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After flatlining the week before, mortgage demand rose last week, despite mortgage rates increasing for the fourth straight week. Total application volume climbed 1.7% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Applications for a mortgage to purchase a home rose 2% for the week but were 1% lower than the same week one year ago. Purchase demand was driven by conventional and FHA loans, with FHA purchase applications seeing a 7% increase. Mortgage rates are about flat so far this week, according to a separate survey from Mortgage News Daily.

Persons: ”, Joel Kan, Matthew Graham Organizations: Mortgage, Mortgage News Locations: Ukraine, Russia

☆ The future of travel in the Middle East
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe future of travel in the Middle EastGlobal travel CEOs speak to CNBC's Emma Graham at Skift Global Forum East in Dubai about the future of travel in the Middle East.

Persons: Emma Graham Organizations: East Global, Skift Global Locations: Dubai

☆ Product managers rule Silicon Valley. Not everyone is happy about it.
▼ + stars: | 2024-11-20 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +10 min

Several companies, from Airbnb to Snap, are now reconsidering the utility of product managers entirely, while others claim that the product manager's reign will only expand in the age of AI. Advertisement"The shift in power moved from engineering to product managers," says Hubert Palan, the CEO of Productboard, a company that provides software for product managers. "The product manager is at the center of everything," says Avi Siegel, a former product manager who's working on his own startup, Momentum. Whether their coworkers are happy about it or not, product managers are gaining recognition. "The future really does belong to product managers," says Frank Fusco, a product manager turned CEO of a software company called Silicon Society.

Persons: Elle, Sundar Pichai, Satya Nadella, YouTube's Neal Mohan, Gamble, Hubert Palan, doesn't, Avi Siegel, who's, Aaron, he's, ZipRecruiter, Zippia, I've, they're, Palan, Meg Watson, Watson, Brian Chesky, Paul Graham —, Frank Fusco, Fusco Organizations: LinkedIn, Procter, Hewlett, Packard, Microsoft, Apple, Google, Companies, Big Tech, Carnegie Mellon University, . News, McKinsey, Software, Spotify, Chesky, Silicon Society

☆ Catastrophic damage closed swaths of the Appalachian Trail. Now thousands are working to restore it
▼ + stars: | 2024-11-20 | by ( Graham Hurley | ) edition.cnn.com time to read: +12 min

The Appalachian Trail extends for almost 2,200 miles across 14 states – from Springer Mountain in Georgia to Mount Katahdin in Maine. Portions of the trail in North Carolina’s Pisgah National Forest suffered the most severe damage and remain closed. Towns and businesses need the trail’s trafficThe Appalachian Trail is more than a footpath for many people. Every year thousands of people attempt to hike the entire trail or “thru-hike” it, and about 3 million people visit portions of the trail, according to the Appalachian Trail Conservancy. The total cost of the repairs along the trail remains unclear while officials continue assessing the full extent of the wreckage, the Appalachian Trail Conservancy said.

Persons: Terry Wise, Hurricane Helene, ”, Wise, Helene, –, “, Michelle Mitchell, Franklin Tate, They’ll, Tate, ” Wise, It’s, ’ ” Wise, Johnny’s, We’re, Ed Clark, ” Clark, Roy Cooper’s, Paul Curtin, Curtin, Crews, ” Curtin, Mitchell, Terra Caballero, Caballero, ” Caballero, Billoy, Shutterstock Craig Stivers, Stivers, Erwin, ” Stivers Organizations: CNN, Volunteers, US Forest Service, National Park Service, Forest Service, Forest, Cherokee, North Carolina . North Carolina Forest Service, Appalachian, Conservancy, Forest . United States Forest Service, North Carolina Gov, Carolina Mountain Club, Asheville . United States Forest Service, US Department of Transportation, Officials, conservancy, Unicoi Locations: Erwin , Tennessee, East, Springer, Georgia, Katahdin, Maine, Georgia , North Carolina , Tennessee, Virginia, Southern, North, Pisgah, Tennessee, North Carolina, Hurricane, North Carolina . North, Towns, Appalachian, Erwin, Hot Springs , North Carolina, The, Asheville, Forest, Bent, Asheville ., South Carolina , Tennessee, Florida, Hurricane Milton

☆ Weekly mortgage demand inched up, despite higher interest rates. Here's why.
▼ + stars: | 2024-11-20 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

After flatlining the week before, mortgage demand rose last week, despite mortgage rates rising for the fourth straight week. Total application volume increased 1.7% compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Applications for a mortgage to purchase a home rose 2% for the week but were 1% lower than the same week one year ago. Purchase demand was driven by conventional and FHA loans, with FHA purchase applications seeing a 7% increase. Mortgage rates are about flat so far this week, according to a separate survey from Mortgage News Daily.

