 per cent....
...US mortgage rates have risen back above 7 per cent as robust economic data reduces the chances of the Federal Reserve cutting interest rates soon....
...Mortgage rates in the US sank back below 7 per cent following recent jobs data that showed the domestic labour market was not as strong in recent months as previously reported....
...US mortgage rates have fallen below 7 per cent for the first time in four months, a sign of relief for the housing market as the Federal Reserve shifts its monetary policy path towards interest rate cuts...
...US-based International Paper has agreed to buy UK rival DS Smith in a deal valued at £7.8bn, the companies said on Tuesday....
...Gifts to one of the most prestigious US business schools have fallen since Hamas’s attack on Israel sparked tensions between donors and universities over antisemitism and freedom of speech on campuses....
...But the US said the allegations involved 12 agency employees “who may have been involved” in the October 7 attacks....
...The allegations were made in a dossier Israel shared with US officials last week....
...US-based International Paper has agreed to buy UK competitor DS Smith in a £7.8bn deal, trumping a bid from London-listed Mondi as consolidation across the paper and packaging industry accelerates....
...The average 30-year fixed mortgage rate rose to almost 8 per cent in November, a level not seen since 2000, according to Freddie Mac. Rates have since fallen below 7 per cent....
...Andreessen Horowitz has raised $7.2bn to invest in tech start-ups including those at the forefront of the generative artificial intelligence revolution, in one of the biggest fundraising efforts by a venture...
...Joe Biden unveiled a $7.3tn budget plan that would push US debt over 100 per cent of gross domestic product in 2025, as the president laid out a fiscal agenda that boosts spending but plans to save $3tn...
...Lumping it in with the Mag 7 was a mistake....
...Existing US home sales in November ticked higher than economists expected, with more buyers entering the market as mortgage rates softened....
...US mortgage costs hit their highest level in almost 23 years, keeping the 30-year fixed-rate above 7 per cent for the 10th consecutive week....
...Will US mortgage rates remain above 7 per cent?...
...Mortgage rates surged in October, with the 30-year fixed rate hitting 7.9 per cent, according to Freddie Mac, though they have since declined....
...We should march on Washington and stop this travesty” (November 7, 2012). “Lets fight like hell and stop this great and disgusting injustice! The world is laughing at us” (November 7, 2012)....
...In a call with Israeli Prime Minister Benjamin Netanyahu on Thursday, US President Joe Biden, who has been the Jewish state’s staunchest ally in its war with Hamas, warned that continued US support would...
...US Treasury yields remained about flat following the data....
...Producer prices in the US fell by the most in seven months in October in the latest sign that inflation is cooling in the world’s largest economy....
...While that is more than double the level two years ago, it is down from 7.79 per cent in October....
...An MSCI index of worldwide stocks has gained 7.7 per cent this year, the most since 2019, with stocks outperforming bonds by the biggest margin in any quarter since 2020, even as traders scale back their...
...Joe Biden unveiled a $7.3tn budget plan for 2025 which would push US debt over 100 per cent of gross domestic product, as the president laid out a fiscal agenda that boosts spending but plans to save $3tn...
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