MBA Mortgage Applications Composite Index: -0.8% to 276.0, compared with -10.4% to 278.3 in the prior week. Purchase Index: +1.1% to 161.1, vs. -2.6% to 159.4 a week ago. Refinance Index: -2.8% to 919.9, vs. -17.3% to 946.4 in the prior week. 30-year fixed-rate mortgages came in at 6.51%, compared to 6.57% last week. "Certain loan types and geographic segments are faring better than others because...
MBA Mortgage Applications Composite Index: -0.8% to 276.0, compared with -10.4% to 278.3 in the prior week. Purchase Index: +1.1% to 161.1, vs. -2.6% to 159.4 a week ago. Refinance Index: -2.8% to 919.9, vs. -17.3% to 946.4 in the prior week. 30-year fixed-rate mortgages came in at 6.51%, compared to 6.57% last week. "Certain loan types and geographic segments are faring better than others because of lower rates on ARM and FHA loans as well as growing housing inventory in some local markets," said Joel Kan, an economist at the Mortgage Bankers Association. "Many potential refinance borrowers have been frozen out by the sharp increase over the past month. The pace of refinance applications was at its lowest level since December 2025," said Kan. More on Mortgages Long-term mortgage rates hit their highest level in about seven months Rocket Companies, First American Financial upgraded at Barclays on mortgage volumes
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Alexandra S. Levine reports on the way social media companies are trying to redefine themselves in light of growing public criticism. Tech Across the Globe Hack defense: Anthropic is letting tech firms access a more powerful, unreleased artificial intelligence model to he...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Alexandra S. Levine reports on the way social media companies are trying to redefine themselves in light of growing public criticism. Tech Across the Globe Hack defense: Anthropic is letting tech firms access a more powerful, unreleased artificial intelligence model to help defend against possible cyberattacks on software that might result from the advanced AI system becoming widely available. AI protections : Alphabet’s Google plans to introduce new mental health support features for its Gemini chatbot as the makers of AI tools face lawsuits accusing the technology of leading to harm. Musk versus Altman : Elon Musk is seeking to have Sam Altman removed as chief executive officer of OpenAI as part of the billionaire’s lawsuit challenging the AI startup’s conversion to a for-profit company. Revalued Venture capital firm Eclipse has raised $1.3 billion to invest in startups working in physical industries such as AI infrastructure, manufacturing and defense. Founded in 2015, Eclipse has backed chipmaker Cerebras, self-driving software startup Wayve and battery supply chain company Redwood Materials Inc. The latest haul is the firm’s largest to date, nudging out the $1.23 billion in new funds Eclipse raised in 2023. Identity crisis Has anyone else noticed all the top social media companies shouting from the rooftops that they are not, actually, social media? Snap was early to the trend. Chief Executive Officer Evan Spiegel was making this claim nearly a decade ago, and more recently, the company has been on a crusade to show “the rest of the world that we’re not social media, we’re Snapchat” and that “Snapchat was built as an alternative to social media” from the get-go. (Remember when it called itself a camera company ?) Alphabet’s Google used the same line in the recent trial in California accusing YouTube and its contemporaries of knowingly ...
(RTTNews) - While reporting financial results for the third quarter on Wednesday, RPM International, Inc. (RPM) said it continues to expect consolidated sales growth for the fourth quarter in the mid-single-digits.
(RTTNews) - While reporting financial results for the third quarter on Wednesday, RPM International, Inc. (RPM) said it continues to expect consolidated sales growth for the fourth quarter in the mid-single-digits.
Enzo Fernandez has given Chelsea boss Liam Rosenior the first major internal disciplinary issue of his brief tenure at Stamford Bridge - BBC Sport analyses the situation.
Enzo Fernandez has given Chelsea boss Liam Rosenior the first major internal disciplinary issue of his brief tenure at Stamford Bridge - BBC Sport analyses the situation.
Investor Gary Black of The Future Fund LLC shared on Sunday that he hopes Tesla Inc. would follow Apple Inc.‘s marketing strategy for its Full Self-Driving (FSD) system. Full Self-Driving Is The Best Autonomous System In a response to influencer Whole Mars Catalog‘s post on X, which outlined that FSD’s $99/month subscription would become appealing once customers tried it out. “FSD is the best full...
