Mortgage demand drops nearly 10% to end 2025
Homes in Hercules, California, US, on Wednesday, Nov. 12, 2025. David Paul Morris | Bloomberg | Getty Images Mortgage rates moved lower to end 2025 and start 2026, but that did little to pull demand back to the market. For the week ended Jan. 2, 2026, total mortgage application volume Continue Reading
eVTOL maker Joby buys new factory, doubling manufacturing footprint
An electric air taxi by Joby Aviation sits at the Downtown Manhattan Heliport in New York City, Nov. 12, 2023. Roselle Chen | Reuters Joby Aviation on Wednesday said it bought a 700,000-square-foot manufacturing facility in Dayton, Ohio, as the air taxi maker gears up to meet its production goals Continue Reading
Commercial real estate could shift as Americans move to new places
An aerial view of downtown Raleigh from the warehouse district. Kenny Mccartney | Moment | Getty Images 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, Continue Reading
Stocks making the biggest moves premarket: MBLY, GME, CVX
Check out the companies making headlines before the bell: Mobileye — The self-driving systems stock jumped about 11% after the company said it would buy humanoid robot maker Mentee for $900 million. GameStop — Shares rose 2% after the company unveiled its compensation package for CEO Ryan Cohen that included Continue Reading
WBD rejects Paramount offer again in favor of Netflix deal
An American flag flies at Warner Bros. Studio in Burbank, California, on Sept. 12, 2025. Mario Tama | Getty Images The Warner Bros. Discovery board on Wednesday once again unanimously recommended that WBD shareholders reject a hostile takeover offer from Paramount Skydance. The board said it continued to believe the Continue Reading
Euro zone inflation hits 2% in December, in line with forecasts
Downtown Amsterdam Jacobh | E+ | Getty Images Euro zone inflation stood at 2% in December, flash data from Eurostat showed on Wednesday. Economists polled by Reuters had expected the inflation rate to cool to 2%, in line with the European Central Bank’s (ECB) target. In November, the inflation rate Continue Reading
Indian state refiners are still buying Russian oil despite Trump’s tariff threat
An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images State-owned refiners in India are still buying Russian oil, even as New Delhi seeks relief from U.S. tariffs imposed for those purchases, according to energy analysts. The U.S. imposed a “secondary” 25% Continue Reading