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BIG HOMEBUILDERS
Did Berkshire Hathaway crack another long-term wealth-creation formula? NVR stock soared 62,000% since 1996, and its Taylor Morrison bet may signal the next homebuilder winnerNVR stock has surged nearly 62,000% since 1996, crushing the S&P 500’s roughly 1,800% return and redefining what long-term wealth creation ...
US stocks today: US markets slips ahead of Big Tech earnings, Fed rate decisionInvestors are adopting a cautious approach, keenly awaiting key earnings from major technology firms. The Federal Reserve's upcoming meetin...
US stocks scale fresh record high after unemployment rate improvesU.S. stocks reached record highs Friday following a mixed jobs report. While hiring slowed, the unemployment rate improved, suggesting a st...
Trump calls on Fannie Mae and Freddie Mac to get big homebuilders 'going'President Donald Trump urged mortgage financing companies Fannie Mae and Freddie Mac to "get Big Homebuilders going," claiming, without evi...
Wall Street Week Ahead-US housing shares shine as Fed restarts rate cutsThe U.S. Federal Reserve's recent interest rate cut, the first since December, has sparked optimism for housing shares. This move, aimed at...
August Jobs Report Today — will Wall Street soar or sink?August jobs report lands today with Wall Street on edge. After weeks of weak hiring data, rising jobless claims, and the worst August layof...
US stock market prediction: Will Nasdaq, S&P 500, Dow Jones slip or rise on Monday? Check lucrative stocksNasdaq, S&P 500 are on a winning run but there is a big development related to US Fed interest rate cut.
Wall Street Week Ahead: US stocks train sights on Jackson Hole Fed gatheringInvestors are keenly waiting for the Jackson Hole symposium. Federal Reserve policymakers will gather to discuss interest rate cuts. These ...
UnitedHealthcare get the 'Buffet' treatment as Berkshire's 5 million share buyout sends stocks soaringBerkshire Hathaway, led by Warren Buffett, bought 5 million UnitedHealth shares, surprising investors. UnitedHealth faces high medical cost...
After Starbucks fired Laxman Narasimhan, old video of ex-CEO saying he never worked beyond 6 pm goes viralStarbucks has reportedly fired CEO Laxman Narasimhan, known for his disciplined work-life balance. Brian Niccol, CEO of Chipotle Mexican Gr...
London's FTSE 100 hits new high after BoE signals rate cutsBritain's FTSE 100 scaled a record high on Thursday after the Bank of England kept interest rates unchanged but investors cheered increasin...
Berkshire trims Apple, sheds four stocks, mum on new investmentIn a regulatory filing describing its U.S.-listed stock holdings at the end of 2023, Berkshire said it sold 10 million Apple shares in the ...
US weekly jobless claims fall as labor market remains tightInitial claims for state unemployment benefits dropped 11,000 to a seasonally adjusted 239,000 for the week ended Aug. 12, the Labor Depart...
Small-stock strategy powers best-performing US equity fundsThe year's top-performing actively managed U.S. equity fund was the Bridgeway Small-Cap Value fund which posted a 61.5% return, according t...
Euro maintains firm tone on EU joint recovery fund, yen softThe dollar also edged higher against the safe-haven yen to edge near a five-week high though it was capped by renewed scepticism on coronav...
Nikkei closes lower as ex-dividend stocks fizzle outThe Nikkei share average ended down 0.2 per cent, or 49.66 points, to 21,378.73.
2017 is when a decade of global monetary easing ends: BAMLAny stimulus to the world economy will now come from governments, who will use fiscal policy to wage a "war on inequality", according to BA...
- US auto industry seen as most distressed in 2009
Retail, hurt by sliding consumer spending and cut in credit availability, is seen as 2nd most distressed industry in '09. Small cars of '08...
- US consumers say 'charge it' on credit cards
Americans boosted their borrowing in May, mostly reflecting heavy credit card use to finance their purchases. Getting elastic with plastic ...
- Feds fine homebuilders for water pollution
Four of the nation's largest homebuilders have agreed to pay $4.3 million in fines for failing to control runoff at construction sites in 3...