Persons: Joel Kan, Matthew Graham Organizations: Mortgage, Mortgage News, U.S Locations: Ukraine, Russia

And Gaetz himself has been making calls to GOP senators and visiting his own loyalists in the House GOP. The pressure is all building ahead of a planned Wednesday meeting of the House ethics panel, which is expected to discuss the fate of the report. But privately, Republicans on the panel are signaling that they could bury the report as Gaetz and Trump are making direct appeals. In a call last week to GOP Sen. Josh Hawley, Gaetz urged him “to give him a shot,” Hawley told CNN. Meanwhile, nearly 100 House Democrats are calling on the House Ethics Committee to “immediately” release the report.

Persons: Matt Gaetz, J.D, Vance, Donald Trump’s, Gaetz, GOP Sen, Chuck Grassley, we’ve, ” Grassley, “ You’ve, …, Sen, John Kennedy, Pete Hegseth, Elise Stefanik, Doug Collins, Trump, Lindsey Graham, Judiciary —, Josh Hawley, “, ” Hawley, Hawley, Mike Simpson, ” Simpson, ”, Simpson, Kevin McCarthy, “ Matt, Rogers, Gaetz wouldn’t, Tim Burchett, he’s, Glenn Ivey, Ivey Organizations: CNN, GOP, Capitol Hill, Republican, Trump, Louisiana Republican, Fox News, Department of Defense, United Nations, Veterans Affairs, Judiciary, House, Caucus, Missouri Republican, Republicans, Armed, Democrats, Capitol, Florida congressman, ” Democratic, Maryland Locations: Trump, Louisiana, United, Gaetz, Florida

Las Vegas police are investigating after an officer fatally shot a 43-year-old father who had called 911 for help during a home break-in. Durham reported that he was inside the house with his 15-year-old daughter and he was going to lock himself in a bathroom, Koren told reporters Thursday. Boudreaux was arrested during the incident, Koren said. She appears to have had some relationship with Durham, Koren said, but police provided no clarity as to what that relationship might be. The officer’s use of force is being reviewed using the standard set by the Supreme Court’s decision in Graham v. Connor, Koren told reporters.

Persons: Brandon Durham, Dori Koren, Durham, Koren, ” Koren, “, Alejandra Boudreaux, Boudreaux, Connor, Isabella, KSNV, ”, ” Isabella Organizations: Las, Las Vegas Metropolitan Police, Police, NBC, KSNV, NBC News, Metropolitan Police Locations: Las Vegas, Sunset, Las, Durham, Boudreaux, Graham

But many Republicans and Gaetz allies have touted his aggressive style as an essential attribute for an attorney general. The president-elect filled some of those spots Thursday evening, appointing a series of his own personal lawyers to run key sections of the Justice Department. Trump also announced his selection of Emile Bove, another member of his criminal defense team, to be principal associate attorney general. Now, while some of his colleagues in Congress expressed skepticism of his pick as attorney general, they said they are prepared for a detailed confirmation process. As attorney general, Gaetz would be in control of the FBI investigative files that detail the evidence the bureau uncovered.