Investor Gary Black of The Future Fund LLC shared on Sunday that he hopes Tesla Inc. would follow Apple Inc.‘s marketing strategy for its Full Self-Driving (FSD) system. Full Self-Driving Is The Best Autonomous System In a response to influencer Whole Mars Catalog‘s post on X, which outlined that FSD’s $99/month subscription would become appealing once customers tried it out. “FSD is the best fully autonomous product on the market,” he said, but lamented that nobody other than Tesla fans knew ab
Stock futures edged up Wednesday premarket while oil slumped 16% after the U.S., Iran, and Israel agreed to a two-week ceasefire for negotiations, with President Trump delaying planned strikes and calling it a "double-sided ceasefire." Here are some of Wednesday's biggest stock movers: Biggest stock gainers Delta Air Lines ( DAL ) +11% – Airline stocks surged after the U.S. and Iran agreed to a tw...
Stock futures edged up Wednesday premarket while oil slumped 16% after the U.S., Iran, and Israel agreed to a two-week ceasefire for negotiations, with President Trump delaying planned strikes and calling it a "double-sided ceasefire." Here are some of Wednesday's biggest stock movers: Biggest stock gainers Delta Air Lines ( DAL ) +11% – Airline stocks surged after the U.S. and Iran agreed to a two-week ceasefire, easing concerns over potential disruptions in the Strait of Hormuz and triggering a sharp decline in Brent crude oil prices, which fell as much as 16% before stabilizing near $94/barrel. The relief rally lifted fuel-sensitive airline stocks, including American Airlines ( AAL ), United Airlines ( UAL ), Southwest Airlines ( LUV ), and JetBlue Airways ( JBLU ), in the range of 7% to 10%, as lower fuel costs improve margin outlook following weeks of pressure from rising oil prices amid escalating Middle East tensions. Levi Strauss ( LEVI ) +10% – Shares jumped after a strong Q1 beat, with consolidated revenue up 14% Y/Y and 9% on an organic basis, driven by broad-based growth across regions, including the Americas (+9%), Europe (+24%), and Asia (+13%), while the Beyond Yoga segment stood out with 23% organic growth. Direct-to-consumer sales also remained a key driver, increasing 16% Y/Y. The company guided for full-year revenue growth of 5.5%–6.5% with EPS of $1.42–$1.48 (vs. $1.46 consensus), alongside announcing that Harmit Singh will remain CFGO until a successor is named before transitioning to a special advisor role. Diebold Nixdorf ( DBD ) +5% – Shares advanced after it was announced the company will replace Sealed Air ( SEE ) in the S&P SmallCap 600 effective before trading opens on April 10, following Sealed Air’s pending acquisition by Clayton, Dubilier & Rice, which is expected to close on April 9. Biggest stock losers Tamboran Resources ( TBN ) -23% – Shares plunged after the company priced a public offering of ~2.96M shares at $35.00 each to raise...
Welcome to Going Private . I’m Erin Fuchs , and this is Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we take a look at a squishy metric used by a lot of AI firms achieving sky-high valuations. But first, we’re digging into what a surge of redemption requests in retail private credit funds means for the industry, and how so...
Welcome to Going Private . I’m Erin Fuchs , and this is Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we take a look at a squishy metric used by a lot of AI firms achieving sky-high valuations. But first, we’re digging into what a surge of redemption requests in retail private credit funds means for the industry, and how some money managers are trying to capitalize on the attempted exodus. If you’re not already on our list, sign up here . Have feedback? Email us at goingprivate@bloomberg.net ‘Prudent Stewardship’ Waves of redemption requests keep hitting non-traded business development companies, a type of private credit fund for retail investors, spurring Moody’s Ratings to revise its outlook on them to negative from stable. Barings Private Credit Corp. was one of the latest, with investors asking to pull 11.3% of the shares in the first quarter, my colleague Olivia Fishlow reported . Such funds typically cap redemptions at 5% of shares, and Barings opted to stick to that limit — even though some competitors have accommodated more requests lately in an attempt to soothe skittish investors. In capping withdrawals at 5%, Barings cited the need to exercise “prudent stewardship” with investors’ money. Redemption requests in BDCs began to spike this year amid growing doubts about private credit and following several high-profile collapses of indebted firms in 2025. Investors also got jitters over the funds’ exposure to the software industry, which faces an existential threat from the rise of artificial intelligence. The attempted pullback by retail investors raises questions about the suitability of such products for clients whose views can be swayed by the vagaries of the news cycle. And unlike big institutional investors, retail clients might be more inclined to redeem their cash to cover unexpected expenses. In good times, an investor could likely exit a BDC relatively easily. But it’s a probl...
