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Analyst Oliver Chen also maintained his buy rating for Ulta stock, simultaneously lifting his price target to $580 from $570. Deutsche Bank: Reiterate buy rating and $450 price target, implying 10% upside. Kallo's price target of $300 implies that Tesla stock could rally more than 56% from its Tuesday closing price. Citi analyst Christopher Danely also stood by his buy rating on the stock while lifting his price target to $192 from $136. Analyst Jeffrey Adelson downgraded the company to underweight from equal weight and cut his price target to $6.50 from $7.

Persons: Morgan Stanley, TD Cowen, Ulta, Oliver Chen, ULTA, Chen, — Lisa Kailai Han, Goldman Sachs, Kash Rangan, Baird, Tesla, Ben Kallo, Elon Musk's, Toshiya Hari, Hari, Christopher Danely, Vivek Arya, Danely, Arya, Harlan Sur, Kannan Venkateshwar, Venkateshwar, Eric Sheridan, Sheridan, Justin Post, Ross Sandler, Sandler, Ronald Josey, Josey, Morgan Stanley downgrades, Jeffrey Adelson, Adelson, SOFI, SoFi, Fred Imbert Organizations: CNBC, Google, Microsoft, SoFi Technologies, Deutsche Bank, Citi, Barclays, Tesla, Devices, Wall Street, AMD, Bank of America, Barclays downgrades Verizon Barclays, Verizon, Venkateshwar, Bulls, Morgan Stanley downgrades SoFi Locations: Ulta

SAN FRANCISCO (AP) — Philadelphia 76ers center Joel Embiid is undergoing an MRI after the reigning MVP hurt his left leg Tuesday in a 119-107 loss to the Golden State Warriors. Embiid scored 14 points in that game before limping to the locker room with 4:04 remaining after Golden State’s Jonathan Kuminga fell on the 7-footer’s left leg. He is the NBA’s leading scorer with 35.3 points per game and also is averaging 11.3 rebounds and 5.7 assists. He had a franchise-record 70 points to go along with 18 rebounds on Jan. 22 in a 133-124 victory over the San Antonio Spurs. The 76ers next play Thursday at Utah to cap a five-game trip in which they have gone 0-4.

Persons: Joel Embiid, Embiid, Golden, Jonathan Kuminga, footer’s, Nikola Jokic —, Nick Nurse, “ They’re, what’s, ” Embiid, ___ Organizations: FRANCISCO, — Philadelphia 76ers, Golden State Warriors, Saturday, Denver, ” 76ers, NBA, San Antonio Spurs, 76ers Locations: Portland, Utah

☆ Stocks making the biggest moves premarket: Google, Advanced Micro Devices, Starbucks and more
▼ + stars: | 2024-01-31 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

The Google parent topped Wall Street's expectations on the top and bottom lines, but recorded advertising revenue of $65.52 billion. Advanced Micro Devices — The semiconductor company's shares slid 4.3% after posting fourth-quarter earnings Tuesday that came out in line with consensus expectations. Starbucks – Shares of the coffee chain were higher in premarket trading even after a disappointing financial update for its fiscal first quarter. Starbucks posted earnings per share of 90 cents, falling below analysts' expectations by 3 cents, according to LSEG. Manhattan Associates — The supply chain software provider surged 11% premarket after fourth quarter earnings and revenue topped analysts' highest estimates, and issued first quarter financial guidance that also surpassed expectations.

Persons: Byron Allen, Tesla, Elon Musk, Mondelez, Morgan Stanley, —, Macheel, Alex Harring, Samantha Subin, Yun Li, Scott Schnipper Organizations: Google, StreetAccount, Paramount Global, Paramount, AMD, Microsoft, Boeing, Starbucks, Technologies, Manhattan Associates Locations: LSEG, Delaware

President Barack Obama won Florida in 2008 and 2012, but Trump carried the state in 2016 and 2020. AP VoteCast found that Biden won just 54% of the state’s Latino voters in 2020, down substantially from his national average of 63%. For example, Biden won Miami-Dade and Palm Beach counties in 2020, but by lower margins than Hillary Clinton did in 2016. "The assumption that Florida will necessarily be an easy victory for Republicans is questionable.”Both Florida parties have been hit by infighting. The Republicans recently ousted their state party chair, Christian Ziegler, after he got caught up in a sex scandal.

