"Please, Please, Please": Denmark's Energy Minister Begs Citizens To Stop Driving As Global Energy Shock Spreads

Map Shows Homebuilders Pulling Back Nationwide "Given Limited Visibility To Demand" Even as homebuilders offer mortgage-rate buydowns, closing-cost incentives, and upgraded amenities to attract buyers on the sidelines, clouds of uncertainty continue to build over the housing market. New U.S. single-family permit activity fell again in January, highlighting yet more caution among builders ahead of the spring selling season as they respond to softer demand. Goldman analysts, led by Susan Maklari, provided clients on Friday with a snapshot of homebuilders across America and a housing heat map suggesting continued sluggishness across...

Waste Of The Day: Stolen Education Grants Authored by Jeremy Portnoy via RealClearInvestigations, Topline: A North Dakota woman was convicted last month of five counts of theft for stealing $131,000 in state grants meant for after-school programs. Key facts: Faith Dixon, 47, was one of the top recipients of $2 million that the North Dakota Department of Public Instruction awarded in October 2021 for its Out of School Time program to support children impacted by school closures during the Covid-19 pandemic. Her nonprofit, Faith4Hope, instead sent the funds to her then-husband's food stand,...

Futures Rebound, Oil Pares Gain After Iran Declares End To Military Operations US stocks futures rebounded and oil pared much of its overnight gains, following a declaration from Iran that military operations against Israel ended after the biggest military escalation between Iran and Israel overnight. As of 8:00am ET, S&P futures rose 0.7% while those for the Nasdaq 100 climbed 1.4%, with Mag 7 stocks trading mostly higher in premarket trading ahead of Apple's WWDC keynote later today, which may boost the Mag 7 group. Chipmakers that were the hardest hit in Friday’s...