Persons: Donald Trump, Matt Gaetz, Trump, Gaetz, there’s, John Morgan, doubters, Morgan, ” Morgan, “, General Merrick Garland, Joe Biden, Todd Blanche, Emile Bove, ”, AnchorsGordon didn’t, Lawrence “ Larry ” Keefe, Keefe, Ron DeSantis, Feedback Sen, Klobuchar, —, Michael Cohen, Sen, Rick Scott, ” Gaetz, Hunter, Hank Johnson, Kevin McCarthy, Liz Cheney, Gaetz didn’t, South Carolina Sen, Lindsey Graham, Bill Barr, Joel Greenberg, CNN’s Kristen Holmes Organizations: CNN, Justice Department, Trump, Florida Republican, Prosecutors, Federal Bureau of Investigation, Alcohol, Tobacco, Firearms, Explosives, Drug Enforcement Administration, Democrats, Capitol, Senate, Panhandle Republican, Truman, Florida State University, & Mary Law School, AnchorsGordon, Florida Panhandle, Partners, Florida, Northern, Northern District of Florida, Vineyard, Tallahassee statehouse, Republican, Florida Bar, Florida Republicans, Washington Elected, White, Republican Party, House Republican, Union, House Intelligence, Democratic, Judiciary Committee, FBI, South, Garland’s Justice Department Locations: Congress, United States, Trump’s, Florida, Gaetz, Manhattan, Northern District, Texas, Tallahassee, Washington, Wyoming, South Carolina

☆ Bills hand Chiefs first loss of season as Josh Allen rushes for late TD: Key takeaways
▼ + stars: | 2024-11-17 | by ( The Athletic Nfl Staff | ) www.nytimes.com time to read: +5 min

The Chiefs fell to the Buffalo Bills, 30-21, as Josh Allen got the best of Patrick Mahomes in Buffalo on Sunday. The quarterback totaled over 300 yards in the game, including a team-high 55 rushing yards and a passing touchdown. Steve Spagnuolo’s Chiefs defense entered Week 11 ranked fourth in DVOA, a gargantuan factor in Kansas City being so lucky to remain undefeated until Sunday. It took a heroic effort for Allen to snap the 30-game streak for the Chiefs’ defense, which has been the better unit on the roster in the past two seasons. AdvertisementFor the Chiefs’ defense, the biggest takeaway here is that the secondary looks to be shaky in certain spots against quality competition.

Persons: Joe Buscaglia, Nate Taylor, Tim Graham, RJ Kraft, Josh Allen, Patrick Mahomes, Mahomes, Allen, James Cook, Bo Nix, — Nate Taylor, Buffalo, Steve Spagnuolo’s, — Tim Graham, Nazeeh Johnson, Amari Cooper, Curtis Samuel, Chamarri Conner, — Taylor, — Taylor Bills ’, Terrel Bernard, Travis Kelce, — Joe Buscaglia, Timothy T Ludwig Organizations: Miami Dolphins, Kansas City Chiefs, Chiefs, Buffalo Bills, Kansas City, AFC, Bills, Pittsburgh Steelers, Los Angeles Chargers, Houston Texans, Steelers, Steve Spagnuolo’s Chiefs, Buffalo, Kansas, — Taylor Bills, Getty Locations: Buffalo, Mahomes . Buffalo, DVOA, Kansas City

While Gaetz’s ability to be confirmed appears on the rocks among Senate Republicans, President-elect Donald Trump’s team remains confident he will eventually be confirmed, even if it’s after an ugly battle. Gaetz and Trump attorney Todd Blanche are moving full speed ahead on trying to fill out the Justice Department, according to sources familiar with the planning. In his few terms in the House, Gaetz has often been embroiled in controversy. The attorney, John Clune, also called for the release of a House Ethics Committee report detailing the committee’s investigation into Gaetz, which has been ongoing for several years. Since the Truth Social post, Trump has not asked for any specific Cabinet pick, including Gaetz, to be confirmed via recess appointment.

Persons: Matt Gaetz, Donald Trump’s, Todd Blanche, Blanche, Trump, ”, JD Vance, Gaetz, Matt, ’, Mike Johnson, John Clune, ” Sen, Lindsey Graham, Johnson, “, John Cornyn, Sen, Kevin Cramer, Michael Guest, ” Cramer, Gaetz —, Democratic Sen, Richard Blumenthal, we’re, Tom Williams, Vance, Cramer Organizations: Republicans, Department of Justice, NBC, Trump, Justice Department, NBC News, Trump —, Capitol, House, ”, Democratic, …, Washington , D.C, Inc, Getty, Pennsylvania’s Senate, GOP, Truth Social Locations: America, Texas, Orlando, Washington ,, Pennsylvania’s

☆ Elon Musk throws his weight behind Howard Lutnick over Scott Bessent for Treasury secretary
▼ + stars: | 2024-11-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Musk wrote on X that Cantor Fitzgerald chief executive Howard Lutnick would "actually enact change." Lutnick and Key Square Group founder Scott Bessent are leading contenders for the role. Elon Musk on Saturday said that Cantor Fitzgerald CEO Howard Lutnick would "actually enact change" should he be tapped as President-elect Donald Trump's Treasury secretary. Advertisement"My view fwiw is that Bessent is a business-as-usual choice, whereas @howardlutnick will actually enact change," Musk wrote. My view fwiw is that Bessent is a business-as-usual choice, whereas @howardlutnick will actually enact change.

