1+ day, 13+ hour ago   (194+ words) Thomas Ryan, senior North America economist for Capital Economics, observed: "The market remains jammed by high rates. If rates eventually fall towards, say, 5%, there could be a meaningful release of pent-up demand. It's just not clear what will trigger that…...

2+ day, 18+ hour ago   (569+ words) None of this suggests the housing market is about to collapse. It just means the recovery everyone hoped for is still a slow grind. The trend matters for a couple of reasons. First, mortgage rates have stayed stubbornly above the…...

2+ day, 20+ hour ago   (632+ words) Boston Scientific, the medical device maker, got hit with a cyberattack, and the market did not like it. Shares dropped 4.5% after the company filed a notice with regulators explaining that the attack is messing with some key systems. The ones…...

4+ day, 3+ hour ago   (577+ words) It's no secret that buying a home feels harder than it used to. Prices are high, supply is tight, and many younger people have quietly given up on the idea. The biggest banks in America have taken notice. They're betting…...

6+ day, 13+ hour ago   (342+ words) Arbutus Biopharma investors got a nice surprise at the opening bell. The cash comes from a legal win, not from operations. Arbutus recently settled its patent fight with Moderna over patent litigation related to the Covid vaccination delivery method for…...

1+ week, 1+ day ago   (761+ words) The average 30-year fixed mortgage rate slipped to 6.65% this week, according to Freddie Mac's data released Thursday. That is down from 6.67% last week, marking the second consecutive weekly decline. A year ago, the average was 6.58%. The minor decline reflects a…...

1+ week, 1+ day ago   (456+ words) Buying a home just got a little further out of reach. A new measure of housing affordability took a turn for the worse in the second quarter, reversing part of the improvement recorded since early 2025. The culprit is a familiar…...

1+ week, 2+ day ago   (633+ words) Anyone waiting for mortgage rates to drop got the same answer again: not yet. Total mortgage application volume dipped 0.4% for the week, a very polite way of saying nothing moved. The market is stuck in a waiting pattern, and the…...

1+ week, 2+ day ago   (458+ words) TJX had a simple message for Wall Street: we are growing. Investors responded by selling the stock. The company behind TJ Maxx reported same-store sales up 4% last quarter, a touch better than analysts expected. Revenue also edged past forecasts. But…...

1+ week, 3+ day ago   (204+ words) Spokespeople for US Bancorp, Mizuho Financial Group Inc. and Wells Fargo & Co., the financial institutions shepherding the deal, declined to comment. Representatives for ULA also declined to comment. When big institutions rush to invest, it's a reminder to grab the…...