Lumber prices are spiraling as red-hot house prices and the rising cost of mortgages is hitting affordability. Nearly 80% of National Housing Survey respondents reported now is the worst time to buy a home. It’s set to worsen as Americans foresee their financial situations deteriorating over the next year. Loading Something is loading. Lumber prices… Continue reading Lumber prices are tanking as rising interest rates means more Americans are finding it harder to buy a home
The SEC is trying to reshape the US stock market but that could mean a return to paying commissions on trades for retail investors
Proposed changes to market-structure rules could lead to retail investors paying commissions on trades again. SEC Chairman Gensler Gensler is proposing the agency consider sending retail stock orders to auctions. The payment for order flow system is back under scrutiny. Loading Something is loading. The Securities and Exchange Commission is aiming to shake up the… Continue reading The SEC is trying to reshape the US stock market but that could mean a return to paying commissions on trades for retail investors
The US dollar and oil prices are breaking from their historical trade link. An economist explains why this signals a ‘double whammy’ for global markets.
A strong US dollar has historically put downward pressure on oil prices, but that hasn’t been happening lately. The US dollar has strengthened to a 20-year high, while crude prices have skyrocketed. “It’s a double whammy for everyone outside the US,” an economist told Insider. Loading Something is loading. A strong US dollar has historically… Continue reading The US dollar and oil prices are breaking from their historical trade link. An economist explains why this signals a ‘double whammy’ for global markets.
Here’s What it Costs to Raise a Child in the U.S. Today
Ask any parent about raising a child, and that parent will likely say the gig isn’t easy. It’s also expensive and those costs start early. While costs accumulate for child care for multiple reasons, child care is one of the largest costs, for economic demand issues. “Child care is the number one reason it’s so… Continue reading Here’s What it Costs to Raise a Child in the U.S. Today
BestBuy’s 3-Day Sale Offers Savings on TVs, Smart Display, Earbuds, and PCs
The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. Father’s Day is fast approaching, and graduation season is underway! So to celebrate both, BestBuy ( (BBY) – Get Best Buy Co. Inc. Report) is kicking off its 3-day “Dad’s and… Continue reading BestBuy’s 3-Day Sale Offers Savings on TVs, Smart Display, Earbuds, and PCs
‘Straightforward bad:’ Stocks tank as hot inflation reading spooks markets
‘It is straightforward bad’ Author of the article: Bloomberg News Denitsa Tsekova and Stephen Kirkland Publishing date: Jun 10, 2022 • 15 hours ago • 4 minute read • 9 Comments North American stocks plunged and Treasury yields spiked higher after an unexpectedly hot consumer-prices reading fuelled bets the Federal Reserve will have to step up… Continue reading ‘Straightforward bad:’ Stocks tank as hot inflation reading spooks markets
Stock Market Today: Dow Sinks 880 Points After Inflation Shocker | Kiplinger
Stock Market Today The University of Michigan’s latest consumer sentiment index didn’t help the bull case today, either.Speculation that inflation might have peaked earlier this year died abruptly with this morning’s release of the Labor Department’s latest consumer price index (CPI). And what the data showed was that prices were still rising last month. Specifically,… Continue reading Stock Market Today: Dow Sinks 880 Points After Inflation Shocker | Kiplinger
Dow dives nearly 900 points as May inflation spike locks in weekly losses for US stocks
US stocks sold off Friday following May’s consumer-price-inflation report. Headline inflation of 8.6% was higher than anticipated and marked a four-decade high. Barclays said it now saw the Fed raising rates by 75 basis points next week. Loading Something is loading. US stocks sank Friday as new inflation data showed more acceleration than anticipated, days… Continue reading Dow dives nearly 900 points as May inflation spike locks in weekly losses for US stocks
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