New-Home Sales Fall 10.5% as High Mortgage Rates Keep Housing Stuck
High home prices and elevated mortgage interest rates are keeping some buyers on the sidelines.
Saturday, 7 November 2026
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High home prices and elevated mortgage interest rates are keeping some buyers on the sidelines.
The US has said "the single greatest financial offensive ever" will help it and Israel end their ongoing war with Iran.
The Treasury General Account (TGA) is Treasury’s cash balance held at the Federal Reserve. Its balance is the net of cash inflows like tax receipts and outflows to pay the government’s bills. On Monday, we learned that …
SELLAS Life Sciences Group, Inc. NASDAQ:SLS shares built on Friday’s 15.37% surge in premarket trade Monday, rising a further 1.62% to $15.71 at 08:40 EDT. The stock was 1.1% shy of its 52-week peak at $15.88.
The S&P 500 finished the day lower, with semiconductor stocks leading the way. The SMH ETF bounced off the put wall today, which had moved down to $545. I just do not know how long that level will hold. There appears to…
August 4, 2026, 3:46 AM EDT. LIC shares dropped almost 9% after the government launched an offer for sale (OFS) of up to a 6.5% stake, setting a floor price of Rs 382, representing an 11% discount from the prior closing…
Songs that are largely or wholly created by AI have been banned from Australia's music charts.
Markets tread water ahead of Nvidia and Jackson Hole as Bessent launches his Iran sanctions campaign and gold hits a fresh high.
Something new might appear in your change when you pay in cash from now on: a 10p coin featuring the portrait of King Charles and the world's largest grouse.
The Treasury Department announced Aug. 20 that it will at least double the size of its “liquidity support” buybacks of long-dated government bonds. The maximum size of each operation rises from $2 billion to at least $4…
Ministers have announced where 70,000 social and affordable homes will be built in England over the next 10 years, in a bid to address the housing crisis.
Recent events in the Middle East remind us that geopolitics are intertwined with financial decision-making in evolving ways: National security, energy, supply chains and technology are increasingly interrelated. In this…
Network Rail is suing two rail companies for more than £5m after a fuel spill caused by a train derailment threatened an "environmental disaster" at a designated site for protection.
The number of graduate jobs has fallen almost in half in the past year, according to new figures, as employers cut entry-level roles in favour of AI and battle rising costs.
Global oil prices have fallen sharply and stock markets jumped after the US and Iran agreed to a conditional two-week ceasefire deal that includes the reopening of the key Strait of Hormuz waterway.
Fast-fashion giant Shein says it plans to raise up to HK13.86bn (£1.3bn; $1.77bn) when its shares start trading on the Hong Kong stock market on 1 September.
Minimalist retractable door handles became a signature feature of electric vehicles (EVs), but the controversial designs are now at the centre of China's biggest car recall, affecting more than 4 million vehicles.
Growing up in Manchester, Mia Tanswell didn't give her accent much thought - until her first week at university in Loughborough.
As parents across the country prepare to wave their children off to university, conversations about family finances and the cost of living are growing ever more frequent - and fervent.
As parents across the country prepare to wave their children off to university, conversations about family finances and the cost of living are growing ever more frequent - and fervent.
A review is being launched into the way business rates are calculated for pubs and hotels in England and Wales, and could lead to a reform of the system.
Higher energy bills this winter mean the government should step in to provide more help for households most in need, the body representing energy firms in the UK has said.
Mayors across England will be given new powers to overrule local councils on some planning decisions.
The government said that at no point was there a risk to the UK's energy system, but the Department for Energy Security and Net Zero (DESNZ) has contacted power companies to advise them about the risk of cyber attacks.
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