The numbers: U.S. existing-home sales fell 1.5% to a seasonally adjusted annual rate of 4.71 million in September, the National Association of Realtors said Wednesday. This is the eighth straight Read more
Tag: Money/Currency Markets
U.S. existing-home sales fall again as housing downturn gathers steam
The numbers: U.S. existing-home sales fell 1.5% to a seasonally adjusted annual rate of 4.71 million in September, the National Association of Realtors said Wednesday. This is the eighth straight Read more
Elizabeth Warren among senators looking to crack down on ‘junk fees’ from remittance providers
A group of senators that includes Elizabeth Warren is asking the Consumer Financial Protection Bureau to take a tougher tack on companies that facilitate remittance payments, charging that the businesses Read more
Fed’s Bullard thinks inflation can come down without throwing a wrench in strong labor market
The Federal Reserve can get inflation back down to its 2% target without throwing a wrench in the strong labor market, said St. Louis Fed President James Bullard on Wednesday. Read more
The U.S. dollar continues to soar: What that means for the stock market and investors
Amid all of 2022’s wild volatility, there’s one thing that investors can still count on: the soaring U.S. dollar. The ICE U.S. Dollar Index DXY, +0.68%, which measures the U.S. Read more
‘We need to look at global regulation of crypto,’ says European Commission financial-services commissioner Mairead McGuinness
“‘We do need to see other players also legislating … perhaps differently, but with the same objective. … We need to look at global regulation of crypto.’” — Mairead McGuinness, Read more
Bitcoin-linked funds are hurting as crypto prices tank
Publicly listed bitcoin-related funds have seen both their share prices and asset under management plummet, in line with the mayhem of digital assets. “Investors have significantly reduced their exposure to Read more
New York factory activity stumbles in October
The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, fell 7.6 points to negative 9.1 in October, the regional Fed Read more
New York factory activity stumbles in October
The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, fell 7.6 points to negative 9.1 in October, the regional Fed Read more
Should you try alternative investments? Here’s what experts say, how much to put in, and what to watch for.
The first rule of investing wisely is diversification. Hold a portfolio of stocks and bonds, financial advisers say, because if stocks go down, your bonds will come to the rescue Read more