WASHINGTON (AP) — Kevin McCarthy is set to face a case of déjà vu come Tuesday. The political future of the 57-year-old will once again be at stake as Republican Read more
Tag: steep
Stocks end with steep losses but off session lows
Stocks fell sharply Thursday, but ended well off session lows, as resilient economic data reinforced expectations for the Federal Reserve to continue tightening monetary policy aggressively into 2023. The Dow Read more
Amid steep inflation, one thing is getting cheaper: cannabis
U.S. consumers continue to face the highest prices in decades for gasoline and other products, but if they’re in a state that allows sales of cannabis, at least they’re paying Read more
Amid steep inflation, one thing is getting cheaper: cannabis
U.S. consumers continue to face the highest prices in decades for gasoline and other products, but if they’re in a state that allows sales of cannabis, at least they’re paying Read more
Mortgage rates surge to 6.94%, a 20-year high, leading to steep decline in home sales
The numbers: Mortgage rates have risen to the highest level in 20 years. The 30-year fixed-rate mortgage averaged 6.94% as of October 20, according to data released by Freddie Mac Read more
Gold, silver bounce back from last week’s steep losses
Gold and silver prices bounced back on Monday from last week’s steep losses as the U.S. dollar softened. Price action Gold futures GCZ23, +1.22% expiring in December advanced $14, or Read more
Utilities slump into bear market as defensive sector suffers steep selloff
The utilities sector tumbled into a bear market Wednesday, extending a historically steep selloff for stocks traditionally seen as a defensive haven. The S&P 500 utilities sector traded at a Read more
Home prices fell in August from July, CoreLogic says. These are the top 5 markets at risk of steep declines.
Home-price growth has slowed for the fourth month in a row, as the housing market continues to cool amid high mortgage rates, according to one measure. Compared to July, home Read more
Eurozone Economic Sentiment Continues Its Steep Decline
By Maria Martinez Economic sentiment in the eurozone deteriorated again in September, weighed by high inflation and a darkening outlook for the economy. The European Commission said Thursday that its Read more
‘We feel like it’s rent gouging’: Renters meet with Biden administration officials to decry steep increases by landlords
With rental prices rising nationwide, there has never been a better time to examine how high housing costs impact everyday Americans. The Rental Trap is a new MarketWatch column profiling tenants’ Read more