Persons: Joe Biden, Donald Trump, Biden, Barack Obama, Trump, AP VoteCast, Hillary Clinton, Kevin Wagner, Wagner, Ron DeSantis, Christian Ziegler, “, Evan Power, Nikki Fried, Fried, ” Fried, ___ Spencer, Josh Boak Organizations: WASHINGTON, Republican, Trump, Democratic National Committee, Florida, Republicans, Democrats, Senate, AP, Democratic, Miami, Dade, Fort, Bureau of Labor Statistics, Florida Atlantic University, Republican Gov, GOP, Democratic Party, Associated Press Locations: Florida, Trump's, Lago, Miami, U.S, Midwest, Northeast, Palm Beach, Fort Lauderdale, West Palm Beach, Beach, Fort Lauderdale , Florida

☆ Home prices began to cool in November after nine straight months of gains, S&P Case-Shiller says
▼ + stars: | 2024-01-30 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Home prices in November fell 0.2% from October, according to the S&P CoreLogic Case-Shiller national home price index. Prices nationally were still higher than the year before, and those annual gains increased again relative to the prior month. They rose 5.1% from November 2022, up from a 4.7% annual increase in October. "The rate has since fallen over 1%, which could support further annual gains in home prices." Prices rose 8.2% in November, followed again by San Diego with an 8% increase.

Persons: Freddie Mac, Brian Luke, Luke Organizations: Federal Reserve, Detroit, Midwest Locations: Lake Pointe Subdivision, Austin , Texas, Seattle, San Francisco, Miami, Tampa, Atlanta, Charlotte , New York, Cleveland, San Diego, Portland , Oregon

☆ Stocks making the biggest moves after hours: Microsoft, Alphabet, Starbucks, AMD and more
▼ + stars: | 2024-01-30 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

Electronic Arts — The stock declined 3.3% after its fiscal third-quarter revenue came in below estimates. Google ad revenue came in at $65.52 billion, short of analysts' expectations for $65.94 billion, per StreetAccount. Starbucks' fiscal first-quarter adjusted earnings came in at 90 cents per share on revenue of $9.43 billion. This fell short of analysts' expectations for 93 cents in earnings per share and revenue of $9.59 billion, per LSEG. Revenue came in at $194 million, reflecting a 53% increase from a year earlier.

Persons: Elon Musk's, Richard Tornetta, Laxman Narasimhan, Stryker, Skyworks, Liam Griffin, Robert Half, FactSet, Teradyne, Darla Mercado, Scott Schnipper Organizations: Microsoft, LSEG, Electronic Arts, EA, Google, Starbucks, AMD, Powell Industries Locations: Delaware, Asia, North America, LSEG

☆ AMD shares fall as first-quarter forecast comes in light
▼ + stars: | 2024-01-30 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

AMD reported fourth-quarter earnings on Tuesday that were in line with analyst expectations, while the company's revenue beat estimates, but AMD offered a first-quarter forecast that fell short of expectations. It said that its data center revenue would be flat as server chip declines would be offset by AI GPU sales. Net income in the fourth quarter was $667 million, or $0.41 per share, versus $21 million, or $0.01 per share a year ago. AMD gave a positive update on its AI chips sales. Data center, which includes server CPUs and AI chips, rose 38% on an annual basis to $2.28 billion in sales.

Persons: Lisa Su, It's Organizations: AMD, Nvidia, Data Center, Microsoft Xbox, Sony Locations: Las Vegas , Nevada, U.S

☆ We're raising our Alphabet price target after earnings that shouldn't have dinged the stock
▼ + stars: | 2024-01-30 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Alphabet delivered better-than-expected fourth-quarter sales and earnings after the closing bell Tuesday. Total revenue rose 13.5% year-over-year to $86.31 billion, outpacing the $85.33 billion expected, according to estimates compiled by LSEG. However, it wasn't enough to jump over the high expectations that come with a stock trading at all-time highs. Google Search sales in Q4, by far the largest contributor to overall revenue, gained 12.7% to a lower-than-expected $48.02 billion. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Copilot, Ruth Porat, We're, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: LSEG, Wall Street, Google, Management, NFL, Microsoft, Google Network, Google Services, Web Services, CNBC, Washington, Santiago, Getty Locations: Hudson Square, New York City

The order by the Hong Kong High Court also is not a remedy for the crisis of confidence haunting China’s financial markets. Markets in both Hong Kong and Shanghai fell Tuesday while share prices of property developers sank. State-owned Chinese banks and other domestic entities own most of the debt owed by Chinese property developers. David Goodman, director of the University of Sydney’s China Studies Center, said he thinks China’s property debt burdens are unlikely to precipitate a major financial crisis. “The fact of the matter is that the Chinese financial system is not as open or as marketized (as in the United States),” he said.

