America’s homebuilders are growing more bullish as buyer demand picks up, driven in part by slightly lower mortgage rates. Homebuilder confidence in the market for newly built single-family homes in February rose 7 points to 42, according to the National Association of Home Builders/Wells Fargo Housing Market Index. This is the highest reading since September
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Former Pittsburgh-based banker Maurice “Mossie” Murphy Jr. moved on from the public finance business more than decade ago but he left his mark on colleagues who said his big personality, camaraderie, and support stood out in their competitive field. Murphy died in December after a three-year battle with cancer. He was 58. Murphy joined the
Federal Reserve Vice Chair Lael Brainard’s pending departure to the White House has spurred speculation over who would replace the influential dove as policymakers weigh how much further to raise interest rates. President Joe Biden, who named Brainard as the new head of the National Economic Council on Tuesday, may be nowhere near deciding whom
Major tenants sometimes have special requirements that require discretionary government approvals. If the approval doesn’t happen, then the tenant no longer wants the space. In these cases the tenant and the property owner will often negotiate to give the tenant the right to terminate the lease if the approval doesn’t come through. Recent litigation in
Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Overall, the annual rate of inflation came in at 6.4%, which, although lower than December’s sum of 6.5%, was higher than
Jens Stoltenberg chooses his words carefully. The strait-laced Norwegian secretary-general of Nato is famous for his ability to stick rigidly to talking points. So when he warned this week that the west’s “under strain” defence sector had “a problem”, he meant it. Russia’s war against Ukraine is almost a year old. Tens of thousands have
Nicola Sturgeon ran out of road. It is as simple as that. Scotland’s first minister, a woman with a strong claim to being the most effective political leader in Britain, has decided the only way was down. The bigger and more important point is that what her departure signifies is an independence movement which also
On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje published a foreboding article with a chilling warning on the state of centralized cryptocurrency exchanges: “Remedies under the current regulatory regime are ineffective. Most investors sign away their rights to their
In this article DVN ABNB GNRC ADI PARA AEO KHC FDS BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines before the bell. Devon Energy — Shares fell 6.4% after the energy company reported fourth-quarter earnings and revenue that both came in under the
Can Bitcoin help Black Americans build wealth in a country that has historically and intentionally prevented them from doing so? The Agenda podcast recently sat down with Najah Roberts, a Bitcoin educator and entrepreneur, to explore the question. In Part 1 of the conversation, released on Feb. 1, Roberts told hosts Jonathan DeYoung and Ray
On Feb. 13, BNB (BNB) recorded its worst daily performance since November 2022, falling 8.5% to below $285. BNB’s price has since recovered to over $298, but its possibility of facing another sell-off remains high. Let’s take a look at a few reasons why. BNB price rising wedge breakdown The ongoing decline in BNB’s price came
The proverbial cemeteries are filled with conservatives who thought they could beat Donald Trump. Some Republicans, like Nikki Haley, the former UN ambassador, who launched a presidential bid this week, were against Trump before they were for him. Now she is against him again. Others, such as Mike Pence, the former vice-president, cannot bring himself
The world’s biggest cryptocurrency, Bitcoin (BTC), is connecting more countries as the government of El Salvador is opening a “Bitcoin Embassy” in the United States. El Salvador, a country that adopted Bitcoin as legal tender in 2021, is expanding its Bitcoin strategy in a new partnership with the government of Texas. The intergovernmental collaboration aims
A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. Joe Raedle | Getty Images After falling for five straight weeks, mortgage rates jumped last week, triggering a decline in mortgage demand. Total mortgage application volume fell 7.7% last week, compared with the previous week, according to the
press release PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity to the NFT marketplace. What is NFEX? NFEX is a
Only 4% of the companies in Spain have managed to apply the metaverse to their operations, according to a survey conducted by ISDI, a national business school. 40% of the business managers surveyed have admitted that it is difficult for them to bring parts of their business to the metaverse in a significant way. Metaverse
Showing an interest in cryptocurrencies might be the key to attracting a romantic partner, according to a Valentine’s Day survey conducted by Binance. The cryptocurrency exchange carried out a global survey in the lead-up to the annual romantic holiday, with 2,600 participants weighing in on the importance of an interest in crypto in potential partners.
South Korea’s second-largest city, Busan, is making efforts to become a crypto hub. Busan has been designated by the Korean government as a “super-aged” city, and its officials believe that crypto could help turn things around by attracting young people, tech startups, and investors. South Korean City Wants to Become a Crypto Hub The second-largest
After a visit to El Salvador, the International Monetary Fund (IMF) suggested the country reconsider its plans to increase exposure to Bitcoin (BTC). The community responded to the IMF’s suggestion with various messages calling out the organization. From dismissing the IMF’s suggestion as a simple case of spreading fear, uncertainty and doubt, or “FUD,” to
Nicola Sturgeon has resigned as Scotland’s first minister and leader of the Scottish National party after a backlash over her strategy for securing independence and a fall in popularity over proposed gender laws. Sturgeon, who has led the SNP for eight years, told a press conference in Edinburgh that giving everything to the “best job
A look at two aggressive growth stocks that are Zacks Rank Buys First Solar: https://www.zacks.com/stock/quote/FSLR?cid=CS-YOUTUBE-FT-VID Saia: https://www.zacks.com/stock/quote/SAIAcid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch