The Japanese yen suddenly rallied against the U.S. dollar on Friday amid reports and widespread speculation that Japan’s Ministry of Finance and Bank of Japan had intervened to prop up Read more
Tag: hitting
How the 55% plunge in mortgage originations is hitting nonbanks: Fitch
Major U.S. banks already have been cutting staff and operations related to mortgage originations as interest rates have shot up and the roaring housing market has cooled in 2022. For Read more
U.S. stock futures point to losing streak hitting seven after Treasury yield hits 4%
U.S. stock futures on Wednesday showed Wall Street in danger of recording a seven-day losing streak as worries about rising bond yields continued to suppress investors’ risk appetite. How are Read more
U.S. stock futures point to losing streak hitting seven after Treasury yield hits 4%
U.S. stock futures on Wednesday showed Wall Street in danger of recording a seven-day losing streak as worries about rising bond yields continued to suppress investors’ risk appetite. How are Read more
Mortgage rates continue to climb, hitting 6.29% in latest week
The numbers: U.S. mortgage rates continue to climb, adding hundreds of dollars in costs to potential homeowners. The increase in mortgage rates followed the Federal Reserve hiking interest rates again Read more
Mortgage rates continue to climb, hitting 6.29% in latest week
The numbers: U.S. mortgage rates continue to climb, adding hundreds of dollars in costs to potential homeowners. The increase in mortgage rates followed the Federal Reserve hiking interest rates again Read more
S&P 500 sees its third leg down of more than 10%. Here’s what history shows about past bear markets hitting new lows from there, according to Bespoke.
Stocks fell sharply after the Federal Reserve announced Wednesday that it was raising its benchmark rate by three-quarters of a percentage point as it battles inflation, with the S&P 500 Read more
U.S., U.K. and powerful nations get serious about protecting the forests believed vital to hitting Paris climate target
The world’s leading economies and key developing nations have a new focus heading into climate-change meetings later this year — to take seriously a voluntary pledge to preserve and restore Read more
This could be the missing link as to why September — yet again — is hitting stocks hard
September appears to be the worst month for Seasonal Affective Disorder, which may be the missing link for why the month is so bad for the stock market. Seasonal Affective Read more
Stock buybacks near $800 billion this year after hitting all-time record
Companies already announced another $800 billion deluge of planned stock buybacks this year, after last year’s record of almost $1.2 trillion, according to a tally from EPFR. That’s a bigger Read more
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