Deira Trading Company

Mortgage rates at 23-year high, but home buyers are adjusting

The numbers: Home buyers appear to have adjusted to higher rates, as mortgage applications rose in the latest week despite rates staying put. Rates were unchanged from last week, staying at the highest level in 23 years, as the market remained uncertain about the U.S. Federal Reserve’s plans to hike interest rates in the near […]

Home prices rise in July, but may be on the verge of cooling off

After rising steadily since January, home prices may now be turning lower again. The latest read on home prices shows they hit another all-time high in July, rising 2.3% from the same month last year, according to Black Knight. That’s a bigger annual gain than the roughly 1% recorded in June, and August’s annual comparison […]

When to wear masks as cases rise, new variants emerge in U.S.

Michael Nason, 29, left, and Donna Nason, 25, right, both of Bakersfield are wearing a face mask in Union Station on Thursday, Aug. 31, 2023, in Los Angeles, CA. COVID-19 making a comeback in California. Francine Orr | Los Angeles Times | Getty Images An uptick in Covid cases and hospitalizations in the U.S., and […]

Taylor Swift Eras Tour concert film record first-day ticket sales

Taylor Swift performs in Denver during her Eras Tour, July 14, 2023. Tom Cooper/tas23 | Getty Images Entertainment | Getty Images … Ready for it? In less than 24 hours on the market, ticket sales for Taylor Swift’s Eras Tour concert film have already broken records. Fandango reported Friday that the singer’s film ranks in […]

Hollywood sheds 17,000 jobs in August amid strikes

Actor Karen Brown walks the picket line with fellow SAG-AFTRA actors and Writers Guild of America writers in front of Paramount Studios in Los Angeles, July 17, 2023. Mike Blake | Reuters Hollywood’s labor pool is taking a hit as the dual strikes by actors and writers drag on. The film, TV and music sectors […]

Walgreens CEO Roz Brewer steps down with stock at decade-and-a-half low

Walgreens CEO Rosalind Brewer agreed to step down after 2½ years in the role. Walgreens Boots Alliance Inc. Shares of Walgreens Boots Alliance Inc., having closed a day earlier at a 14-year low, slumped a further 7.4% on Friday, as the drugstore chain and healthcare-services company said Chief Executive Rosalind Brewer had stepped down after […]

Charter puts media companies on notice in bid to save pay-TV bundle

In this photo illustration, the Charter Communications logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Charter Communications CEO Chris Winfrey wants the pay-TV bundle to live. He also thinks the industry should get on board with a new model. The CEO of one of the largest […]

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