Persons: Elon Musk, Musk, Cantor Fitzgerald, Howard Lutnick, Scott Bessent, Donald Trump's, Trump, Bessent, Republican Sen, Lindsey Graham of, Semafor, Graham, igGLZOJ8wz — Elon Organizations: Elon, Key Square, Group, Republican, Street Journal Locations: Lindsey Graham of South Carolina, South Carolina

WASHINGTON — Republican senators are preparing for a robust vetting of Matt Gaetz, President-elect Donald Trump's pick to lead the Justice Department, with a keen interest in details from a House Ethics Committee investigation into the former congressman from Florida. The Ethics Committee has jurisdiction only over sitting House members. Many Republican senators, including members of the GOP-led Judiciary Committee that will oversee Gaetz’s nomination for attorney general, said they'll want to see the details of the House Ethics investigation into Gaetz. But Gaetz's resignation complicates things, and the House committee hasn't indicated what it will do. Asked directly if he'd vote to confirm Gaetz, Cramer said the Florida congressman would have to make it through the Judiciary Committee first.

Persons: WASHINGTON, Matt Gaetz, Donald Trump's, Gaetz, Justice Department —, Trump, they'll, Sen, Joni Ernst, John Curtis, “, hasn't, Bill Boner, Buz Lukens, John Cornyn of, he'd, ”, Cornyn, it’s, ” Cornyn, ” Sen, Lindsey Graham, ” Graham, Trump hadn’t, Matt, Chuck Grassley, we’ve, ” Grassley, , Grassley, Susan Collins, Collins, Kevin McCarthy, Lisa Murkowski, Gaetz's, Ernst, He’s, JD Vance, Kevin Cramer, we’re, —, Cramer, McCarthy, I’ll, he’s, Mike Braun, I’m Organizations: Justice Department, NBC News, Republican, GOP, Committee, Punchbowl News, Judiciary, “, Department, NBC, Republicans, —, Trump Locations: Florida, Congress, Iowa, Utah, Ohio, John Cornyn of Texas, Maine, Pennsylvania, Alaska

Anna Moneymaker/Getty ImagesTop Republicans on the Senate Judiciary Committee are being careful to keep their options open regarding President-elect Donald Trump’s selection for attorney general, former GOP Rep. Matt Gaetz. Asked if the Senate should receive the House Ethic Committee report on Gaetz, incoming Senate Majority Leader John Thune, of South Dakota, said: “I haven’t given that any thought yet. South Carolina Sen. Lindsey Graham and North Carolina Sen. Thom Tillis were less insistent on seeing the House committee’s report. Elections have consequences; (Trump) chose Matt Gaetz. Latest from the Ethics Committee: Asked about the pending report on Gaetz, House Ethics Chairman Michael Guest said Thursday, “What happens in Ethics is confidential.

Persons: Sen, John Cornyn, Chambers, Anna Moneymaker, Donald Trump’s, Matt Gaetz, John Thune, ”, ” Texas Sen, Carolina Sen, Lindsey Graham, North Carolina Sen, Thom Tillis, Tillis, Graham, “, Missouri Sen, Josh Hawley, ” Graham, Trump, Matt, ” Tillis, Hawley, there’ll, ” Hawley, Alabama Sen, Tommy Tuberville, we’ll, Indiana Sen, Mike Braun, he’s, Gaetz, Michael Guest, ” Gaetz Organizations: Capitol, Committee, GOP, Gaetz, North, Alabama Locations: Washington , DC, South Dakota, ” Texas, Carolina, North Carolina, Missouri

☆ A smart way to follow value investor David Einhorn into his latest play that generates income to boot
▼ + stars: | 2024-11-14 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

Value investors believe these companies are undervalued due to temporary issues, market overreactions, or broader economic conditions. The approach is long-term, as value investors wait for the market to recognize the company's actual value, which may take time. On a podcast earlier this year, well-known hedge fund manager David Einhorn of Greenlight Capital lamented that modern-day passive investors pay no attention to "value" of the companies they buy. Outcome Scenarios : If the stock price stays above the strike price, the option expires worthless, allowing the investor to keep the premium as profit. If the stock price falls below the strike price, the option buyer will likely exercise it, obligating the seller to buy the stock at the strike price.

