(This Oct. 22 story has been corrected to say that 30-year fixed mortgage rates hit a high of about 7%, not 8%; and to add the period in paragraph 2) (Reuters) - U.S. homebuilder PulteGroup ( PHM ) beat Wall Street estimates for third-quarter earnings on Tuesday, as declining fixed mortgage rates lured in skittish buyers to the market, while...

08:52 AM EDT, 10/23/2024 (MT Newswires) -- Financial markets are pricing in 45bps of easing by the Bank of Canada on Wednesday, said ING. The reasoning is that Canadian inflation has now slowed below target and a soft growth picture warrants a faster, 50bps, move to neutral rates, wrote the bank in a note. It is a very close call,...

08:51 AM EDT, 10/23/2024 (MT Newswires) -- PayPal Holdings ( PYPL ) said Wednesday it has deepened a collaboration with Global Payments ( GPN ) to offer its streamlined checkout service Fastlane to Global Payments' ( GPN ) US merchants. Fastlane can help reduce checkout times by over 28% and deliver almost 50% higher checkout conversion rates compared with traditional...

08:53 AM EDT, 10/23/2024 (MT Newswires) -- Carvana ( CVNA ) said Wednesday it has expanded its same-day vehicle delivery service to the greater Houston, Texas area. Certain residents in the area can now take delivery of a vehicle purchase as early as the same day they place their order on Carvana's ( CVNA ) website, the company said. The...