While 15% tariffs would be nothing to toast in normal times, it seems pretty good after Trump first threatened Japan with a 24% tariff rate.
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Prospective homebuyers and sellers are in a holding pattern, as persistently high mortgage rates and prices keep them from making moves.
The big US banks bested Q1 earnings expectations, and many observers expect big boosts to their Q2 trading desk revenues.
The dollar is the most important currency on earth, adding up to 57.7% of global currency reserves in the first quarter.
The deal is with NYC real estate developer Related, which is seeking to capitalize on the return to office push in the economic metropolis.
The S&P 500’s recent record high marked an encouraging sign that markets are no longer all that concerned with worst-case trade war scenarios.
To say housing is the defining issue in current New York City politics is likely a massive understatement.
Simply put, Powell says he needs to wait and see June and July price data to know just how impactful and inflationary tariffs have been.
While the headlines screamed conflict, maneuvers by the US on Monday signaled to markets that the prevailing mood was one of compromise.
PwC figures market uncertainty has kept $1 trillion in assets, which normally would have been returned to investors, locked up with private equity funds
Staffing shortages, shrinking funding and decades of declining survey responses are testing an agency responsible for vital US economic data.
It may well be another indicator that the market is finally tipping in buyers’ favor, as the construction industry faces major headwinds.
The two cards both have steep annual fees that put them in direct competition for a spot in consumers’ wallets.
Despite new data this week showing inflation has cooled, Powell and the Federal Reserve are still expected to hold off on rate cuts.
The on-off dynamic of the US-China economic relationship so far this year would make the writing rooms of most soap operas blush.