Articles

Biden administration to award nearly $250 million to develop 30,000 affordable housing units

The effort comes as the federal government seeks to rein in high housing prices ahead of the presidential election in November.

Are U.S. stocks really headed for a ‘lost decade’? Why one strategist disagrees

Are U.S. stocks really headed for a “lost decade,” as several prominent Wall Street firms have warned? The founder of one eponymous research shop doesn’t think so.

The elusive number keeping Treasury yields at their highest levels in 3 months

In the world of fixed income, there’s one number that can’t easily be pinned down, but which appears to be a contributing factor keeping long-dated Treasury yields at their highest levels in three months.

Existing-home sales sink to a 14-year low, as home buyers pull back ahead of the November election

Existing-home sales fell to a rate of 3.84 million in September, the National Association of Realtors said.

Starbucks faces ‘challenging road ahead’ with no ‘quick fix,’ says Oppenheimer

Analysts are focused on the challenges that the company’s new CEO is facing.

Rising insurance costs are another storm gathering over commercial real estate

Skyrocketing insurance premiums are a growing problem — and not only for homeowners.

Winnebago’s stock rocked by a big profit miss, due to ‘sluggish’ retail demand

Winnebago’s stock sinks after a big profit miss for its fiscal fourth quarter, which offset a revenue beat.

The surge in the dollar, yields and gold is delivering a unique technical nugget

Simultaneous sharp moves across asset classes have delivered a unique technical confluence — though interpreting what it signifies is pretty difficult.

Why McDonald’s E. coli outbreak may not damage sales as much as Chipotle’s did

Chipotle lost billions of dollars in market cap following a series of foodborne-illness outbreaks almost a decade ago. But so far the McDonald’s situation seems more contained.

Boeing unveils $6 billion quarterly loss ahead of key vote by striking machinists

Boeing Co.’s stock was slightly lower Wednesday, after the troubled aerospace giant’s third-quarter earnings showed better-than-expected revenue despite the impact of a strike by machinists, weighing against a wider-than-expected loss.

Tokyo Metro shares surge 45% on first day of trading

Tokyo Metro ‘s float on the Tokyo Stock Exchange marked Japan’s largest initial public offering since SoftBank’s ¥2.65 trillion listing in 2018

Coca-Cola beats on profit, as a big price increase offsets a surprise volume dip

Coca-Cola’s stock turns lower as earnings beat expectations because another big increase in price helped offset a surprise decline unit case volume.
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