After a huge jump, mortgage refinance demand pulled back sharply last week, likely because borrowers were less worried about rising rates. Read Article
After a 50 basis point rate cut in August, New Zealand's central bank stayed on hold in November because it felt it had been quite decisive and "got ahead of the game," says Christian Hawkesby, assistant governor of the Reserve Bank of New Zealand. Read Article
It's unlikely for Hong Kong to go back to "normal," but from a business point of view, it's unlikely that the unrest in Hong Kong will undermine the long-term future for the city as an offshore business center for China, says Clive McDonnell of Standard Chartered Private Bank. He also says he's "comfortable" with buying good-quality Hong Kong stocks on weakness. Read Article
Gillian Tans of Booking.com says growing home-sharing listings is a "huge focus" for the company. She also weighs in on how the firm competes with local platforms such as Tujia. Read Article
The nation's single-family homebuilders are feeling very positive about their business, but a monthly sentiment indicator fell in November from a recent high. Read Article
WeWork could lay off as many as 6,000 employees as part of painful cost-cutting measures to turn its business, the New York Times reported. Read Article
Henry Blodget of Business Insider and Roger McNamee of Elevation Partners join "Squawk Alley" to discuss the mounting struggles at WeWork as the company reports its losses have doubled. Read Article
The bill is the latest effort by the Democrats to bring Green New Deal policies into housing policy. It would retrofit 1 million units of federally owned housing. Read Article
Thu, 14 Nov 2019 08:04:00 PST
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