Homebuilder sentiment in the single-family home market has fallen to half what it was just six months ago as mortgage rates climb, according to a new report. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which is designed to gauge market conditions, fell 8 points to 38 in October from the
Municipals were little changed Tuesday amid a multi-billion-dollar large new-issue day with various credit offerings, while U.S. Treasuries improved slightly and equities ended up. Triple-A curves were a touch firmer in spots as secondary trading took a backseat to the larger primary activity with Connecticut general obligation bonds, CommonSpirit healthcare and several competitive issues led
Chancellor Jeremy Hunt is preparing to raid the profits of banks and energy companies in an attempt to fill a £40bn fiscal hole through a mix of tax rises and public spending cuts. Hunt’s Budget on October 31 is due to include big tax rises, with allies of the chancellor saying they expect him to
Municipal bond industry veteran Guy Logan has been named to head up Raymond James’ newly formed national infrastructure group. Logan will join the firm’s Atlanta office as a managing director and lead the group, the firm announced Monday. The group will deliver investment banking services to municipal issuers across the country. I’m looking forward to
Semiconductor ETFs surged after blockbuster earnings.
Let’s begin the educational journey towards an exciting investing experience. Learning about financial concepts can feel intimidating and finding a starting point can prove challenging. In this video, we start at the very beginning and answer a simple question – what is a stock? Оur Investing 101 series will cover the fundamentals of investing and
In this article SBNY BK BAC ZS OKTA PDD MELI GS CS CSG.N-CH CONX DISH NOVA SPWR NET KR SPLK BP BP.-GB LFG NFLX NWSA CLR FOXA AAPL RBLX Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves midday: Roblox
Ripple users may be able to interact with Ethereum-compatible decentralized applications (DApps) in the future following the launch of a test phase of Ripple’s new XRP (XRP) Ledger sidechain. The launch of the sidechain was shared in a Tweet by blockchain development firm Peersyst Technologies on Oct. 17, noting that the new sidechain is compatible
Harry Styles’ former home in Los Angeles is on the market again for $8 million. The British singer and songwriter, who rose to stardom as a member of the boy band One Direction, owned the mansion from January 2016 to June 2019. Tucked behind private gates above the Sunset Strip, the contemporary estate offers stunning
Munis were slightly better to kick off the week, while U.S. Treasuries were firmer 10 years and in and equities rallied. Municipal triple-A yields fell one to three basis points Monday while UST saw the 10- and 30-year end the session just above 4%. “Municipal bond yields decoupled from the Treasury market last week, ending basically
Liz Truss has apologised to the nation for the economic chaos that has engulfed Britain following last month’s “mini” Budget, but her premiership was hanging by a thread as Tory pressure mounted on her to quit. Truss sat expressionless on Monday in the House of Commons as she watched her new chancellor, Jeremy Hunt, rip
The outlook on Hawaii’s Aa2 rating was lowered to stable from positive by Moody’s Investors Service ahead of an $800 million taxable general obligation bond deal. The outlook revision “reflects our expectation that given its significant tourism industry, lagging demographic trends, and already high cost of living, Hawaii is vulnerable to high inflation and potentially
XRP (XRP) has made considerable gains over the past month as traders continue to shower confidence on Ripple’s legal win against the United States Securities and Exchange Commission (SEC). For instance, the XRP price gained 25% thirty days after Ripple and the SEC filed for an immediate ruling on whether or not XRP sales violated U.S. securities
Bitcoin (BTC) starts a new week keeping everyone guessing as a tiny trading range stays in play. A non-volatile weekend continues a familiar status quo for BTC/USD, which remains just above $19,000. Despite calls for a rally and a run to lower macro lows next, the pair has yet to make a decision on a
Looking for the best value stocks? Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: Pfizer (PFE) and Mylan NV (MYL). Both companies have forward P/Es well below the average of the S&P 500, which is now a sky-high level of 18. They
The biggest release of the trading month is the Employment Situation report, which contains Nonfarm Payrolls data. In this video, market expert Peter Martin explains the different reasons that lie behind why traders pay so much attention to the monthly Nonfarm Payroll figures. At Trading 212 we provide an execution only service. This video should
In this article QCOM META PZZA CHEF DHT Follow your favorite stocksCREATE FREE ACCOUNT Source: Papa Johns Investors white-knuckled their way through last week as the major averages swung sharply, fueled by key inflation reports. On Thursday, the Dow Jones Industrial Average leapt 1,500 points from its low of the session to the highest point
In this article DAL WBA AMAT VSCO Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Delta Air Lines (DAL) – The airline’s stock rose 3.9% in the premarket on the strength of an upbeat current-quarter forecast as travel demand continues to rebound. For its most recent quarter, Delta
Poverty rates rose for older Americans in 2021 and it was the only demographic group to experience rising poverty, according to the U.S. Census. Eroding pensions, increases in Social Security’s normal retirement age, and big gaps in access to retirement savings plans at work are causing elderly income security in the United States to fall.
