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BusinessTheStreetHertz sells off Tesla fleet at discounted price as EV sales slump
Car rental giant Hertz is selling Tesla models for as low was $25,000.
BusinessReutersWall Street frets over timeline for centralized Treasury clearing
The Securities Industry and Financial Markets Association may ask regulators for more time to implement a rule requiring centralized Treasury clearing as Wall Street faces a 2026 deadline. The Securities and Exchange Commission in December adopted new rules aimed at reducing systemic risk in the $27 trillion Treasury market, the world's biggest bond market, by forcing more trades through clearing houses. Crucial details on how mandatory central clearing will work are not yet defined, and market participants said the remaining two years may not be enough time to transition.
BusinessYahoo FinanceHomebuyers are in a bittersweet market as mortgage rates drop below 7% but prices remain high
Mortgage rates fell slightly this week, according to Freddie Mac, but have hovered around 7% all year.