Persons: Brock Silvers, haven't, Silver, ”, Seng, David Goodman, —, Soo Organizations: Evergrande, Hong Kong High, Kaiyuan, ”, Sunac China Holdings, F Properties, Shanghai, Swiss Re Institute, Swiss, University of Sydney’s China Studies Center Locations: BANGKOK, Hong Kong, China, Beijing, Shanghai, Guangzhou, United States, U.S, Singapore

☆ White House touts highest consumer confidence in more than 2 years
▼ + stars: | 2024-01-30 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +2 min

U.S. President Joe Biden delivers remarks at the St. John Baptist Church in Columbia, South Carolina, on Jan. 28, 2024. The White House cheered the Conference Board report on Tuesday showing consumer confidence rising to its highest level in more than two years. Consumer confidence reached its highest level since December 2021, and was up more than 30% since its April 2020 low of 85.7. The Conference Board's consumer confidence index rose for a third straight month to 114.8 in January, up from a revised 108 in December 2023. Despite the increasing consumer sentiment, just 33% of voters approve of Biden's handling of the economy, according to CNBC's All-America Economic Survey in December.

Persons: Joe Biden, Lael Brainard, Donald Trump, Biden's, Trump Organizations: St, John Baptist Church, Economic, Biden Administration, America Economic Survey, CNBC, Biden, Trump, CNBC PRO Locations: Columbia , South Carolina

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. Mortgage Rates for Buying a Home30-Year Fixed Mortgage Rates Flat From Last Week (No Change)The current average 30-year fixed mortgage rate is 6.36%, exactly where it was this time last week. 15-Year Fixed Mortgage Rates Inch Up (+0.07%)The average 15-year mortgage rate is 5.71%, up just seven points from last week. Mortgage rates started ticking up from historic lows in the second half of 2021 and increased over three percentage points in 2022. Mortgage rates also rose dramatically in 2023, though they started trending back down toward the end of the year.

Persons: There's, Jerome Powell, Powell, you'll, It's, refinance Organizations: Federal Reserve, Zillow, FHA Locations: Chevron

☆ Mark Cuban: Here's the moment I knew I wouldn’t succeed in corporate America
▼ + stars: | 2024-01-28 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Mark Cuban once pictured himself running a major corporation — until he started his first job out of college. The experience "sealed" something he probably already knew, Cuban told CNBC Make It via email: If he wanted to run a company, he'd likely have to build his own. "I was a lousy employee because I was a know-it-all," Cuban told Wired last year. But not every prospective entrepreneur is as successful as Cuban, who launched a software company called Microsolutions in 1983 and kept it afloat through some turbulent early years. Cuban's second business, Broadcast.com, was acquired by Yahoo for $5.7 billion in 1999.

Persons: Mark Cuban, Cuban, Trevor Noah's, unkindly, he's, didn't, he'd Organizations: —, University of Indiana, Mellon Bank, CNBC, Software, Wired, Yahoo Locations: Pittsburgh, Cuban, America, Dallas

☆ Sea of Nectar: What you should know about the moon area where Japan’s lander touched down
▼ + stars: | 2024-01-27 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +10 min

If the lander turns on again, it could make good on its objectives to collect unprecedented information about a region called the Sea of Nectar. The 1969 US moon mission Apollo 11 captured this oblique view of the large crater Theophilus at the northwest edge of the Sea of Nectar. Here's the first picture sent back by the Moon Sniper after it landed on the lunar surface. The Sea of Nectar is much smaller than its neighbor the Sea of Tranquility, which is over 540 miles (875 kilometers) across and is similarly smooth and flat. “After the Apollo missions, we brought back samples and learned they were essentially massive lava planes,” Osinski said.

