Mortgage rates are still uncomfortably high for many would-be homebuyers and sellers, but recent declines have contributed to a significant boost in demand for refinancing. The Mortgage Bankers Association (MBA) reported Wednesday that refinancing applications soared 35% last week, when rates for the average 30-year and 15-year fixed-rate mortgages hit…

Shortly after the opening bell, we will be exiting our position in Estee Lauder , selling 330 shares at roughly $96.30 Following the trade, Jim Cramer’s Charitable Trust will no longer own a position in EL. We’re selling our remaining small position in Estee Lauder. Shares are slightly higher in…

LONDON — British tech entrepreneur Mike Lynch is missing after the sinking of a superyacht off the coast of Sicily, sources familiar with the matter told CNBC.The sources, who preferred not to be named due to the sensitivity of the situation, said that Angela Bacares, Lynch’s wife, was confirmed as…

The Canadian owner of Circle K convenience stores has made a bid to buy 7-Eleven in what would be the biggest foreign takeover of a Japanese company on record and the largest cross-border acquisition this year. In a statement Monday, Seven & I Holdings, the operator of 7-Eleven, confirmed it…

Although the stock market has recovered nearly all the losses from the recent selloff, and fresh economic data has eased concerns of a recession, a cautious stance remains appropriate in the current environment. This makes investments with a quality approach a simple and efficient alternative at this moment, as they…

Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.Ukraine’s incursion into Russia aims to establish a “buffer zone” to prevent cross-border attacks into Sumy in Ukraine by Moscow’s army, President Volodymyr Zelenskyy said, as Kyiv’s forces blew up a…

Democrats this week will enshrine one of the most audacious power plays in modern political history as they gather for a convention that was hastily reconfigured to try to vault Kamala Harris to a historic presidency. It begins with adulation for President Joe Biden, who will speak Monday night to…

Imagine this: You’re retired, lounging in your favorite chair, feet up, sipping something chilled as the sun sets. Your home is clean, everything is organized, the laundry is neatly folded, the trash has been put out for tomorrow’s pickup, and to make the day even better, you can smell your…

Investors may want to consider buffer ETFs to hedge the recent market volatility.Bruce Bond, CEO of Innovator ETFs, sees an opportunity in buffer exchange-traded funds to offer some protection from the market’s downside.”This [strategy] fits a group of people that are interested in getting exposure to the market, but not…

The abundance of Walgreens and CVS Health stores makes them convenient for whenever Shriya Raghavan, a research associate based in Philadelphia, needs to pick up necessities like gum, deodorant and soap. But she said she often has to wait for employees to unlock cabinets or stand in lengthy lines to pick…