economic performance
- Stock Market
When will mortgage rates go down? Realtor.com is predicting when buyers will ‘start to see some relief’
The 30-year mortgage rate will fall below 7% by April 2024, Realtor.com says in its housing forecast for next year.…
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The global economy isn’t out of the woods, despite what you’re hearing
In the run-up to 2023, the outlook for the global economy appeared bleak. Analysts predicted that Russia’s invasion of Ukraine…
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U.S. housing starts rise for the second straight month
The numbers: Construction of new homes rose 1.9% in October, as builders amped up new projects. The pace of construction…
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Investors are thrilled inflation is down. Consumers aren’t so happy. Here’s why.
According to investors, Tuesday’s inflation report was something to celebrate. After the latest numbers from the Labor Department showed that…
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U.S. retail sales fall for first time in 7 months
The numbers: Sales at retailers nationwide fell 0.1% in October and dropped for the first time in seven months, but…
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Dow futures build on 2-month high amid signs of cooling inflation
U.S. stock futures suggest Wall Street will extend the strong rally sparked by diving bond yields after soft inflation data…
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Why a derailed $11 trillion corporate bond market looks ripe for a comeback as U.S. inflation slows
Slowing U.S. inflation has sparked hopes of a big turnaround for hard-hit parts of the $10.6 trillion U.S. corporate bond…
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The Magnificent Seven add more than $200 billion to their market caps
It was a magnificent day for the stock market Tuesday, highlighted by a strong performance by the Magnificent Seven technology…
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How financial conditions might play into Fed’s thinking after October’s CPI
Financial markets were jubilant over Tuesday’s data showing that U.S. consumer prices eased by more than expected in October, with…
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Inflation flat in October thanks to cheaper gas, CPI shows
The numbers: The cost of living was unchanged in October as cheaper gasoline took the edge off U.S. inflation, pointing…
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