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New York City · New YorkTwo more insurance companies are ending property insurance coverage in California, adding to the growing list of insurers fleeing the state in what has become an escalating crisis.Tokio Marine America Insurance Co. and Trans Pacific Insurance Co., both owned by Japanese firm Tokio Marine Holdings Inc., filed notices to California's Department of Insurance saying the companies would cease offering homeowners insurance and umbrella policies in the…See the Story
California loses 2 more property insurers in growing crisis
100% Right coverage: 1 sources
Devin Nunes · New YorkFormer President Donald Trump's newly public Trump Media & Technology company may be the target of market manipulation, CEO Devin Nunes alleged in a letter to Nasdaq CEO Adena Friendman on Friday. Shares of the stock, which are listed on the Nasdaq under the ticker D-J-T, have seen extreme swings since going public on March 26. "Reports indicate that, as of April 3, 2024, DJT was ‘by far’ ‘the most expensive U.S. stock to short,’ meaning that …See the Story
Trump Media flags Nasdaq on possible short-selling of shares
100% Right coverage: 1 sources
Devin Nunes · New YorkTrump Media and Technology, backed by Donald Trump, may be the target of market manipulation, according to CEO Devin Nunes who wrote a letter to Nasdaq CEO Adena Friedman on Friday. He alleges shares of the social media company, which trade under the ticker DJT, have been the target of short selling. This is when an investor makes a bet shares will fall. The former president is the largest single shareholder in the company. The stock, which went…See the Story
Trump Media and Technology Group CEO letter to Nasdaq: Read Here
100% Right coverage: 1 sources
New York City · New YorkThe interest rate on a 30-year fixed-rate mortgage is 7.500% as of April 19, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.625%, which is also unchanged from yesterday.With mortgage rates changing daily, it’s a good idea to check today’s rate before applying for a loan. It’s also important to compare different lenders’ current interest rates, terms, and fees to ensure you get the best de…See the Story
Today's 15- and 30-year mortgage rates hold steady | April 19, 2024
100% Right coverage: 1 sources
New York City · New YorkThe cost of buying a new house just hit a fresh record as mortgage rates rose to the highest level this year, according to a new report.Findings from Redfin show the combination of steep mortgage rates and elevated home prices has pushed the median monthly housing payment to a record $2,775 – an 11% increase from the same time last year."Market conditions for homebuyers remain challenging with few homes listed and costs for ownership still climb…See the Story
The cost of buying a house hit another record high as mortgage rates spike again
100% Right coverage: 1 sources
Tesla · New YorkLong before his viral TikTok career revved up, Daniel Macdonald — better known as @itsdanielmac across social platforms — had his finger on the car world’s pulse.Over the past three years, Macdonald has been driving a "slightly used" 2019 Tesla around the Los Angeles area and recently told Fox News Digital the electric vehicle (EV) market has some growing pains to work out."There's still some issues with the [mileage] range. I think that's proba…See the Story
TikTok star deserted by Tesla unveils 'root of the problem' with EVs
100% Right coverage: 1 sources
Narendra Modi · DelhiAs Indians start casting votes in the 44-day election that started Friday, Indian Prime Minister Narendra Modi and billionaire entrepreneur Elon Musk will meet, with reports indicating that Musk will announce an investment of $2 billion to $3 billion in the country."I don't think Mr. Musk is going to make a huge impact, positive or negative, on Mr. Modi, but [his visit’s] going to solidify Modi as someone who's able to attract the world's fancie…See the Story
Modi doesn't need Musk to win elections, but billionaire's visit a boon for India, expert says
100% Right coverage: 1 sources
