US budget: Spending deal reached as shutdown deadline looms
President Biden says the agreement “clears the way” for Congress to avoid a government shutdown.
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Mortgage rate decline pulls buyers back into the housing market
A sharp drop in mortgage interest rates in December may have kickstarted this year’s spring housing market early. Rates are about a full percentage point lower than they were in October, and consumers expect they will fall even more. Optimism about mortgage rates increased sharply in December, according to a monthly consumer survey by Fannie…
Cyber Threats in a Hybrid World: Protecting Data When Everyone’s Remote
The shift to hybrid work has changed the way we think about offices, collaboration, and even work-life balance. But it’s also changed something else: how vulnerable businesses are to cyber threats. With employees splitting time between home and the office, often logging in on personal devices and networks, the attack surface has never been wider….
Tesco and M&S report strong Christmas sales
Both retailers beat expectations for the key festive period as overall food prices remain high.
Beijing bourse tells ‘major shareholders’ to refrain from selling | Reuters News Agency
Business & Finance 28 November 2023, 4:28 am 1 minute Reuters exclusively reported that The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on its bourse from selling stock, worried that such sales could douse a long-desired rally. Market Impact The Beijing bourse currently houses 232…
How the cost of homebuying and selling will change after landmark court loss over real estate commissions
Toronto Star | Toronto Star | Getty Images A recent jury verdict against the National Association of Realtors and large residential brokerages could upend the residential real estate industry. The real estate compensation model is at the heart of the issue. Plaintiffs contend that commission rates are too high, buyer brokers are being overpaid, and…
California energy officials vote to extend Diablo Canyon nuclear plant operations
California energy officials have voted to extend the operation of the Diablo Canyon Power Plant through 2030, extending the life span of the state’s last nuclear plant an additional five years. The California Public Utilities Commission approved a proposal to keep Diablo Canyon’s twin reactors online, overturning an earlier agreement to close the plant in…
