Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a…
Author: finzexpert.com
Multifamily Construction Surge Masks Weaker Building Permit Pipeline
The latest Residential Construction report from the Census Bureau showed a sharp rebound in July, with overall housing starts climbing…
Lowest Rates of The Year (Barely) After Powell Speech
Heading into the week, Fed Chair Powell’s speech at the Fed’s annual Jackson Hole Symposium was only event on the…
Trump says U.S. government taking a 10% stake in tech giant Intel
President Trump said that Intel has agreed to give the U.S. government a 10% stake in its business. Speaking with…
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted…
Incentives Rise as Builder Confidence Matches 2022 Low
Builder sentiment remains deeply subdued, as the National Association of Home Builders (NAHB) and Wells Fargo’s Housing Market Index (HMI)…
Mortgage Rates Inch Higher Yet Again
In a world (like this one) where mortgage rates are dictated by bond market movement and where bonds take cues…
TikTok employees raised concerns that app could be addictive, unsealed edited video shows
Newly unsealed and edited video shows TikTok employees and consultants expressing concern that potentially addictive features of the app could…
fmr. U.S. CEO Bill Simon
Walmart‘s former U.S. CEO Bill Simon thinks Thursday’s stock drop is bizarre. The big-box retailer lifted its full-year sales and…
Existing Home Market Still Crawling Along The Bottom Despite Modest Bounce
After sliding back in June, existing-home sales picked up in July. The latest update, released August 21, shows a modest…