Global central bank easing cycle grinds along in October
By Karin Strohecker and Sumanta Sen LONDON (Reuters) - The global monetary easing cycle ground along in October, with central banks across developed and emerging economies...
By Karin Strohecker and Sumanta Sen LONDON (Reuters) - The global monetary easing cycle ground along in October, with central banks across developed and emerging economies...
BUCHAREST (Reuters) - The median forecast of a Reuters poll of analysts puts Romanian inflation at 4.4% year-on-year at the end of October, down from September's 4.62%. Analysts...
As the Federal Reserve's FOMC (Federal Open Market Committee) meeting approaches on Thursday, investors anticipate a potential interest rate cut. This could have significant implications for the home remodeling sector, which is expected to rise to $477 billion by 2025, according to Harvard University's Joint Center for Housing Studies. Angi co-founder Angie Hicks joins to discuss how a rate cut could boost the home remodeling space. Hicks notes that houses are the largest investment for most Americans, so "we need to make sure it fits our lifestyle." She explains that if rates were to come down, this would allow homeowners to tap into their home equity lines of credit (HELOCs) to invest in remodeling their homes to better suit their needs and preferences. Hicks offers several tips for those considering a home remodeling project: "identify your budget" and understand how much you're comfortable spending, create a timeline to maximize the value of your investment, and make sure to hire trusted professionals to get the job done. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith
U.Today - A recently emerged Bitcoin (BTC) price prediction has the crypto community worried as it points to a "shooting star" candle on Bitcoin's weekly chart, which could signal...
The 2024 US presidential election is underway as Americans across the nation cast their ballots for the 47th president of the United States. The SPDR Homebuilder ETF (XHB) is trading higher on Tuesday, with some market participants anticipating potential benefits for the homebuilder sector depending on the outcome. Yahoo Finance Housing Reporter Dani Romero dives into the details, highlighting how a victory for Vice President Kamala Harris could boost homebuilder stocks such as D.R. Horton (DHI) and Lennar (LEN). To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith
MADRID (Reuters) - The negative effect of lower interest rates on Spanish banks' profitability should be limited and at least partly offset by rising loan volumes, the Bank of...
(Reuters) - The U.S. Federal Reserve cut interest rates by an oversized 50 basis points in its Sept. 17-18 meeting that Chair Jerome Powell said was meant to show policymakers'...
- The new Labour government announced its first budget last week, and Deutsche Bank (ETR:DBKGn) now studies whether the UK public finances are on a more stable...
The tight race has resulted in enough liquidity in the ETF world ahead of Election Day.
By Stefanno Sulaiman and Fransiska Nangoy JAKARTA (Reuters) - Indonesia's gross domestic product in the third quarter increased 4.95% from a year earlier, its slowest pace in a...