Mortgage refinance demand jumps after rates drop

An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. Mario Tama | Getty ImagesHomeowners looking to refinance are finding savings after mortgage rates dropped again last week.The average contract interest rate for 30-year fixed-rate...

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European Central Bank to focus on shrinking its balance sheet

Christine Lagarde, president of the European Central Bank (ECB).Bloomberg | Bloomberg | Getty ImagesFRANKFURT — The European Central Bank meets this week with investors closely monitoring to see when the Frankfurt institution might start to cut interest rates.It will be too early to declare victory in the battle against...

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Netflix releases viewing stats for nearly all titles for first time

Rege-Jean Page and Phoebe Dynevor star in Netflix's "Bridgerton."NetflixCreators rejoice: Netflix is finally revealing viewership statistics about nearly all of its shows and movies.Netflix released its first "What We Watched" report Tuesday, which ranks almost all of its shows and movies by amount of hours viewed over the last...

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ORCL, LCID, CNC, HAS and more

Check out the companies making headlines in midday trading. Oracle — The software provider tumbled 11% Tuesday, a day after reporting lower revenue than analysts expected for the fiscal second quarter . Oracle posted $12.49 billion in revenue, below the consensus estimate of $13.05 billion from analysts polled by...

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CPI inflation report November 2023

Prices across a broad range of goods and services edged higher in November as energy prices declined, providing hope that inflation could be on a lower trajectory.The consumer price index, a closely watched inflation gauge, increased 0.1% in November, and was up 3.1% from a year ago, the Labor...

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After crisis, Israel’s economy always comes back stronger

Visitors enter the Tel Aviv Stock Exchange in Tel Aviv, Israel, on Tuesday, Nov. 7, 2023.Bloomberg | Bloomberg | Getty ImagesAnchored in a culture of entrepreneurship and adaptability, Israel is globally recognized as the world's "Startup Nation" for its cross-sector contributions to modern research and technology. However, the horrific events...

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