Persons: Benjamin Graham, Warren Buffett, David Einhorn, CNH Organizations: Greenlight, Deere & Co, Agco Corp, Farmers, CNBC, NBC UNIVERSAL

☆ Baupost's Seth Klarman takes new stake in Dollar General, exits Capri before botched deal
▼ + stars: | 2024-11-14 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Baupost's Seth Klarman took a sizable stake in discount store Dollar General last quarter, while exiting Michael Kors-owner Capri before its megadeal to merge with Tapestry was blocked by regulators. The notable hedge fund investor built a $195 million stake in Dollar General, making it his eighth-biggest holding at the end of September, according to a new regulatory filing. The stock took another beating after Donald Trump 's election raised concerns that his proposed universal tariffs could lead to soaring import prices. Shares of Dollar General have lost 4% this month, pushing its 2024 decline to more than 43%. Elsewhere, Klarman dumped his $35 million investment in Capri last quarter.

Persons: Baupost's Seth Klarman, Michael Kors, Capri, Donald Trump, Klarman, Benjamin Graham's, Warren Buffett, Baupost Organizations: Dollar, Federal Trade Commission, Boston, Harvard, Cornell grad, Wesco International, Eagle Materials Locations: Capri, Tamboran Resources, Australian

☆ Gaetz faces rocky road to confirmation as pressure builds for release of House ethics probe
▼ + stars: | 2024-11-14 | by ( Manu Raju | Lauren Fox | ) edition.cnn.com time to read: +8 min

Sen. John Cornyn, a member of the Senate Judiciary Committee, said he “absolutely” wants to see the House Ethics Committee’s findings on Gaetz. “I think there should not be any limitations on the Senate Judiciary Committee’s investigation, including whatever the House Ethics Committee has generated,” he said. Trump has pushed to keep all options on the table to greenlight his nominees, including recess appointments, which would bypass the typical Senate confirmation process. However, Sen. Rick Scott told CNN, “I believe in recess appointments.” Scott had supported recess appointments during his bid for GOP leader, which he lost to Thune. The Supreme Court has ruled on questions about recess appointments, which makes the outcome of taking these questions to court uncertain.

Persons: Donald Trump’s, Matt Gaetz, Sen, John Cornyn, “, ”, Gaetz, John Thune, James Lankford, ” Cornyn, Cornyn, Rick Scott, ” Scott, Scott, Trump’s, Dick Durbin, Richard Blumenthal, Chris Coons, Durbin, Donald Trump, ” Blumenthal, “ Matt Gaetz, ” Coons, he’s, Thune, Leah Millis, Reuters Sen, Chuck Grassley, “ We’ve, ” Grassley, Lindsey Graham, Thom Tillis, Tillis, Graham, ” Sen, Josh Hawley, ” Graham, Matt, ” Tillis, Samuel Corum, it’s, ’, Thune couldn’t, CNN’s Danya Gainor, Sarah Ferris, Annie Grayer, Ted Barrett, Morgan Rimmer, Emma Newman Organizations: CNN, Top, Republicans, GOP, Trump, Florida Republican, Democratic, Democrats, Republican U.S, U.S, 119th, Capitol, Reuters, Democrat, Senate Locations: Florida, Washington , U.S, Sens, Washington , DC

☆ The election proved the media is in crisis. Here’s what it needs to do to regain its relevance
▼ + stars: | 2024-11-14 | by ( Brian Stelter | ) edition.cnn.com time to read: +11 min

What can news outlets do to regain trust and appeal to new audiences without alienating existing readers and viewers? For the past week, CNN’s media team has been receiving feedback from readers of the Reliable Sources newsletter. Mainstream media outlets have been losing public trust for decades, particularly among Republicans, but also among Democrats and independents. Maybe, CNN’s Donie O’Sullivan commented last week, the media collectively spent “too much time obsessing about polling (where did that get us?) As long as President-elect Donald Trump keeps repeating lies and raising controversies, the press will be seen as a hostile force by many Trump voters.

