April 6, 2022
“…Total mortgage application volume fell another 6% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was down 41% from the same week one year ago. The average contract interest rate for… Continue Reading…
April 5, 2022
“Exxon Mobil Corp on Monday said its first-quarter results could top a seven-year quarterly record, with operating profits from pumping oil and gas alone of up to $9.3 billion. A snapshot of the largest U.S. oil company’s quarter ended March… Continue Reading…
April 5, 2022
“EDITOR’S NOTE: “Existing” homes for sale may be in short supply but, in contrast, “new” homes for sale are booming. Builders are ramping up production on new homes despite continuing labor shortages and supply issues. In fact, new homes are… Continue Reading…
April 4, 2022
“Outspoken Tesla CEO Elon Musk purchased a giant stake in Twitter that makes him the largest outside shareholder in the social media stock, not long after criticizing the company for what he said was its failure to uphold the tenets of free speech. Musk owns… Continue Reading…
April 4, 2022
“Ford Motor’s U.S. sales of new vehicles declined 17% during the first quarter, including a 26% slide last month, as the automaker continues to battle a global shortage of semiconductor chips. The automaker on Monday reported first quarter sales of 432,132… Continue Reading…
April 1, 2022
Raxxmorz.com is the main hub for content. Please share the articles. Make sure to subscribe as well. It’s completely free. You can also follow me on: Twitter and Linkedin. Feel free to leave any questions or comments. Also if you’re a… Continue Reading…
April 1, 2022
“Russian President Vladimir Putin is demanding foreign buyers pay for Russian gas in roubles from Friday or else have their supplies cut, a move European capitals rejected and which Germany said amounted to “blackmail”. Putin’s decree on Thursday leaves Europe… Continue Reading…
April 1, 2022
“…Nonfarm payrolls expanded by 431,000 for the month, while the unemployment rate was 3.6%, the Bureau of Labor Statistics reported Friday. Economists surveyed by Dow Jones had been looking for 490,000 on payrolls and 3.7% for the jobless level… The… Continue Reading…
March 31, 2022
“…Excluding food and energy prices, the personal consumption expenditures price index increased 5.4% from the same period in 2021, the biggest jump going back to April 1983. Including gas and groceries, the headline PCE measure jumped 6.4%, the fastest pace since January… Continue Reading…
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