The sportswear giant says it’s aware of the strange seam on some of the new shirts, and is looking into how to address it When Nike rolled out their collection of World Cup kits in late March, fans and pundits alike largely approved. The US men’s national team got arguably their most distinctive pair of shirts in decades, while other federations – France, Canada and Nigeria among them – earned str...
The sportswear giant says it’s aware of the strange seam on some of the new shirts, and is looking into how to address it When Nike rolled out their collection of World Cup kits in late March, fans and pundits alike largely approved. The US men’s national team got arguably their most distinctive pair of shirts in decades, while other federations – France, Canada and Nigeria among them – earned strong reviews. This month, when players took the field in the kits for the first time, many fans couldn’t help but become fixated on one singular detail of the new shirts: a somewhat unsightly bulge along the shoulder seam. Continue reading...
Local elections have led to a surge of racism in a country that still struggles to see itself as anything other than white Saint-Denis is just over 9km from the centre of Paris but is in the poorest department in all of metropolitan France, a region marked by unemployment, low incomes and social disadvantage. But Saint Denis’s town hall was the backdrop to memorably joyous celebrations on the even...
Local elections have led to a surge of racism in a country that still struggles to see itself as anything other than white Saint-Denis is just over 9km from the centre of Paris but is in the poorest department in all of metropolitan France, a region marked by unemployment, low incomes and social disadvantage. But Saint Denis’s town hall was the backdrop to memorably joyous celebrations on the evening of 15 March. A delirious crowd carried the new mayor shoulder high, chanting his name over and over. Bally Bagayoko who led a leftwing list uniting the radical left party, La France Insoumise (LFI), and the Communist party pulled off a remarkable feat, decisively winning the second biggest city in the Paris (Île-de-France) region in the first of two rounds. He was the only French mayoral candidate representing a population of more than 150,000 not to require a runoff contest. For the first time, Saint-Denis, which is home to 130 nationalities , has a mayor who reflects its community – a child of the city and the son of Malian immigrants. Rokhaya Diallo is a writer, journalist, film director, activist and Guardian Europe columnist. Continue reading...
Prosecutors have argued Jasveen Sangha should receive a 15-year sentence for her role in the actor’s death Jasveen Sangha, who pleaded guilty last year to selling a fatal dose of ketamine to actor Matthew Perry , is expected to be sentenced on Wednesday. Known as the “ Ketamine Queen ”, Sangha is the fifth defendant to take a plea deal and admit guilt in the case. Federal prosecutors say she shoul...
Prosecutors have argued Jasveen Sangha should receive a 15-year sentence for her role in the actor’s death Jasveen Sangha, who pleaded guilty last year to selling a fatal dose of ketamine to actor Matthew Perry , is expected to be sentenced on Wednesday. Known as the “ Ketamine Queen ”, Sangha is the fifth defendant to take a plea deal and admit guilt in the case. Federal prosecutors say she should receive a 15-year sentence for her role in Perry’s death and that of another individual, citing the “far-reaching scope of defendant’s illegality [and] her callous response to the deaths she helped cause”. Continue reading...
In an act transcending politics, tens of thousands successfully banded together to make the case against executing Charles ‘Sonny’ Burton in Alabama With all of his appeals exhausted, Charles “Sonny” Burton had already chosen the last meal he would have before being put to death by nitrogen gas at Alabama ’s Holman correctional facility: barbecue chicken, banana cake with ice cream, and sweet tea ...
