Constantly rising mortgage rates have significantly impacted homebuilder sentiment, leading to a noticeable slowdown in the home construction market. Mortgage rates rise above 7%…
Fed interest rate hikes are nearing their conclusion. Now, the focus of the discussion is transitioning from determining the necessary level of interest rates…
While many on Wall Street feel relieved that the Federal Reserve might be finished with interest rate hikes, it’s important to note that this…
Many economists, including those within the Federal Reserve, are increasingly confident that a US recession will be avoided. However, this optimism comes with a…
Moody’s lowered ratings for 10 small and midsize US lenders, considering potential weaknesses and higher funding costs. Major banks, including US Bancorp and Bank…
UBS Group AG will keep 12 Credit Suisse bankers to lead its banking operations in America. The move aims to leverage the former rival’s…
Millions of student loan borrowers could be making payments to a new servicer when federal student loan bills resume in September. The government’s debt…
The US dollar increased slightly on Thursday as investors looked forward to US economic data. The dollar index, which helps measure the currency against…
After December, when we look at various statistics of the economy, it does not look like we are heading toward recession. One reason for…
The US economy has slowed since the last year. Resultantly, large companies such as Amazon, Dell, and Disney announced layoffs. The odds of a…
As the year is nearer to an end, data shows the housing market has faced turbulence in 2023. Mortgage rates, hanging around 8%, create…
Powell has the bond traders exactly where he wants it. The market is lacking conviction as to the Fed’s next step. Split futures positioning…
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