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<\/p>\n\t\t\t\t\t\t\tThere\u2019s a bit of relief for potential homebuyers this week.<\/p>\n
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(LILAMAX)- There\u2019s a bit of relief for potential homebuyers this week. Freddie Mac reports the average rate on a 30-year mortgage slipped to 6.27%, down from 6.3% last week. Analysts say a slowing job market, the government shutdown, and economic uncertainty have helped push rates slightly lower.<\/p>\n
Shares of Eli Lilly & Co. and Novo Nordisk dropped in late trading after President Donald Trump suggested the price of the diabetes and weight-loss drug Ozempic could fall to just $150 a month \u2014 far below its current U.S. list price of around $1,000. While no timeline was given, Trump said prices could \u201ccome down pretty fast\u201d and hinted that alternatives already exist.<\/p>\n
On Wall Street, stocks closed lower across the board, led by bank shares. Investors are increasingly concerned about rising bad loans, especially at regional banks.<\/p>\n
In retail, Ikea is raising prices on furniture following a new round of tariffs. The increases range from $50 to $100 on larger items such as sofas and bedroom sets. Walmart, Target, and Home Depot also say they\u2019ve raised or plan to raise prices on select goods.<\/p>\n
And as Halloween approaches, a new Empower Financial survey finds more than half of Americans say higher chocolate prices are forcing them to cut back on candy spending. One-third call Halloween one of the costliest holidays of the year, with the average American planning to spend $296 on candy, costumes, and decorations. Younger generations plan to spend nearly twice that \u2014 but 51% still say Halloween remains one of their favorite holidays.<\/p>\n
\t\t\t\tTags: Across the nation<\/a>, Eli Lilly<\/a>, Freddie Mac<\/a>, Halloween spending<\/a>, IKEA<\/a>, Jane King<\/a>, lilamax<\/a>, Morning Business Report<\/a>, mortgage rates<\/a>, Novo Nordisk<\/a>, Ozempic<\/a>, Stock Market<\/a>, tariffs<\/a>\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"There\u2019s a bit of relief for potential homebuyers this week. (LILAMAX)- There\u2019s a bit of relief for potential…\n","protected":false},"author":2,"featured_media":231180,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[128955,28,48123,4665,128956,31011,128957,128958,112,128959,5412,9046,249,1169,759],"class_list":["post-231179","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-across-the-nation","tag-business","tag-eli-lilly","tag-freddie-mac","tag-halloween-spending","tag-ikea","tag-jane-king","tag-lilamax","tag-markets","tag-morning-business-report","tag-mortgage-rates","tag-novo-nordisk","tag-ozempic","tag-stock-market","tag-tariffs"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/231179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=231179"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/231179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/231180"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=231179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=231179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=231179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}