In an act transcending politics, tens of thousands successfully banded together to make the case against executing Charles ‘Sonny’ Burton in Alabama With all of his appeals exhausted, Charles “Sonny” Burton had already chosen the last meal he would have before being put to death by nitrogen gas at Alabama ’s Holman correctional facility: barbecue chicken, banana cake with ice cream, and sweet tea – all things he hadn’t been able to enjoy in years with his diabetes. The writing seemed to be on the wall. His fate was in the hands of Kay Ivey, Alabama’s governor and a staunch supporter of capital punishment who has presided over more than 25 executions – more than any other Alabama governor since the death penalty was reinstated in 1976. Her office had been repeating the same line for weeks: “Governor Ivey has no plans to grant clemency.” But on the morning of 10 March, just two days before Sonny was to be put to death, Ivey commuted his sentence to life without parole. Continue reading...
The People’s Liberation Army division responsible for the East China Sea and the Taiwan Strait carried out a decontamination exercise amid targeting of Iranian nuclear facilities by the United States and Israel. A recent training exercise at an Eastern Theatre Command naval base included an emergency response to a simulated nuclear attack, according to a report on Tuesday by state broadcaster CCTV...
The People’s Liberation Army division responsible for the East China Sea and the Taiwan Strait carried out a decontamination exercise amid targeting of Iranian nuclear facilities by the United States and Israel. A recent training exercise at an Eastern Theatre Command naval base included an emergency response to a simulated nuclear attack, according to a report on Tuesday by state broadcaster CCTV, which did not specify the time or location of the drill. The exercise focused on rapid detection...
The Russian military is once again hacking home and small office routers in widespread operations that send unwitting users to sites that harvest passwords and credential tokens for use in espionage campaigns, researchers said Tuesday. An estimated 18,000 to 40,000 consumer routers, mostly those made by MikroTik and TP-Link, located in 120 countries were wrangled into infrastructure belonging to A...
The Russian military is once again hacking home and small office routers in widespread operations that send unwitting users to sites that harvest passwords and credential tokens for use in espionage campaigns, researchers said Tuesday. An estimated 18,000 to 40,000 consumer routers, mostly those made by MikroTik and TP-Link, located in 120 countries were wrangled into infrastructure belonging to APT28, an advanced threat group that’s part of Russia’s military intelligence agency known as the GRU, researchers from Lumen Technologies' Black Lotus Labs said . The threat group has operated for at least two decades and is behind dozens of high-profile hacks targeting governments worldwide. APT28 is also tracked under names including Pawn Storm, Sofacy Group, Sednit, Tsar Team, Forest Blizzard, and STRONTIUM. Technical sophistication, tried-and-true techniques A small number of routers were used as proxies to connect to a much larger number of other routers belonging to foreign ministries, law enforcement, and government agencies that the APT wanted to spy on. The group then used its control of routers to change DNS lookups for select websites, including, Microsoft said , domains for the company’s 356 service. Read full article Comments
In this article WMT AMZN TGT HD BBWI AEO EL COST NKE UAA Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 12:21 12:21 How the Navy's retail business is working to pull off a turnaround Digital Original In the rural plains of Northern Poland, at a remote base surrounded by farmland and pine forest, some 150 U.S. Navy sailors have a small slice of comfort through the Navy Exchange Min...
In this article WMT AMZN TGT HD BBWI AEO EL COST NKE UAA Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 12:21 12:21 How the Navy's retail business is working to pull off a turnaround Digital Original In the rural plains of Northern Poland, at a remote base surrounded by farmland and pine forest, some 150 U.S. Navy sailors have a small slice of comfort through the Navy Exchange Mini Mart, a place for familiar snacks, hygiene products and the household brands many of them knew growing up. One of hundreds of retail stores the Navy operates globally through the Navy Exchange Service Command, or Nexcom, the convenience store in Redzikowo doesn't make much money. But it's part of a sprawling system that plays a critical role in retention, morale and ultimately, U.S. national security by funneling profits into programs that support sailors and their families. Now, that network could be at risk as larger, savvier retail giants like Walmart , Amazon and Target chip away at Nexcom's U.S. market share, forcing it to do what any good retailer does when sales slow: hire consultants and embark on an ambitious turnaround plan. "Even though we're within the military, we compete for people's share of wallet, right? They can just as easily … stop at a Target, they could stop at a Walmart, but we want them to shop here," said Nexcom's CEO Robert Bianchi, who has both a Harvard MBA and almost 30 years of experience as a sailor to inform his strategy. "It is a constant challenge to stay relevant." Declining sales, relevance Nexcom, which can trace its roots back to the 1800s, provides active duty military members from all branches, veterans and their families with lodging access, uniforms and discounted, tax-free products through its chain of outposts. Some of the locations are sprawling department stores, offering sailors access to household names like Home Depot , Bath and Body Works and American Eagle , while others are smaller convenience stores, similar to a 7-Elev...