Persons: Smart, SLIM —, Moon, Theophilus that’s, ”, Gordon Osinski, who’s, Artemis, Osinski, we’ve, ” Osinski, Sara Russell, haven’t, Russell, “, SLIM, ” “, John Pernet, Fisher, Pernet, it’s, Tranquillity, Canada’s, maria ”, “ It’s, NASA’s Organizations: CNN, Japan Aerospace Exploration Agency, JAXA, NASA, Western University, Lunar Reconnaissance, Planetary Materials, Ritsumeikan University, Aizu, University of Manchester, Planetary Institute, Apollo, Getty Locations: Japan, , Ontario, Shioli, United Kingdom

The Espoo, Finland-based company reported net profit of 568 million euros ($619 million) for the October-to-December quarter, down from 929 million euros in the same period a year earlier. Nokia is one of the world’s main suppliers of 5G, the latest generation of broadband technology, along with Sweden’s Ericsson, China’s Huawei and South Korea’s Samsung. Nokia's net income attributable to shareholders came in at 558 million euros in the fourth quarter, down from 931 million euros the previous year. Nokia’s sales also fell 23%, to 5.7 billion euros from 7.5 billion euros. “Looking ahead, we expect the challenging environment of 2023 to continue during the first half of 2024, particularly in the first quarter,” he said.

Persons: China’s, Pekka Lundmark, ” Organizations: HELSINKI, Nokia, 5G, Sweden’s Ericsson, China’s Huawei, South, Samsung, eBay Locations: Espoo, Finland

☆ Nokia to begin $653 million share buyback program after profit slump and warning of challenging 2024
▼ + stars: | 2024-01-25 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

Nokia on Thursday said that it will begin a two-year 600 million euro ($653 million) share buyback this quarter, after reporting that its profit plunged in 2023. Comparable operating profit fell 27% year-on-year to 846 million. The company forecast comparable operating profit will reach between 2.3 billion euros and 2.9 billion euros in 2024. India, which has been investing heavily in its next-generation mobile networks over the past couple of years, is beginning to slow down. Mobile networks, Nokia's biggest division by revenue, saw sales fall 17% year-on-year to 2.5 billion euros in the fourth quarter.

Persons: Pekka Lundmark, Lundmark Organizations: Nokia, Mobile, Mobile Networks, AT, Ericsson, U.S . AT Locations: India

Although the law expired last year, the suit says the parties agreed to extend the window closing. Political Cartoons View All 253 ImagesThe people who assaulted Bonafede were mostly older men, the suit says. The Associated Press generally does not name people who say they have been sexually assaulted unless they come forward publicly. Fletcher declined to comment further on the suit, but said they will be seeking a jury trial and compensatory damages. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.

Persons: Marina Abramovic, John Bonafede, ”, Bonafede, Jordan Fletcher, Fletcher, ___ Maysoon Khan Organizations: New York City’s Museum of Modern Art, New York, New York Times, Associated Press, America Statehouse News Initiative, America Locations: ALBANY, N.Y, New, Manhattan, New York

The total for the latest open enrollment period marks a 30% increase from a year ago, based on past enrollment figures published by the health policy research organization KFF. Officials said the figures include 5 million new signups and more than 16 million people with 2023 ACA plan coverage. West Virginia, which has expanded Medicaid, saw the largest percentage increase in enrollment at 80%. “Marketplace coverage is very important to those in those states whose incomes are under 138% of poverty,” says Sara Collins, vice president for health care coverage and access and tracking health system performance for The Commonwealth Fund. “It is a reflection of the lack of Medicaid expansion in those states.”An analysis by KFF notes ACA health plan enrollment has increased each year during the Biden administration.

Persons: It’s, Xavier Becerra, “, ”, Sara Collins, KFF, Biden, Donald Trump, Trump, Cynthia Cox, Cox, signups, ” Cox, Collins, ” Collin Organizations: Biden, “, Social Security, Affordable, ” Department of Health, Human Services, District of Columbia, Commonwealth Fund, American Locations: Texas, enrollees, Florida, West Virginia, signups

☆ Bitcoin breaks below $39,000 as post-ETF tumble continues
▼ + stars: | 2024-01-23 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin extended its recent declines on Tuesday, falling further below $40,000 to its lowest level since the beginning of December. Some have pointed to short-term selling pressure from exits from the Grayscale Bitcoin Trust (GBTC), which has seen about $2 billion in outflows since Jan. 19 while BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund have each seen more than $1 billion in inflow. Expectations around the event emerged last summer intensified in August, pushing the bitcoin price steadily higher. The move in bitcoin continued to pull the rest of the crypto market lower. Microstrategy , which has long traded as a proxy for the bitcoin price, lost 3%, while the biggest miners, Marathon Digital and Riot Platforms , fell 3% and 4%, respectively.

