Weekly mortgage demand jumps again, as interest rates fall below 7%

Weekly mortgage demand jumps again, as interest rates fall below 7%

A For Sale sign is posted in front of a home for sale in San Marino, California on September 6, 2023.  Frederic J. Brown | AFP | Getty Images Mortgage rates swung slightly lower last week, fueling a significant jump in mortgage demand for the second straight week. Total application volume rose 7.1%, compared with … Read more

BOJ may exit negative rates next week. Here’s what you need to know.

BOJ may exit negative rates next week. Here’s what you need to know.

Japan bar chart graph with ups and downs, increasing values, concept of economic recovery and business improving, businesses reopen, politics concept with flag Elif Bayraktar | Istock | Getty Images Speculation is swirling that the Bank of Japan may move to exit the world’s last negative rate policy as early as next week, when policymakers … Read more

Shareholder payouts hit a record $1.7 trillion last year as bank profits surged

Shareholder payouts hit a record .7 trillion last year as bank profits surged

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024. Brendan Mcdermid | Reuters LONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by British asset manager Janus Henderson. The Global Dividend Index report, published … Read more

Voters blame businesses more than Biden for sticky inflation

Voters blame businesses more than Biden for sticky inflation

President Joe Biden speaks during an event about lowering costs for American families at the Granite State YMCA Allard Center of Goffstown on March 11, 2024 in Goffstown, New Hampshire.  Sophie Park | Getty Images News | Getty Images President Joe Biden is starting to win the inflation blame game against corporations. A recent Financial … Read more

Markets brace for key U.S. inflation gauge

Markets brace for key U.S. inflation gauge

A customer shops at a supermarket in Oregon. Wang Ying | Xinhua News Agency | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. … Read more

Biden’s 2025 budget marries progressive tax hikes with populist campaign planks

Biden’s 2025 budget marries progressive tax hikes with populist campaign planks

U.S. President Joe Biden delivers remarks, during a campaign event focusing on abortion rights at the Hylton Performing Arts Center, in Manassas, Virginia, U.S., January 23, 2024.  Evelyn Hockstein | Reuters President Joe Biden’s 2025 funding proposal set to be released Monday will repackage his tax hike proposals on billionaires and corporations and many other … Read more

Conflicting signals on U.S. jobs market

Conflicting signals on U.S. jobs market

Miami Beach, Florida, McDonald’s restaurant, now hiring sign, starting at $11 an hour. Jeffrey Greenberg | Universal Images Group | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what … Read more

India inks ‘watershed’ $100 billion free trade deal with four non-EU nations

India inks ‘watershed’ 0 billion free trade deal with four non-EU nations

India flag, stock market, exchange economy and Trade, oil production, container ship in export and import business and logistics. Texbr | Istock | Getty Images India will lift most tariffs on four nations in Europe in a “watershed” deal that is expected to yield $100 billion worth of investment over 15 years and one billion … Read more

A mixed picture on U.S. jobs growth

A mixed picture on U.S. jobs growth

Workers at a restaurant at Grand Central Market in Los Angeles, California, US, on Thursday, Nov. 2, 2023.  Eric Thayer | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Japan averts technical recession as revised fourth-quarter data shows economy grew 0.4%

Japan averts technical recession as revised fourth-quarter data shows economy grew 0.4%

Commuters walking at Shibuya Crossing, Tokyo © Marco Bottigelli | Moment | Getty Images Japan averted a technical recession as revised official data on Monday showed the economy returned to growth in the the October-December period last year. Japan’s gross domestic product expanded 0.4% in the fourth quarter compared with a year earlier. Provisional data … Read more