In This Article The April Consumer Price Index (CPI) report came out Wednesday morning, and the results aren’t quite as encouraging as those hoping for interest rates to drop this year would like. The Federal Reserve’s target of inflation levels below 2% still seems far off, with the overall inflation rate ticking up by 0.3% [...]read moreInflation Eases Slightly in April But Still Holds Above 3%
The refi market continues to be anemic as higher rates are persisting, with refi volume dropping 3.4% compared to the prior month. Seven of the top nine lenders recorded gains in April, with Plaza Home Mortgage, Liberty Reverse Mortgage/PHH and Guild Mortgage standing out for their gains between 36% and 48%. When asked about whether [...]read moreReverse mortgage volume and HMBS issuance improve in April
Nintendo has thrown Switch players a long-awaited bone alongside announcing its end-of-year financials results, confirming the console’s successor will be unveiled before April, 2025. Nintendo President Shuntaro Furukawa said that a next-generation Nintendo Switch console will be announced “within this fiscal year” — giving the Japanese gaming giant a deadline of March 31st, 2025. That [...]read moreSwitch 2 will be revealed before April 2025, promises Nintendo
The reports that have come out so far about UK retail sales for April haven’t been remotely encouraging. So what did two key releases on Tuesday show? Mainly more of the same, unfortunately. Photo: Pixabay The Barclays consumer spending report (which covers all consumer spending rather than just retail) and the BRC-KPMG report that’s all [...]read moreShoppers shun fashion in damp April say retail reports
Proton has announced that it sold 11,025 units (domestic and export) in April 2024, a 12.96% decrease (or 1,641 units) from the 12,666 units it delivered in March. The month’s numbers are however a 17.1% improvement over the same month in 2023, when it sold 9,415 units. Sales for the first four months of the [...]read moreProton sold 11,025 units in April 2024 – 18.7% market share, X50 regains top spot in B-segment SUV sales
Proton hari ini mengumumkan bahawa ia telah menjual sebanyak 11,025 unit kenderaan untuk pasaran domestik dan eksport bagi bulan April 2024. Angka tersebut membolehkan syarikat itu merekodkan pertumbuhan jualan sebanyak 17.1% berbanding bulan sama tahun lalu yang mencatatkan jualan sebanyak 9,415 unit kenderaan. Dengan jumlah yang dicatat itu juga membolehkan jualan kumulatif tahunan Proton bagi [...]read moreJualan Proton April 2024 naik 17.1%; X50 dan S70 paling laris dalam segmen masing-masing
Rates have been in retreat as bond market investors who fund most mortgage loans react to the latest economic news and scaleback in tightening by Fed policymakers. At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will [...]read moreMortgage Rates Ease For Third Day On Soft April Jobs Report
The U.S. economy added 175,000 jobs in April, less than in March and below what economists had expected. April’s rate also fell below the average monthly gain of 242,000 over the prior 12 months. Meanwhile, the change in total nonfarm payroll employment for March was revised up by 12,000, from 303,000 to 315,000, according to [...]read moreU.S. hiring slowed in April, missing estimates
Here we go again. It seems no kind of feel-good factor has yet worked its way into the minds of UK consumers with the latest BDO High Street Sales Tracker showing April retail sales in physical stores down for a fifth successive month. Public domain And it came with a warning of more store closures. [...]read moreUK retail sales struggled in April, fashion was worst category
There is a great deal of news to report this month from the world of luxury travel. Whether its cutting-edge marina developments, a new sustainable resort in the Caribbean or a whole new Michelin grading system for accommodation rather than restaurants… and a whole lot more besides. Read on to learn about some interesting developments [...]read moreLuxury travel news from around the world (April 2024)