Persons: New York CNN — Donald Trump’s, Kamala Harris, “, ”, Greg Gutfeld, Sean Hannity, ” Elon Musk, Harris, Donie O’Sullivan, MAGA, it’s, TheWrap’s Sharon Waxman, Donald Trump, They’re, Joe Rogan’s, Charlie Warzel, Rachel Karten, “ Trump, Tim Graham, Arlie Russell Hochschild, Vox, Lulu Garcia, Navarro, Buck, Richard Stengel, Andrew Morse, “ It’s, Will Bunch, there’s Organizations: New, New York CNN, ” Fox, Trump, Media, ABC News, Nielsen, CNN, News, Civic Health, Media Research Center, ” New York Times, Atlanta, Philadelphia Locations: New York, Washington, York, U.S

☆ Why Musk supports Trump getting rid of EV tax credits
▼ + stars: | 2024-11-14 | by ( Graham Rapier | ) www.businessinsider.com time to read: +6 min

Tesla stands to benefit from any removal of consumer tax credits on electric vehicle purchases. AdvertisementElon Musk supports a Trump plan to end tax credits of up to $7,500 for electric vehicle purchases. On Thursday, Reuters reported that Trump plans to end the EV tax credit, with support from Tesla representatives. In October, the Alliance for Automotive Innovation, an industry group representing Ford, GM, Honda, Toyota, and others, urged Congress to keep the tax credits. While Musk supports cutting the EV tax credit, reports of its potential demise appear to have spooked investors.

Persons: Tesla, Elon Musk, EVs, —, Elon, Musk, Trump, Kelley, Dan Ives, Joe Biden's, It's, Vaibhav Taneja, Benjamin Zhang Organizations: Service, US, Reuters, Ford, Tesla, Republican, BMW, Honda, Hyundai, Alliance for Automotive Innovation, GM, Toyota, Politico Locations: Detroit, Mexico

House Republicans’ razor-thin victory was propelled by Trump’s decisive win over Vice President Kamala Harris in both the Electoral College and the popular vote. So far, Republicans have captured the 218 seats needed to secure the majority to Democrats’ 208 seats. Last week, Republicans flipped three Democratic Senate seats to win control of the upper chamber. They were among the 18 GOP House districts that President Joe Biden carried in 2020. Democratic challenger George Whitesides also ousted vulnerable GOP Rep. Mike Garcia in Southern California.

Persons: Donald Trump, House Republicans ’, Trump’s, Kamala Harris, Hakeem Jeffries, Mike Johnson, Brandon Williams, Anthony D’Esposito, Marc Molinaro, Joe Biden, George Whitesides, Mike Garcia, Rob Bresnahan, Matt Cartwright, Trump, Ryan Mackenzie, Susan Wild, Scott Perry, Janelle Stelson, Perry, Elissa Slotkin, Gabe Evans, Yadira Caraveo, Sen, Lindsey Graham, It’s, Johnson, Elise Stefanik, Mike Waltz, Kevin McCarthy of, —, Steve Scalise, Tom Emmer, ” Johnson, “, ” Organizations: WASHINGTON, NBC News, Republican, Trump, House Republicans, Electoral College, Democrats, Republicans, ’, Democratic, GOP, Keystone State, Freedom, Democratic Rep, Affordable, New, New York Republican, White Locations: Washington, America, New York, Syracuse, Long, Hudson, Southern California, battlegrounds, Pennsylvania, Michigan, Keystone, Allentown, Harrisburg, Denver, Florida, Kevin McCarthy of California, Louisiana, Minnesota

Mortgage rates continued to climb last week as investors considered the future of the economy under a Trump presidency. The mortgage market basically took a breather. “Mortgage rates continued to increase last week, driven by higher Treasury yields as financial markets digested the likely impacts of a Trump presidency,” said Joel Kan, the Mortgage Bankers Association’s deputy chief economist. Last year at that time, mortgage rates were 75 basis points higher. “FHA mortgage rates bucked the overall trend and were lower over the week, which likely helped some borrowers,” Kan said.

