The spring housing market is on, but mortgage rates just shot higher. Here’s what to know.
[ad_1] A realtor gives neighbors a tour during an open house at a home in Palm Beach Gardens, Florida, on Jan. 11, 2026. Zak Bennett | Bloomberg | Getty Images Spring is traditionally the busiest season for home sales, and while this year’s market dynamics have shifted strongly in favor of buyers, broader forces in […]
FDA approves higher dose version of weight loss drug Wegovy as Novo Nordisk tries to win back market share
[ad_1] The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, Copenhagen, Denmark, Feb. 4, 2026. Tom Little | Reuters The Food and Drug Administration on Thursday approved a higher-dose version of Novo Nordisk‘s blockbuster weight loss injection Wegovy, as the company pushes to win back market share from […]
Eli Lilly’s next-generation obesity drug retatrutide clears first late-stage diabetes trial
[ad_1] Eli Lilly on Thursday said its next-generation obesity drug retatrutide cleared its first late-stage trial on Type 2 diabetes patients, helping them manage their blood sugar levels and lose weight. The drug lowered hemoglobin A1c — a key measure of blood sugar levels — by an average of 1.7% to 2% across different doses […]
Mortgage refinance demand plunges 19% after interest rates shoot higher
[ad_1] In an aerial view, two-story single family homes line the streets on Jan. 14, 2026 in Thousand Oaks, California. Kevin Carter | Getty Images Mortgage rates last week jumped to the highest level since the end of last year, causing a crash in the growing refinance demand the market had been seeing at the […]
Tesla to buy $4.3 billion of LG Energy battery cells from disbanded GM plant
[ad_1] A Tesla Megapack battery at the Harmony Energy Ltd. and Fotowatio Renewable Ventures BV battery energy storage project near Burgess Hill, England, May 11, 2021. Chris Ratcliffe | Bloomberg | Getty Images Tesla is expanding ties with South Korea’s LG Energy Solution, striking a deal to buy $4.3 billion worth of battery cells for […]
Apartment concessions hit highest level in over a decade
[ad_1] Key Points Nationwide, 16.6% of stabilized apartments offered concessions in January, according to RealPage Market Analytics. That’s an increase from December as high supply and weakening renter demand dent the multifamily market. The average January discount was 10.7%, or roughly five weeks of free rent. A version of this article first appeared in the […]
NFL, Paramount discussing media deal that could mean CBS pays an extra $1 billion or more
[ad_1] NFL Commissioner Roger Goodell at the CNBC CEO Council in Arizona, May 19, 2025. Chris Coduto | CNBC The NFL and Paramount Skydance‘s renewal talks on a deal to keep the league’s Sunday games on CBS are beginning to take shape, CNBC has learned. NFL and CBS executives are negotiating a price increase, with […]
Mortgage rates surge to highest since September, hitting spring housing market
[ad_1] In an aerial view, two-story single family homes line the streets of neighborhood on Jan. 13, 2026 in Thousand Oaks, California. Kevin Carter | Getty Images Mortgage rates surged to their highest level since September on Friday as bond yields moved higher due to the war in Iran. The average rate on the 30-year […]
Blackstone’s BREIT is a major seller in January commercial real estate deals
[ad_1] A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. […]
Flights are already getting more expensive after jet fuel spike. When should you book?
[ad_1] Travelers wait in line at a Transportation Security Administration (TSA) checkpoint at William P. Hobby Airport in Houston, Texas, US, on Monday, March 9, 2026. Mark Felix | Bloomberg | Getty Images The surge in fuel prices since the U.S. and Israel attacked Iran nearly two weeks ago is already driving up airfare. Consumers’ […]