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FBC Mornings July 3, 2024

Wednesday october 4, 6 00 a. M. On the east coast. Today remote on capitol hill gop lawmakers meeting all day to discuss who will take over for Kevin Mccarthy after the california congressman was ousted from his position yesterday as democrat side with a republican to lead the motion to vacate the speakers chair. The one thing i will tell you, doing the right thing isnt always easy but it is necessary. I may have lost about today but as they walked out of the chamber i feel fortunate to observe the American People. I will not run for speaker again. I will have the conference pick somebody else. I hope you realize every day i did the job regardless whether you underestimated me or not. Maria the impact on the markets, the academy and policy coming up as investors this morning are focused on spiking Interest Rates, another ....

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Apple's high-yield savings accounts brought in over $10 billion worth of deposits

Apple revealed Wednesday that the total number of deposits that the high-yield savings accounts, which it offers with Goldman Sachs, have brought in was more than $10 billion. ....

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Mortgage rates climb for third week on threat of sticky inflation

Mortgage rates continued their climb as inflation woes persist. The Federal Reserve's successive interest rate increases brought down inflation, however price acceleration is still above the central bank's target, causing borrowing costs to skyrocket. ....

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Home purchase applications plunge to 28-year low as mortgage rates jump

Mortgage applications tumbled more than 18% last week, the biggest monthly drop since 2015, as rates climb higher and home prices remain abnormally high. ....

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