Persons: Bitcoin, BlackRock's, Fidelity's, Yuya Hasegawa, Ripple's XRP, dogecoin, Coinbase Organizations: Solana, Marathon, JPMorgan Locations: outflows, GBTC, bitcoin

☆ Volkswagen and more: Barclays names European 'conviction' stock ideas — and gives one 59% upside
▼ + stars: | 2024-01-23 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

The Wall Street bank named the following five companies in its European "Conviction with Catalysts" list of stock ideas that offer strong upside potential. Enav Topping the list with the biggest upside potential is Enav , an air traffic controller company based in Italy. UCB Barclays believes Belgian biopharmaceutical company UCB can beat 2023 sales expectations thanks to its new psoriasis drug Bimzelx. Although the drug has struggled in the U.S. over side effect warnings, Barclays sees signs of healthy global demand. Volkswagen Barclays believes Volkswagen offers turnaround potential in 2024 after a disastrous 2023 and 2022.

Persons: Emmanuel Cau, Enav, — CNBC's Michael Bloom Organizations: Barclays, UCB Barclays, Belgian, UCB, ABN Amro Dutch, ABN Amro, ABN, Vivendi, Volkswagen Barclays, Volkswagen Locations: Italy, U.S

If the economic data shows that inflation is continuing to come down in 2024 and the Fed remains open to cutting rates this year, mortgage rates should start to trend down. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. Mortgage Rates for Buying a Home30-Year Fixed Mortgage Rates Increase (+0.20%)The current average 30-year fixed mortgage rate is 6.38%, up 20 basis points since this time last week. 20-Year Fixed Mortgage Rates Higher This Week (+0.30%)The average 20-year fixed mortgage rate is up somewhat from last week, and is sitting at 5.99%. 15-Year Fixed Mortgage Rates Rise (+0.34%)The average 15-year mortgage rate is 5.73%, up 34 points from last week.

Persons: Fannie Mae, Freddie Mac, you'll, It's, refinance Organizations: Federal Reserve, Zillow, FHA Locations: Chevron

High mortgage rates had a huge impact on the housing market last year, but we'll likely see conditions improve in 2024. Mortgage rates rose to a more than two-decade high last year, and homebuying demand all but disappeared as a result. "Mortgage rates are meaningfully lower compared to just two months ago, and more inventory is expected to appear on the market in upcoming months." See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates inched down to 5.76% last week, according to Freddie Mac data.

Persons: Lawrence Yun, you'll, Freddie Mac, it's, they've Organizations: Mortgage, National Association of Realtors, NAR, Zillow, Federal Reserve Locations: Chevron

On December 22, the UN Security Council passed a resolution calling for further extended humanitarian pauses to allow more aid into Gaza. People carry some of their belongings as they walk to Rafah in the southern Gaza Strip on January 4, fleeing central Gaza. But even as foreign aid to Gaza rose in the wake of the Hamas takeover, the amount of aid fluctuates annually, OECD data shows. In 2018, the Trump administration cut about $200 million in Palestinian aid and halted contributions to UNRWA. Medicine for Israeli hostages and Palestinians entered Gaza last Wednesday after Qatar brokered a deal with Israel and Hamas.

Persons: Khan Younis, —, Majdi, Fatah, Mohammed Abed, ”, Yara Asi, Israel, René Wildangel, Wildangel, ” Asi, Trump, Biden, Benjamin Netanyahu, “, Netanyahu Organizations: CNN, United Nations, West Bank, UN Office, Humanitarian Affairs, Service, Aid, World Health Organization, UN Relief and Works Agency for Palestinian Refugees, Israel, Israel Defense Forces, UN, Assembly, UNRWA, IDF, UN Security, World Food, Palestinian, Statistics, World Bank, Palestine Liberation Organization, PLO, Palestinian Authority, Hamas, West Bank ., Getty, University of Central, “, International Hellenic University, Amnesty, Palestinian Central Bureau, European Union, Organization for Economic Co, Development, Obama, Qatar Locations: Israel, Gaza, East Jerusalem, UN, Rafah, South Africa, Oslo Accords, AFP, Palestine, University of Central Florida, Oslo, Thessaloniki, Greece, United States, Europe, Qatar

