Tag: Economic events
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High interest rates are foreclosing on the American home remodeling dream
Homeowners are stuck in houses they might have left by now due to the low mortgage rates of the past, and can’t even remodel with HELOCs too expensive to tap.
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America’s data center fight is a preview of what’s to come for the rest of the world
America’s fight over data centers is going global. Communities across Europe and Asia are pushing back over the rising costs of the AI infrastructure boom.
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Stocks remain under the thrall of higher yields and higher oil. Here’s what’s ahead
Wall Street got a taste this week of what a reprieve on both fronts could mean for the stock market.
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UBS reveals a new short trade amid bond market turmoil
UBS Investment Bank sees a new pressure point in Europe’s sovereign debt space amid the global bond rout.
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October by the numbers: A typically strong month with a scary reputation
Some of the biggest monthly declines have happened in October.
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Japan’s prime minister says her policies will boost confidence in the yen after U.S. intervention falls short
Japan’s Prime Minister said her government’s policies will lift confidence in the yen, following underwhelming success in prior efforts to boost the currency.
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10-year Treasury yield hits highest level since 2002 as global bond rout gathers pace
Treasury yields were higher on Thursday amid a global sell-off in government debt.
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Shares of Indian auto companies slide as sales soften in September, after hitting record highs in August
Shares of Indian auto companies were in the red on Thursday as September data showed that sales were softening
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The growing problem of ‘permanent car loans’: Why the math of car buying is breaking down
Longer auto loans and repeated trade-ins can leave borrowers rolling negative equity from one vehicle to the next.
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Inflation moves in the right direction, but markets are still not out of the woods
Wall Street got some much-needed inflation data on Wednesday.
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