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HOMEBUILDING DECLINE
Trump picks inexperienced ally Bill Pulte to replace Tulsi Gabbard as top US intelligence officalPresident Donald Trump has appointed Bill Pulte, a loyalist housing official, as the new head of US intelligence. Pulte, who lacks national...- 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 ...
- Berkshire's $16.8 billion bets signal Greg Abel's new direction at the helmBerkshire Hathaway is deploying its vast cash reserves. Greg Abel has committed $16.8 billion in two days. This includes a $10 billion inve...
- US Stock Market: Treasury yield surge sparks mortgage hedging frenzy, deepens bond selloffRising Treasury yields are forcing investors to sell government debt. This is due to increased risks from higher interest rates and fewer m...
- 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 Stock Market: Wall Street ends sharply higher on US-Iran ceasefireGlobal markets rallied sharply as a two-week ceasefire between the United States and Iran was announced. This agreement eased fears of oil ...
- US stocks today: Dow Jones surges 1,300 points, S&P, Nasdaq 2% on U.S.-Iran ceasefireWorld markets experienced a dramatic uplift as the U.S. and Iran cemented a two-week ceasefire, alleviating concerns over inflation and vol...
- Why are US stock market indexes down today, and Dow Jones, Nasdaq and S&P 500 in red now? Wall Street crash, biggest gainers and losers, analysts insights, market outlookWhy are US stock market indexes down today, and Dow Jones, Nasdaq and S&P 500 in red now? Wall Street moved lower as crude oil prices climb...
- US single-family housing starts rebound in January, building permits declineU.S. single-family homebuilding saw a rebound in December, with starts increasing. However, a decline in future construction permits signal...
- European shares rebound as worries of US involvement in Middle East easeEuropean shares experienced a rebound on Friday, recovering from a three-session decline, driven by a perceived pause in U.S. involvement i...
- Demand for new construction fuels surge in US single-family homebuilding in SeptemberSingle-family homebuilding in the US rebounded strongly in September due to high demand for new construction amid a shortage of previously ...
- US home construction collapsed 22.3% in MarchThe Commerce Department said Thursday that ground breakings occurred last month at a seasonally adjusted annual rate of 1.2 million units, ...
- Housing sales may see 20-30 per cent decline this year: FitchOverall, Fitch Ratings has assigned a negative outlook to almost one third of Asia-Pacific (APAC) corporate sectors for 2017.
- Recession easing, financial stability needed: Fed chiefFederal Reserve chief Ben Bernanke said on Tuesday that there were initial signs that the prolonged US recession may be easing but warned o...
- DuPont to cut 2,500 jobs, trim 4,000 contractorsDuPont will cut 2,500 jobs, mostly serving the US and European automotive and construction markets.
- US homebuilder sentiment index plunges to record lowHomebuilders' confidence in a near-term housing recovery sank to a new all-time low this month, reflecting growing worries over the US fina...
- More British home builders say jobs slashedBritish homebuilders Bovis and Redrow on Wednesday said their workforces would soon be 40 per cent below levels at the start of the year as...
- High oil prices hit US homebuilding sectorThe surge in oil prices is driving up the cost of key construction materials and further eroding the US homebuyers' confidence.
- Builders remain pessimistic about slumping US housing marketA reading of US homebuilders' sentiment remained unchanged in April, just shy of its record low negative sentiment for the third consecutiv...
- Gold, silver trade further higher in AsiaGold gained further ground in Asia amid speculation a decline in the dollar may boost the appeal of the precious metal as a hedge against t...
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