Over the past two months, the oil price rally has seriously lost momentum, with prices remaining range-bound as fears intensify that the global economy could be headed for a recession.
Newsfeed: Will Falling Oil Prices Alter The Fed’s Aggressive Rate Hike Plan? Read More »
The real estate investment platform Arrived Homes, backed by Amazon.com Inc. (NASDAQ: AMZN) founder Jeff Bezos …
Americans are sitting on tons of home equity, but the cost to tap it is getting too high. In the first quarter of 2022, total home equity for all owner-occupied properties grew by $1.6 trillion to $39.7 trillion from the previous quarter.
Newsfeed: Housing: It’s getting expensive to tap record home equity Read More »
The index of builder sentiment finally gave way and plunged to 55 in July from 67 last month, seventh straight monthly decline and lowest since May 2020.
Newsfeed: Homebuilder Confidence Collapses In July Read More »
If it was the Biden admin’s intention to crush the housing market (with the help of the Fed’s rate hikes) and spark a powerful recession just so it can lower inflation, well “mission accomplished.”
Newsfeed: Housing Market Peaks: Home Prices Finally Drop From All-Time Highs Read More »
To rank America’s Top States for Business in 2022, CNBC scored all 50 states on 88 metrics in 10 broad categories of competitiveness.
Newsfeed: America’s Top States for Business 2022: The full rankings Read More »
U.S. consumer prices accelerated 9.1% last month, the fastest annual pace since November 1981 and the hottest print of the current inflation cycle.
U.S. consumer prices accelerated 9.1% last month, the fastest annual pace since November 1981 and the hottest print of the current inflation cycle.
Newsfeed: Inflation surges 9.1% in June, most since November 1981 Read More »
BRICS members call for cross-border payment in BRICS currencies to challenge the U.S. dollar. The BRICS—an acronym for Brazil, Russia, India, China, and South Africa—held a summit on June 23.
Newsfeed: China And Russia Want To Replace US Dollar With BRICS Currencies Read More »
Second quarter profits at big U.S. banks are expected to fall sharply from a year earlier on increased loan loss reserves, as the pandemic recovery gives way to a possible recession.
Newsfeed: Big U.S. banks’ second quarter profits to tumble on higher bad loan reserves Read More »