Persons: Trump, ”, Joel Kan, Kan, ” Kan, Matthew Graham Organizations: Mortgage, “, Trump, Federal Housing Administration, U.S . Department of Veterans Affairs, Veterans, Mortgage News

☆ Prince William wants to put a smaller 'r' in royal. Here's what that means.
▼ + stars: | 2024-11-12 | by ( Hannah Peart | Hannah Peart Is An Intern In The Nbc News London Bureau. | ) www.nbcnews.com time to read: +4 min

LONDON — The "r" in royal will soon exclusively be lowercase — in spirit, at least. William added: “And I’m also going to throw empathy in there as well, because I really care about what I do. But, you know, if you look less royal, then what’s the point of being a royal?” Smith said. He was joined by William and Princess Kate, who has slowly returned to public duties following her treatment for cancer. Queen Camilla missed the occasion after falling ill with a chest infection that forced her to withdraw from public duties.

Persons: Prince William, King Charles III, Princess Diana, ”, Queen Elizabeth II, William, I’m, ” William, Prince, Wales, Daisy McAndrew, “, Graham Smith, Prince Harry’s, Harry, ” Smith, McAndrew, ” McAndrew, Smith, “ It’s, It’s, Charles, Princess Kate, Queen Camilla Organizations: “, Sky News, NBC, Commonwealth Locations: British, South Africa, Cape Town, United States, Britain, Kensington, London, United Kingdom

☆ Airbnb CEO says most employees don't want full autonomy at work — and those that do should start their own companies
▼ + stars: | 2024-11-12 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

I think their actions don't say the same thing," he told Fortune. Chesky, who inspired the term "founder mode," says those seeking autonomy should be entrepreneurs. The Airbnb CEO recently spoke with Fortune about the "founder mode" model of leadership. But I don't think people for the most part want to be disintegrated. AdvertisementHe said that his operating in founder mode "flies in the face of everything we're taught about modern leadership."

Persons: Fortune, Chesky, —, Brian Chesky doesn't, Paul Graham, Graham, Airbnb, he'd, they're, we're, Steve Jobs, Walt Disney, Jensen Huang, Elon Musk Organizations: Service Locations: America

☆ ‘Venom 3’ leads box office again, A24’s ‘Heretic’ scares up $11 million bebut in sleepy weekend
▼ + stars: | 2024-11-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +5 min

“Venom: The Last Dance” is looming over the domestic box office in its third weekend of release. As a result, overall domestic box office revenues remain down more than 11% from 2023 and nearly 27% from 2019, according to Comscore. “Heretic,” featuring “Notting Hill” star Hugh Grant playing against type as a villain, notched third place with $11 million from 3,221 venues. The well-reviewed family film has endured at the box office with minimal week-to-week drops (this weekend was down only 11%), earning $130.2 million domestically and $292 million worldwide so far. Ticket sales declined 52% from its soft $5 million debut, bringing the Robert Zemeckis-directed film to $9.3 million domestically.

Persons: “, ”, Hill, Hugh Grant, Sophie Thatcher, Chloe East, Grant, Critics, David A, Gross, Dallas Jenkins, Judy Greer, Pete Holmes, Lauren Graham, Tom Hardy, Eddie Brock, ” Gross, Dwayne “, ” Johnson, Paramount’s “, ” “, Tom Hanks, Robin Wright, Robert Zemeckis, Ralph Fiennes, Paul Dergarabedian Organizations: Rotten, Entertainment Research, Sony Pictures, Everett, Universal, DreamWorks, Miramax, Sony Locations: Hollywood, North America, New York

☆ Meet the Press – November 10, 2024
▼ + stars: | 2024-11-10 | by ( ) www.nbcnews.com time to read: +56 min

ANNOUNCER:From NBC News in Washington, the longest-running show in television history, this is Meet the Press with Kristen Welker. In a Meet the Press interview during his 2016 run, he suggested that his insurgent bid could generate cross-party appeal. AMY WALTER:Yeah, and the other thing that, you know, Democrats have been dining off the anti-Trump coalition now since 2017. RAMESH PONNURU:I think Democrats wildly overestimated the power of the abortion issue to drive candidate choice as opposed to referendum. There would be pressure on the president, President Biden, to not run for reelection.

