There's an unusual decline in housing inventory that's preventing home prices from dropping...
There's an unusual decline in housing inventory that's preventing home prices from dropping more. Redfin said new listings are down more than 20% from a year ago, and there are still more buyers looking for homes than there are homes for sale. Here's your housing update.
US stocks futures are flat early Monday. The Dow is coming off its...
US stocksfutures are flat early Monday. The Dow is coming off its best month since January after finishing Friday's trading session 0.8% higher, while the Nasdaq made the largest weekly gain at 1.3%. Check out this morning's market moves.
On the docket: SoFi Technologies, Norwegian Cruise Line, and MicroStrategy, all reporting.
A massive fire erupted at an oil depot on the Crimean Peninsula over the weekend, an incident Russian officials blamed on a pair of armed drones launched by Ukrainian forces. It would mark one of the most aggressive acts of force by Ukraine in the region since Russia annexed it in 2014 (see map).
More than 350,000 troops have been killed in the fighting to date. See an update on the war here.
Breaking News: First Republic Bank is seized by regulators and sold to JPMorgan Chase
Regulators seized control of First Republic Bank and...
Regulators seized control of First Republic Bank and sold it to JPMorgan Chase on Monday, a dramatic move aimed at curbing a two-month banking crisis that has rattled the financial system. The deal was announced hours before U.S. markets are set to open, and after a scramble by officials over the weekend.
First Republic, whose assets were battered by the rise in interest rates, had struggled to stay alive after two other lenders collapsed last month, spooking depositors and investors.
Former Williams chairman and CEO Joe Williams dead at 89
Williams is remembering and honoring former chairman and CEO Joseph H....
Williams is remembering and honoring former chairman and CEO Joseph H. “Joe” Williams, who died April 27, 2023, at age 89 in South Carolina.
Williams spent 35 years at Williams, the last 15 as chairman and chief executive officer. The son of David Williams, one of the original co-founders of Williams, he followed his cousin John Williams as CEO and served in that role from 1979 to 1994, when he retired. He was the last member of the Williams family to head Williams.
