US Previously Owned Home Prices Fall for First Time Since 2012
The median sales price of a previously owned US home slid in February for the first time since 2012, offering some relief for buyers still faced with high borrowing costs.
Bloomberg Business
Rudy Giuliani Has a Whole Lot of Excuses in Election Worker Defamation Suit
Rudy Giuliani and his lawyer appeared before a judge Tuesday to explain last-minute canceled depositions and delays turning over evidence in a defamation case brought by two Georgia election workers against former President Donald Trump’s longtime adviser.
Biden Creates New Monuments in Bid to Boost Conservation Record
President Joe Biden established two new national monuments and ordered a government review that could significantly expand protected waters around remote Pacific Ocean islands, as he looks to burnish his record on conservation after approving an oil drilling project in Alaska.
Ark’s Cathie Wood Sees Silver Lining in $2 Billion Loss
Cathie Wood highlighted one silver lining of the brutal run her exchange-traded funds suffered through last year: those billions of dollars in losses will help offset future tax bills on gains.
Riskiest Bank Bonds Rise as Regulators’ Assurances Resonate
Banks’ riskiest bonds advanced globally on Tuesday after panic subsided, and investors heeded regulators’ assurances that the wipeout in Credit Suisse Group AG’s Additional Tier 1 notes wouldn’t happen in their jurisdictions under similar circumstances.
Morocco Hikes Rate to Extend Tightening Cycle to New Record
Morocco raised its benchmark interest rate to 3%, extending a rare monetary-tightening cycle to a record length to counter the fastest inflation in decades.
BT Accused of Stifling Competition by Broadband Network Rivals
BT Group Plc has been accused by smaller rivals of threatening competition in Britain’s broadband market, with one calling for a full breakup of the former state monopoly.
Swiss Suspend Some Credit Suisse Bonuses After UBS Takeover
The Swiss government said it’s temporarily suspending certain kinds of bonus pay for Credit Suisse Group AG staff following the state-brokered takeover of the bank by rival UBS Group AG.
Black Londoners Six Times More Likely to Be Murdered Than White People
Black people are nearly six times more likely to be murdered in London than White people, according to a new report that found evidence of institutional racism in the capital’s police force.
Bomb Threat Called In to New York Court Where Trump Hearing Held
A bomb threat was called in just as a judge in lower Manhattan was about to start a hearing over a $250 million lawsuit by New York Attorney General Letitia James against Donald Trump.