Just 270 players are in the Hall, 1.3% of the approximately 20,500 who have appeared in the major leagues, according to the Elias Sports Bureau. Beltré was the leading vote-getter at 99% in his first try, according to Ryan Thibodaux’s Hall of Fame Ballot Tracker. Mauer, also on the his initial ballot, was second at 83%, and Helton was next at 82.5% in his sixth appearance. Mauer was a six-time All-Star, three-time Gold Glove winner and the 2009 AL MVP during 15 seasons with Minnesota. The seven-time All-Star is sixth in career saves with 422, going 47-40 with a 2.31 ERA in 16 seasons.

Persons: Beltré, Joe Mauer, Todd Helton, Billy Wagner, Gary Sheffield, ”, Jayson Stark, “, Stark, Dan Shaughnessy, Shaughnessy, Ryan Thibodaux’s, Helton, Wagner, Andruw Jones, Jim Leyland, Bob Costas, Frick, they’ve, you’ve, Costas, Alex Rodríguez, Manny Ramírez, that’s, we're, it's, Brooks Robinson’s, Mauer, ___ Organizations: baseball's Hall of Fame, Elias Sports Bureau, Writers ' Association of America, Boston Globe, Beltré, of Fame, Sheffield, BBWAA, Los Angeles Dodgers, Minnesota, Colorado, Coors Field, Houston, New York Mets, Milwaukee, Dodgers, New York Yankees, Mets Locations: Cooperstown, Mauer, Seattle, Boston, Texas, Minnesota, Philadelphia, Atlanta, San Diego, Florida, Detroit

☆ Meta's retreat from news accelerated in 2023, leaving publishers scrambling for traffic
▼ + stars: | 2024-01-22 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +14 min

At Mother Jones, a 48-year-old nonprofit magazine specializing in politics and investigations, the implications were dramatic. "The firehose of Facebook traffic was never going to pay for our journalism, for the majority of our journalism," Bauerlein said. Last decade, many publishers saw their "social traffic decline pretty dramatically," with Facebook deprioritizing text-based articles in favor of video content, Cholke said. "If we all end up finding news in the metaverse, then you'll be finding Mother Jones in the metaverse," she said. What Mother Jones won't do, she said, is "bet everything on one platform, because that never works out."

Persons: Mark Zuckerberg, Sen, John Kennedy, Bill Clark, Reuters Mother Jones, Monika Bauerlein, Mother Jones, Meta, Donald Trump, Bauerlein, Jill Nicholson, Nicholson, Zuckerberg, David Carr, Carr, We've, Meta hasn't, It's, Similarweb, Sam Cholke, John S, Adams, Jonah Peretti, " Peretti, Jessica Probus, BuzzFeed's, BuzzFeed, Probus, Cholke, that's, Chartbeat's Nicholson, Mathew Ingram, Facebook, Ingram, Pew, Elisa Shearer, influencers, Jones Organizations: Facebook, Reuters, Mother, CNBC, Google, Meta, Daily, Comcast, Vice Media, Institute for Nonprofit News, Texas Tribune, Montana Free Press, The Texas Tribune, Institute for Nonprofit, Longtime, Columbia Journalism, Pew Research Center, Pew Locations: Washington, France, Germany, Australia, Helena, American

☆ Mortgage interest rates expected to drop in 2024—here's how much you could save on monthly payments
▼ + stars: | 2024-01-21 | by ( Mike Winters | ) www.cnbc.com time to read: 1 min

If you were priced out of the housing market in 2023, you might have better luck finding an affordable home in 2024. Mortgage rates are expected to decrease by nearly 1% by year's end — from 6.6% down to as little as 5.75% — according to recent housing forecasts. That's good news for buyers, as the decrease would reduce their monthly mortgage costs by roughly $200 for a median-priced home. On Thursday, 30-year fixed mortgage rates slid to 6.6% after peaking at 7.79% in October 2023, per Freddie Mac data. This lines up with other recent projections:

Persons: Freddie Mac, Fannie Mae's Organizations: Strategic Research

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