Email Sign Up For Our Free Weekly Newsletter The average borrower saw home equity decline by $5,400 year over year in Q1 of 2023 Based on CoreLogic’s latest Homeowner Equity Report for the first quarter of 2023 shows that U.S. homeowners with mortgages (which account for roughly 63% of all properties) saw home equity decrease...
Tag: U.S.
Completed U.S. Home Foreclosures Spike 38 Percent in May
Email Sign Up For Our Free Weekly Newsletter Based on ATTOM’s newly released May 2023 U.S. Foreclosure Market Report, there were a total of 35,196 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 7 percent from a month ago and up 14 percent from a year ago. “The...
U.S. equity funds post biggest weekly outflow in 10 weeks By Reuters
© Reuters. A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. REUTERS/Andrew Kelly (Reuters) – U.S. equity funds had their biggest weekly outflow in 10 weeks in the seven days to June 7 as investors, worried about rising inflation and an economic...
U.S. Congress to consider two new bills on artificial intelligence By Reuters
© Reuters. FILE PHOTO: AI Artificial Intelligence words are seen in this illustration taken, May 4, 2023. REUTERS/Dado Ruvic/Illustration/ WASHINGTON (Reuters) – U.S. senators on Thursday introduced two separate bipartisan artificial intelligence bills on Thursday amid growing interest in addressing issues surrounding the technology. One would require the U.S. government to be transparent when using...
Peakview, a U.S. LP once backed by a Chinese firm, diversifies its own investor base
In the aftermath of Sequoia Capital’s big reveal earlier this week that its China- and India-based affiliates are spinning off into independent entities, we reached out yesterday to someone who we thought might have an opinion on the development. Erik Lassila is a former VC whose Silicon Valley-based fund of funds business, Peakview Capital, was...
Mexico still has ‘differences’ with U.S. on air safety rating, president says By Reuters
2/2 © Reuters. FILE PHOTO: Mexico’s President Andres Manuel Lopez Obrador attends a press conference, at the National Palace in Mexico City, Mexico June 5, 2023. REUTERS/Henry Romero 2/2 By Kylie Madry and David Shepardson MEXICO CITY/WASHINGTON (Reuters) -The U.S. and Mexico still have “differences” of opinion regarding Mexico’s recovery of a coveted air safety...
U.S. Supreme Court rejects bid to limit civil rights lawsuits By Reuters
© Reuters. FILE PHOTO: The U.S. Supreme Court building is seen in Washington, U.S., April 6, 2023. REUTERS/Elizabeth Frantz/File Photo WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday preserved the ability of people to sue for civil rights violations under an 1871 law as it rejected a bid to prevent an Indiana nursing home...
U.S. East Coast blanketed in eerie veil of smoke from Canada fires By Reuters
2/2 © Reuters. The Manhattan skyline is seen covered in haze and smoke caused by a wildfire in Canada, in New York, U.S., June 7, 2023. REUTERS/Amr Alfiky 2/2 By Tyler Clifford NEW YORK (Reuters) – Schools across the U.S. East Coast canceled outdoor activities, flights were halted and millions of Americans were urged to...
UK’s Sunak seeks stronger economic ties with U.S. on Washington trip By Reuters
3/3 © Reuters. British Prime Minister Rishi Sunak holds a huddle with political journalists on board a government plane as he heads to Washington, U.S., June 6, 2023. Niall Carson/Pool via REUTERS 2/3 WASHINGTON (Reuters) -Britain wants to put its economic ties with the United States on the same footing as the two countries’ defence...
Mexico president to meet with U.S. transport chief to discuss air safety rating By Reuters
© Reuters. FILE PHOTO: Mexico’s President Andres Manuel Lopez Obrador attends a press conference, at the National Palace in Mexico City, Mexico June 5, 2023. REUTERS/Henry Romero MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said Wednesday he would meet later in the day with the U.S. Transportation Secretary, appearing to refer to...