CommonSpirit Health added disclosure of a ransomware attack to its offering statements this week as the nation’s largest not-for-profit system prepares to enter the market with a $1.5 billion transaction, underscoring the acute threats posed to borrowers across the municipal spectrum. The Chicago-based Catholic system created through the 2019 merger of Catholic Health Initiatives and
Liz Truss is battling for her political survival as leading business figures and Conservative MPs pile pressure on the UK prime minister to resign after a series of damaging U-turns that have shredded her credibility. Truss’s decision to appoint Jeremy Hunt as chancellor and scrap key parts of her economic platform have failed to reassure
Rhode Island plans to price $227 million of general obligation debt Tuesday in a deal that underscores the state’s capital commitment to education. The competitive deal will price in two tranches: a $162.4 million tax-exempt Series A and $60.3 million federally taxable Series B. The bonds carry the AA rating of Fitch Ratings, Aa2 from
In this edition of the Bitcoin.com News week in Review: never-before-seen notations discovered from Bitcoin creator Satoshi Nakamoto, an update on progress toward the next Bitcoin halving event, Mad Money’s Jim Cramer challenging crypto investors to bet against him, and more. Sleuth Discovers Satoshi’s Long-Lost Bitcoin Version 0.1 Codebase, Raw Code Contains Bitcoin Inventor’s Never-Before-Seen
Check out the companies making headlines before the bell: Albertsons (ACI) – Albertsons lost 4.1% in the premarket after announcing a merger deal with supermarket rival Kroger (KR). Albertsons surged 11.5% Thursday after sources told CNBC the two sides were in talks to combine. Kroger shares slipped 3%. JPMorgan Chase (JPM) – JPMorgan Chase shares added
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Starting in early 2023, Coinbase’s payment service, Coinbase Commerce, will
Home fragrances might be invisible but in terms of setting the ambiance for a space, there’s nothing that can make a bigger impact. After all, there is something very luxurious about walking into a home filled with curated scents. But knowing the right fragrances to choose and how to combine them takes knowledge and a
Municipals were little changed Friday, largely ignoring a weaker U.S. Treasury market, ahead of a larger new-issue calendar that features several billion-dollar state general obligation deals. U.S. Treasury yields rose, pushing them to multiyear highs. The two-year closed above 4.5% and the 10-year eclipsed 4%. Equities ended down on continued concerns over inflation. Muni-UST ratios
The UK’s new chancellor Jeremy Hunt has admitted that Liz Truss’s government went “too far, too fast” in last month’s “mini” Budget and that in the near future taxes will have to rise and spending will have to be cut in order to regain economic credibility. In a statement on Saturday evening Hunt said the
An agreement among the Puerto Rico Oversight Board and the local government in the Puerto Rico Electric Power Authority bankruptcy leaves the latter with moderate power in the bankruptcy process, observers say. The board, the Puerto Rico Fiscal Agency and Financial Advisory Authority, and the PREPA bond trustee U.S. Bank National Association filed the agreement,
The United States Consumer Price Index (CPI) increased 8.2% annually in September, beating economists’ expectations of an 8.1% rise. The CPI print lived up to its hype and caused a sharp, but short-term increase in volatile risk assets. The S&P 500 oscillated inside its widest trading range since 2020 and Bitcoin (BTC) also witnessed a