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…
Used car prices expected to stabilize in 2024 after two years of decreases from record highs
Used cars for sale at Lee Auto Mall on Wednesday, August 16, 2023. (Staff photo by Brianna Soukup/Portland Press Herald via Getty Images) Brianna Soukup | Portland Press Herald | Getty Images DETROIT — Used vehicle prices are expected to stabilize this year, after buyers of pre-owned cars and trucks got more relief in 2023…
More money is helping the IRS. Republicans still want to cut its budget.
Comment on this storyComment Add to your saved stories Save President Biden and Democrats in Congress turbocharged the Internal Revenue Service in 2022, handing the tax collector tens of billions of dollars to modernize and train a harder gaze on high-income earners and major corporations. Not even two years later, Republicans in Congress have succeeded…
Boeing 737 Max 9: Two airlines find loose hardware in jet inspections
Both United Airlines and Alaska Airlines find loose hardware on jets after Friday’s blow-out over Oregon.
After part of a plane’s wall blew out, feds ground some Boeings
Comment on this storyComment Add to your saved stories Save The Federal Aviation Administration ordered the grounding of 171 Boeing airplanes for inspection on Saturday, after part of a jet’s wall blew out in midair on a flight Friday and caused a dramatic emergency landing. All Boeing 737-9 Max planes with the same part —…
Samsung Electronics Forecasts Weaker Fourth-Quarter Operating Profit
Samsung Electronics expects its fourth-quarter operating profit to fall 35% from a year earlier, missing market expectations and dampening hopes for an earnings recovery led by its semiconductor business. The world’s largest maker of memory chips, smartphones and televisions said in a preliminary earnings forecast Tuesday that its operating profit is expected at 2.800 trillion…
