Lower mortgage rates push home sales higher in September, but prices still stubbornly high

Home sales rose slightly in September, thanks to falling mortgage rates and more supply on the market, but prices are still gaining from a year ago.
Here’s where the economy is starting to show ‘K-shaped’ bifurcation

The Labor Department is scheduled to release a consumer price index report on Friday, delayed by the government shutdown.
Here are Thursday’s biggest analyst calls: Tesla, Microsoft, IBM, Netflix, Booking Holdings & more

Here are Thursday’s biggest calls on Wall Street.
American Airlines hires industry veteran to lead commercial team as profits trail rivals

Pieper, who has worked at Delta, Alaska and most recently at the Oneworld alliance.
NBA coach Chauncey Billups, player Terry Rozier arrested in gambling probes

Terry Rozier, a 10-year NBA veteran, joined the Miami Heat in 2024 from the Charlotte Hornets.
Core Scientific gets upgrade from Roth as CoreWeave deal becomes less likely

Roth Capital Partners believes that shares of Core Scientific could rally 27% from here.
Most potential homebuyers expect mortgage rates to drop. That’s why they’re waiting

Most real estate agents surveyed by CNBC listed affordability as the No. 1 reason why buyers are delaying their purchases.
Single-family rent growth just hit the lowest level in 15 years, new report finds

Rents for both single and multifamily homes are coming down, as more supply hits the market and demand weakens.
Defense giants Airbus, Thales and Leonardo announce space merger to rival Elon Musk’s Starlink

The companies’ CEOs labelled the plans “a pivotal milestone for Europe’s space industry.”
Alibaba prices AI glasses at $660 to rival Meta and launches ChatGPT challenger

The Quark AI glasses and chatbot product highlight an increasing area of focus for Alibaba — AI that is aimed at consumers.