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Don’t miss these top money and investing features: The stock market’s breakout is getting some major new support — for now The curious case of a regional bank’s insider stock sales Don’t bet on a ‘June swoon.’ Here’s what the data show. Sign up here to get MarketWatch’s best mutual funds and ETF stories…
The numbers: Construction on new American homes jumped 21.7% in May, as homebuilders ramp up building single-family homes to meet strong demand from buyers. Housing starts rose to a 1.63 million annual pace last month from 1.34 million in April, the government said Tuesday. That’s how many houses would be…
Prices for most commodities have moved lower year to date, with coal, natural gas and nickel among the big decliners, suggesting inflation has reached its peak and recession may not be too far behind.“The general decline in commodities from the March 2022 peak suggests expectations of slowing U.S. and global…
© Reuters. BlackRock’s Investor Day takeaways by Citi and Deutsche Bank BlackRock (NYSE:) hosted its 2023 Investor Day on Wednesday. Citi and Deutsche Bank provided their key takeaways from the event. Citi walked away with increased confidence in the company’s potential for cyclical and structural growth. According to the firm,…
Investing.com– Gold prices moved little on Wednesday after three days of losses as investors awaited more cues from the conclusion of a Federal Reserve meeting later in the day, while copper prices benefited from an interest rate cut in China. Soft U.S. triggered a rally in most risk-driven markets on…
Investing.com — Mexico’s local currency has performed favorably in 2023: It has appreciated 11% against the U.S. dollar, making it the third strongest currency in emerging markets with analysts, traders, and banks referring to it as the “Super peso”. Many catalysts have helped the remain strong: The rate differential between…
By Howard Schneider, Balazs Koranyi and Leika Kihara WASHINGTON/FRANKFURT/TOKYO (Reuters) -Two years into confronting rising inflation, the world’s top central banks are still waiting for a decisive turn in their favor, with monetary policy edging ever tighter and policymakers maintaining their pursuit of a common 2% inflation target. The European…
Housebuilders led the FTSE 100 lower in Wednesday business following more shocking inflation data from the UK. London-focused builder Berkeley Group was one of the index’s leading fallers despite the release of solid full-year financials. At £38.30 per share Berkeley’s share price was 2% lower in midweek business. The company…
Halliburton stock (NYSE: HAL), an energy company organized into the exploration, development, and production of oil and natural gas, currently trades at $33 per share, around 24% below its level of $43 seen on June 8, 2022 (pre-inflation shock high), and has the potential for further gains. HAL saw its…
The nation’s homeownership rate of 63.1% is at its lowest level in five decades in 2020, according to Census Bureau data. If you’ve been debating whether or not buying a home is a good financial decision, consider these qualitative reasons why renting might be better for you. You Enjoy Hobbies…