As home prices rise, parents want to give money to their kids. Here's how to save on taxes when doing it, financial experts say.
As homeownership gets harder, more buyers are getting down payment help. What parents should know
Source: CNBC
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House committee says Webull messages point to China access to U.S. customer data
The House Select Committee on China earlier this month said online investing platform Webull is quietly "tied in structural ways" to China's government.
CNBC
Mortgage rates drop for the first time in 2 months, but demand still falls further
Mortgage rates finally came down a little, but borrowers are still having trouble getting into the housing market.
The Guardian2 outlets
Stratford International finally to have international trains in budget boost
Sadiq Khan says upgrade would unlock station’s true potential and allow it to live up to its name Business live – latest updates Stratford International train station in east London will receive funding in next week’s budget, according to reports, putting it on track to live up to its name and become a hub for cross-Channel services. London’s mayor, Sadiq Khan, has been making a case to ministers for funding to upgrade the station to allow it to start running international rail services. Continue reading...
CNBC
SpaceX up over 8% in premarket after earnings beat and Musk hints at Tesla tie-up
SpaceX shares jumped after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX-Tesla merger.
The Guardian
Total UK government debt hits £3tn for first time while inflation jumps to highest in nearly a year – business live
French government bond yields highest since 2002 as country rocked by protests; UK approves controversial North Sea gasfield Jackdaw The approval of Jackdaw is an “important step” for the North Sea, according to Shell . The UK energy giant jointly owns Jackdaw operator Adura , which is headquartered in Aberdeen, together with Norway’s Equinor . This is an important step in ensuring the UK North Sea can continue to contribute to the country’s energy security and economy. Long-term energy projects depend on a competitive and stable investment environment, alongside timely and predictable regulatory decisions. Continue reading...
CNBC
French 10-year bond yield hits 5% for first time since 2002 amid unrest
France is grappling with intense pressure to slash spending, while trying to quell violent protests demanding the government spends more.