Today: September 19, 2024
Today: September 19, 2024

California legislators break with Gov. Newsom over loan to keep state's last nuclear plant running

California's Last Nuclear Power Plant
June 13, 2024

LOS ANGELES (AP) — The California Legislature signaled its intent on Thursday to cancel a $400 million loan payment to help finance a longer lifespan for the state’s last nuclear power plant, exposing a rift with Gov. Gavin Newsom who says that the power is critical to safeguarding energy supplies amid a warming climate.

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US existing home sales drop in August; supply improves

U.S. existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement in supply.

US existing home sales drop in August; supply improves
Business|Economy|Finance|News

Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut

Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut

Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Business|Economy|Finance|News

US home sales fell in August despite easing mortgage rates, more homes on the market

Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising

US home sales fell in August despite easing mortgage rates, more homes on the market
Business|Economy|Finance

US current account deficit widens sharply in second quarter on imports

The U.S. current account deficit widened sharply in the second quarter, reaching its highest level in more than two years amid a surge in imports of goods.

US current account deficit widens sharply in second quarter on imports
Africa|Economy|Finance|News

South Africa central bank joins easing club with 25 basis point rate cut

South Africa's central bank struck a measured tone after its first rate cut in more than four years on Thursday, saying although

South Africa central bank joins easing club with 25 basis point rate cut
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Union Pacific expects revenue to grow faster than volumes over next three years

Union Pacific expects revenue to grow faster than volumes over next three years
Asia|Business|Economy|Finance

Sri Lanka clinches $12.5 billion bond rework deal in pre-election dash

Sri Lanka clinches $12.5 billion bond rework deal in pre-election dash
Economy|News|Political|World

US imposes new sanctions related to Russia, North Korea, says Treasury

US imposes new sanctions related to Russia, North Korea, says Treasury
Business|Economy|Finance|News

So, the Fed cut rates? It’s still not the best time to buy a house

So, the Fed cut rates? It’s still not the best time to buy a house