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First-time homebuyers hold off on purchases amid ‘slim’ pickings, high mortgage rates

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Lindsey Vogel has been looking to buy her first home since February of this year. She hasn't had any luck....
Sports

Analysis-Markets gear up for two wild weeks of elections and rate moves

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By Harry Robertson and Naomi Rovnick LONDON (Reuters) - Investors globally are piling into the U.S. dollar and betting on...
Bussiness

US 30-year fixed-rate mortgage rises to 6.54%

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WASHINGTON (Reuters) - U.S. mortgage rates increased for a fourth straight week this week, suggesting the housing market could remain...
Bussiness

UBS report says wealthier clients became more cautious about art, sales dropped last year

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By Tatiana Bautzer NEW YORK (Reuters) - Global art sales fell 4% last year to around $65 billion, as the...
Bussiness

Lower-priced new cars are gaining popularity, and not just for cash-poor buyers

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DETROIT (AP) — Had she wanted to, Michelle Chumley could have afforded a pricey new SUV loaded with options. But when it came time...
Bussiness

Fed’s Daly Says She Doesn’t See Reasons to Stop Cutting Rates

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(Bloomberg) -- Federal Reserve Bank of San Francisco President Mary Daly said she expected the US central bank would continue...
Bussiness

Fed’s Logan doubles down on request for rates to be lowered ‘gradually’

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Dallas Fed president Lorie Logan reiterated Monday she sees lowering interest rates "gradually," citing an increased risk that the job market could worsen and...
Bussiness

The lucky few Gen Z and millennials who broke into the housing market feel trapped in their starter homes, report says

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Many Gen Zers and millennials today are forced to rent (or live with their parents) because of the sheer cost of buying a house—and...
Bussiness

ECB’s Villeroy Seeks Flexibility on Speed, Size of Rate Cuts

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(Bloomberg) -- The European Central Bank should remain flexible as it cuts interest rates in response to cooling inflation and a weakening economy, according...
Bussiness

Dollar rides ‘Trump trade’ toward third weekly rise

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By Tom WestbrookSINGAPORE (Reuters) - The dollar headed for a third weekly gain in a row on Friday, helped by a dovish European Central...
Bussiness

Gold touches new high to hold above $2,700 per ounce

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Gold futures (GC=F) jumped to a new high of $2,706 per ounce during Thursday's session, giving credence to bulls who claim the precious metal...
Bussiness

European Central Bank, seeing no signs of recession, cuts interest rates again

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LONDON (AP) — The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, does not expect the...
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