‘Some companies are closing their doors, others are shutting down divisions’: Rocket CEO outlines plans to navigate the dramatic decline in mortgages
admin The mortgage industry is struggling with higher rates and a sharp drop in buyer demand.…
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Home builders say ‘housing recession shows no signs of abating’ as builder sentiment drops further
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence fell 3 points to…
Read MoreThe S&P 500 sank 5% in a very bad week for stocks. These 20 lost as much as 24%.
U.S. stocks sputtered Friday to close out the week in the red. The day’s declines…
Read MoreFed to put a ‘firm foot on the brake pedal’ this week
The Federal Reserve is widely expected this week to raise its benchmark interest rate by…
Read MoreWhy FedEx’s stock plunge is so bad for the whole stock market
FedEx Corp.’s profit warning has cast a pall on the broader stock market, as a…
Read MoreMidterm elections: If this seat flips red, Republicans will have ‘probably won a relatively comfortable House majority’
FREDERICKSBURG, Va. (MarketWatch) — Holding a “Yesli Vega for Congress” sign for his lawn that…
Read MoreGermany takes over subsidiary of Russian oil giant Rosneft
BERLIN (AP) — The German government says it is taking control of Russian oil giant…
Read MoreEmpire State, Philly Fed indexes show contractions in activity in September
The numbers: Two regional gauges of manufacturing sentiment moved into slight contraction territory in September,…
Read More20 value stocks whose growth potential is overlooked by investors
After a years-long bull market in growth stocks, the beleaguered value strategy has outperformed this…
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Time to buy home builder stocks, as ‘early pain’ equals ‘early gain,’ analyst says
Shares of home builders traded broadly higher Monday, after KeyBanc Capital analyst Kenneth Zener flipped…
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