Persons: KRISTEN WELKER, DONALD TRUMP, PRES, JD VANCE, Donald Trump, KAMALA HARRIS, Kamala Harris, JOE BIDEN, John Barrasso of, Bernie Sanders, Garrett Haake, Amy Walter, Ramesh Ponnuru, María Teresa Kumar, it’s, Kristen Welker, Trump, SEN, TED, JOHN MORENO, JD Vance, MIKE JOHNSON, Biden, they've, NANCY PELOSI, Kamala, DEBBIE DINGELL, RITCHIE TORRES, DAVID AXELROD, ALEXANDRIA OCASIO, unquote, JON FAVREAU, Joe Biden's, JON LOVETT, Joe Biden, “, “ It's, … they're, I'm, Steve Kornacki, STEVE KORNACKI, Kristen, ”, Trump's, That's, You've, Donald Trump's, Harris, Barack Obama, John McCain, it's, Steve, They're, you've, Barrasso, Press . SEN, JOHN BARRASSO, Bill Clinton “, ” Donald Trump, JOHN, We've, He's, we've, that's, Lindsey Graham, He'll, Robert F, Kennedy Jr, Trump hasn't, Susie Wiles, we're, President Trump, John Kennedy, Bobby, Sanders, BERNIE SANDERS, Let's, Nancy Pelosi, I’m, James Carville, JAMES CARVILLE, I've, Sotomayor, Garrett, he's, GARRETT HAAKE, John Barrasso, Paul Ryan's, Amy, AMY WALTER, – KRISTEN WELKER, It's, –, María Teresa, David Noriega, Mario, DAVID NORIEGA, MIREYA ALVAREZ, MARIO ALVAREZ, MARÍA TERESA KUMAR, Ramesh, RAMESH PONNURU, Richard Nixon, Aaron Burr, didn't, he'd, They've, TERESA KUMAR, María, – MARIA TERESA KUMAR, Dobbs, should've, Harris would've, ” KRISTEN WELKER, We'll Organizations: Republicans, Senate, Vermont, NBC, Capitol Hill, National, Press, NBC News, Arizona, Democratic, Republican, REP, Twitter, Trump, Republican Senate, Supreme, White, National Political, Republican Party, Democratic Party, Biden, Senate Republican, Press ., Trump's, United States Senate, Justice Department, Democrat Party, Security, Social Security, FDR, they're, California, Mr, Trump swiped, Democrats, –, Veterans Locations: United States of America, United States, John Barrasso of Wyoming, Washington, American, ALEXANDRIA, CORTEZ, USA, America, California, New York, Wisconsin, Madison , Wisconsin, Milwaukee County, Harris, Arizona, Pennsylvania, Mexico, Vermont, Nancy, Congress, U.S, Texas –, Texas, Philadelphia

☆ Calmer winds help firefighters make progress against California's Mountain Fire
▼ + stars: | 2024-11-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +5 min

Calmer winds helped California firefighters battle the once out-of-control Mountain Fire on Friday as they continued to defend homes from the destructive blaze, officials said. Evacuation orders have been lifted for at least two communities near the Mountain Fire in Ventura County, sheriff’s Sgt. Ventura County Fire Department firefighters work to extinguish hotspots at a home that was destroyed in the Mountain Fire, in Camarillo, Calif., on Friday. The blaze destroyed 132 structures through Thursday, and 10 people have been reported injured, according to Ventura County Fire Department spokesperson Andy VanSciver and Ventura County Sheriff James Fryhoff. Firefighters used their trucks to get some residents away from the looming flames, Ventura County Fire Capt.

Persons: Sgt, Monica Smith, Ventura, Mario Tama, Moorpark, Smith, Andy VanSciver, Ventura County Sheriff James Fryhoff, Etienne Laurent, Jessica Graham, Trevor Johnson, Gavin Newsom, Ryan Kittell, Kittell Organizations: Ventura County Fire Department, Getty, California Department of Forestry, Cal Fire, Ventura County Animal Services, Ventura County Fire, Ventura County Sheriff, AFP, NBC, Firefighters, Southern, Edison, Emergency Management Agency, Ventura, Air Pollution Control, Ventura Family, National Weather Service Locations: California, Ventura County, repopulation, Camarillo, Calif, Santa Susana, Santa Paula, Los Angeles, Camarillo Heights, Somis, NBC Los Angeles, Conejo, Simi Valley, Ventura

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