Prospective buyers view the backyard of a home during an open house in Seattle, Washington, US, on Sunday, Jan. 18, 2026. David Ryder | Bloomberg | Getty Images Mortgage rates finally ticked a tiny bit lower last week, but not enough to help the ailing mortgage market. Economic uncertainty, fueled by the Iran war, is keeping rates elevated and homebuyers on the fence. As a result, total mortgage a...
Prospective buyers view the backyard of a home during an open house in Seattle, Washington, US, on Sunday, Jan. 18, 2026. David Ryder | Bloomberg | Getty Images Mortgage rates finally ticked a tiny bit lower last week, but not enough to help the ailing mortgage market. Economic uncertainty, fueled by the Iran war, is keeping rates elevated and homebuyers on the fence. As a result, total mortgage application volume fell 0.8% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less, decreased to 6.51% from 6.57%, with points decreasing to 0.61 from 0.65, including the origination fee, for loans with a 20% down payment. Applications for a mortgage to purchase a home rose 1% for the week but were 7% lower than the same week one year ago. That was the first year-over-year decline since January 2025. "However, certain loan types and geographic segments are faring better than others because of lower rates on ARM and FHA loans as well as growing housing inventory in some local markets," said Joel Kan, an MBA economist in a release. "Applications for FHA purchase applications were up 5 percent over the week, supported by the FHA mortgage rate being about 30 basis points lower than the conventional mortgage rate." Get Property Play directly to your inbox CNBC's Property Play with Diana Olick covers new and evolving opportunities for the real estate investor, delivered weekly to your inbox. Subscribe here to get access today . Applications to refinance a home loan dropped 3% for the week and were 4% lower than the same week one year ago. That was also the first year-over-year decline for refinances since January 2025. "Many potential refinance borrowers have been frozen out by the sharp increase over the past month. The pace of refinance applications was at its lowest level since December 2025," said Ka...
BRAMPTON, Ontario, April 08, 2026 (GLOBE NEWSWIRE) -- Loblaw Companies Limited (TSX: L) announced today that it will release its 2026 first quarter results on May 6 th , 2026, at approximately 6:30 a.m. (ET). The release will be followed by a conference call at 10:00 a.m. (ET), as well as an audio webcast.
BRAMPTON, Ontario, April 08, 2026 (GLOBE NEWSWIRE) -- Loblaw Companies Limited (TSX: L) announced today that it will release its 2026 first quarter results on May 6 th , 2026, at approximately 6:30 a.m. (ET). The release will be followed by a conference call at 10:00 a.m. (ET), as well as an audio webcast.
BRAMPTON, Ontario, 08 avr. 2026 (GLOBE NEWSWIRE) -- Les Compagnies Loblaw Limitée (TSX : L) a annoncé aujourd’hui qu’elle publiera ses résultats du premier trimestre de 2026 le 6 mai 2026, à environ 6 h 30 (HAE). La publication sera suivie d’une téléconférence à 10 h (HAE), en plus d’une webémission.
BRAMPTON, Ontario, 08 avr. 2026 (GLOBE NEWSWIRE) -- Les Compagnies Loblaw Limitée (TSX : L) a annoncé aujourd’hui qu’elle publiera ses résultats du premier trimestre de 2026 le 6 mai 2026, à environ 6 h 30 (HAE). La publication sera suivie d’une téléconférence à 10 h (HAE), en plus d’une webémission.