America’s housing market has entered a period of recalibration after the frenzy of recent years. Home prices are still hovering near record highs, though their growth has slowed significantly, now trailing general inflation on average rather than outpacing it. While existing homeowners have largely benefited from high prices in the form of equity gains, they also face their own set of challenges.
The second quarter proved to be a strong one for big banks, which were fueled by a surge in investment banking and mergers and acquisitions, institutional trading, and rising asset levels. But one big bank failed to impress investors despite reporting solid results in Q2: Citigroup (C +0.23%). Citigroup stock has tumbled some 7% since…
Japan’s pension titan selling foreign assets could push U.S. yields up and sap demand for the dollar.
An F/A-18F Super Hornet, attached to Strike Fighter Squadron (VFA) 41, prepares to launch from the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72). Courtesy: U.S. Navy The U.S. completed strikes against Iran on Tuesday in retaliation for Tehran’s attacks on three commercial vessels transiting the Strait of Hormuz, U.S. Central Command…
For the Public FINRA DATA FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist. For Industry Professionals FINPRO GATEWAY Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks. For Member Firms FINRA GATEWAY Firm compliance…
Gemini / Google After five years of inflation above the Fed’s 2% target, Federal Reserve Chair Kevin Warsh said he understands businesses and households’ “impatience,” but that he has no “magic wand” to bring it down. Warsh remained adamant that the Fed will deliver on price stability, despite not changing the benchmark interest rate it…
The AI server maker now expects gross margins to be in the range of 15% to 17% thanks to an improving customer and product mix