The latest data from the Energy Information Administration (EIA) reveals a substantial decrease in {{8849|U.S. crcrude oil inventories, indicating a stronger-than-expected demand...
The latest data on new home sales has been released, revealing an annualized number of 716,000 new single-family homes sold during the previous month. This figure has shown a...
(Bloomberg) -- Applications to refinance mortgages surged for a second week as more Americans capitalized on the cheapest borrowing costs in two years.Most Read from BloombergEric Adams' Vanishing Promise to Fix NYC's 'Unfair' Property TaxesExclusive Palo Alto Girls School Borrows $106 MillionWaiting for the Miracle of Church-to-Housing DevelopmentWhere Cargo Bikes Are Freeing Cities From Polluting VansNY’s MTA Warns Against Borrowing More Than $13 BillionThe Mortgage Bankers Association’s refin
-- Australian consumer price index inflation eased as expected in August, hitting a three-year low following government programs aimed at curbing high energy costs,...
U.S. stocks drifted to more records Tuesday after Chinese stocks soared following a slew of moves by the Chinese central bank to prop up the world’s second-largest economy. The movements were tentative, though, and the index wavered up and down following a surprisingly weak report released in the morning on confidence among U.S. consumers. The Dow Jones Industrial Average added 83 points, or 0.2%, to its own record set the day before, while the Nasdaq composite gained 0.6%.
Will inflation stage a comeback?
In the latest economic data, the Conference Board (CB) reported a drop in the Consumer Confidence index, a key indicator of consumer sentiment and potential future spending. The...
-- Japanese manufacturing activity shrank more than expected in September as major automakers continued to grapple with production disruptions, while services activity...
The U.S. stock market appears to have “earnings momentum” over the next year, with an S 500 price target of 6,000 in 2024 not much of a stretch from its current level, according to DataTrek Research.
The S&P Global US Services Purchasing Managers' Index (PMI), a key indicator of economic health in the service sector, has seen a slight increase, according to the latest data...