News Corporation Class B - $NWS STOCK NEWS

Austin, Texas has been ranked as the top rental market for college graduates in 2024. This ranking is based on factors such as high income-to-rent ratio, graduate-friendly job market, and appealing lifestyle. Other top markets include Bloomington, Minn. and Pittsburgh, Pa.

The analysis by Realtor.com® highlighted affordability, job opportunities, and lifestyle as key considerations for recent college graduates. Austin stands out with a low rent-to-income ratio, high rental vacancy rate, and a significant share of college-graduate friendly jobs.

The April Housing Report by Realtor.com reveals that the required household income to purchase a home exceeded $250,000 in four California metros, with San Jose leading at $361,000. The report also highlights the rise in active listings in the South, showing a 43% increase year over year.

Rents declined in March for the eighth consecutive month, with year-over-year prices dropping by -0.3% across all unit sizes. Major markets like Austin, Memphis, St. Louis, Atlanta, Miami, and Phoenix lead the nation with significant rent drops. Despite the decline, the median rent of $1,722 was only $36 less than the peak in August 2022. The Midwest saw steady rents, while the South and West experienced new growth. Studios saw the biggest decline, with a drop of -1.4% year-over-year.

News Corp is set to report its Fiscal 2024 third-quarter earnings on May 8, 2024. The results will be discussed by CEO Robert Thomson and CFO Susan Panuccio via a live webcast. Investors can access the webcast through a provided link and the company's investor website.

Realtor.com® launches a campaign to highlight the value of buyer's agents in the homebuying process, showcasing 111 tasks they handle. The campaign calls on the industry to join in promoting the importance of buyer representation to consumers.

Dow Jones launches Dow Jones Smart Money, a free financial literacy resource featuring content from top publications like The Wall Street Journal and Barron's. The site aims to empower readers with essential financial knowledge and insights at no cost.

Homeowners are more realistic about market expectations, with only 15% expecting to get more than their asking price, down from 31% in 2023. Nearly 8 in 10 recent sellers believe listing sooner would have led to a hotter housing market. The Best Time to Sell is now, as revealed by a survey from Realtor.com® and Censuswide.

In 2023, 1.2 million U.S. vehicle buyers opted for electric vehicles, leading to a surge in demand for EV-friendly housing markets. Realtor.com® and Cox Automotive identified top markets like San Jose, Salt Lake City, and San Francisco based on accessibility to charging facilities and EV-friendly homes. The rise in EV ownership has fueled a need for more at-home charging options, with San Jose boasting a 4.9% share of EV-friendly listings. EV-friendly homes are becoming a key factor in the electrification of the auto market, signaling a positive synergy between housing market trends and EV adoption.

Dow Jones Risk & Compliance introduces Dow Jones Integrity Check, an AI-powered research platform revolutionizing risk management workflows. Leveraging cutting-edge technologies, the platform offers quick investigative due diligence reports, reducing false positives and saving time. Partnering with Xapien, the solution ensures reliable, auditable results, enhancing transparency in compliance processes.