Homebuyers benefited from another week of falling mortgage rates, with the average rate dropping for the fourth week in a row, according to data from Freddie Mac released Thursday. Source: CNN
Regulators and investors are concerned about 'vulnerabilities' in another sector that accounts for just under half of the world's total financial assets
The International Monetary Fund warned this week of “vulnerabilities” among so-called non-bank financial institutions, saying global financial stability could hinge on their resilience. The Bank of England called attention to the same issue last month. Source: CNN
Southwest Airlines' CEO got 75% pay hike ahead of service meltdown
Bob Jordan, who took over as CEO of Southwest Airlines in February 2022, just 10 months before the airline’s epic holiday travel service meltdown, got a 75% pay hike last year. Source: CNN
'We're at a tipping point:' What to expect from the jobs report on Friday
The US labor market has kept trucking right along even as other areas of the economy have slowed. Source: CNN
The US economy is unwell. April could be a cruel month
After months of a remarkably strong US labor market and economy, everything seems to be slowing down. Source: CNN
Trump was warned not to make comments that could 'jeopardize the rule of law' or create civil unrest, but he did criticize the judge and DA last night
• In pictures: The indictment of Donald Trump Source: CNN
POINT | Opinion: Why the Manhattan district attorney's case against Trump is so weak
For good reason, we say that no person is above the law. So it is essential that prosecutors hold former President Donald Trump accountable for any potential misconduct. And there is plenty to try to hold Trump accountable for: his role in the violent attack on the US Capitol and on our democracy on January 6, 2021, his other apparent …
Fed projects about 1.5 million people could lose jobs by the end of this year
Millions of jobs could be on the chopping block this year, as the Federal Reserve continues its rate-hiking campaign to tame inflation. But the effects of that action likely won’t reverberate evenly across the economy. Source: CNN
Haberman reveals why Trump attacked judge in speech
CNN political contributor Maggie Haberman explains the reasoning behind Donald Trump’s attacks on the judge and his family during a speech at his Mar-a-Lago resort after he was arraigned on felony charges. Source: CNN
COUNTERPOINT | Opinion: Alvin Bragg was right to prosecute Donald Trump
This week brought an unprecedented event in American history — the first criminal charges against a former president. Manhattan District Attorney Alvin Bragg unveiled an indictment against Donald Trump with 34 counts of violating New York State’s law against maintaining false books and records by concealing hush money payments to his alleged former mistress, adult film actress Stephanie Clifford, also …