Sales of used homes in the US rose in October. But it may have been a flash sale, because mortgage rates are already climbing again.
The US Federal Reserve continued its interest rate deescalation with a 25 basis point cut — exactly in line with consensus expectations.
The last four years have been head-spinning. Dan Newhall, Vanguard’s head of portfolio solutions, talked us through the volatility.
The Federal Reserve finally slashed interest rates, delivering a half-point cut — the high end of consensus expectations.
Buying a home is expensive. And so is owning one. In the era of high mortgage rates and soaring expenses, is homeownership still worth it?
In addition to offering mobile headquarters for families on vacation, recreational vehicle sales are a pretty good indicator of the economy.
Morgan Stanley’s performance was held down by its wealth management division and a Federal Reserve that is stuck in neutral on rate cuts.
KPS Capital Partners sold Eviosys to Sonoco for $3.9 billion after paying $2.7 billion in 2021, a rare buyout windfall in 2024.
With oil in decline, Masdar, the United Arab Emirates state-backed renewables company, is on an acquisition shopping spree.
Wall Street’s biggest banks are increasingly working with mid-sized companies — much to the chagrin of mid-sized and boutique banks.
Inflation cooled in May. So why isn’t the Federal Reserve slashing interest rates yet like other wealthy countries have done?
As the prospect of higher-for-longer continues to sink in, small businesses are beginning to feel the pinch, per Bloomberg.
Far-right gains in the European Parliament elections put investors globally in a tentative mood, though the dollar got a big boost.
Canada’s economy has been kept in check due to higher levels of household debt and shorter-term mortgages in Canada compared to the US.
It has taken a while, but recent data suggests that the Federal Reserve’s rate hikes may finally be taming inflation.
Some glum news from both the PC and semiconductor sector has tech investors feeling a little more cautious.
The chipmaker was flat on Wednesday, and the other 499 stocks in the S&P 500 didn’t have enough oomph to drive the market higher.
The yield curve has now been inverted for around 400 trading sessions, and there’s no recession in sight. So what gives?
The average age of cars and light trucks reached a record high of 12.6 years in 2024, up by roughly two months from last year.
The percentage of US employees who think their financial well-being is good or excellent rose to 47%, up from 42% a year ago.