With high prices and mortgage rates, homeowners feel ‘stuck’
A home available for sale is shown on May 22, 2024 in Austin, Texas. Brandon Bell | Getty Images When Rachel Burress moved into her mother’s house around a decade …
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The housing market, explained in 6 charts
Prospective home buyers leave a property for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023. Roberto Schmidt | AFP | Getty Images It’s …
JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | …
Thursday was a strange day in the stock market. That may be good news
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 24, 2024. Brendan McDermid | Reuters Wall Street saw a dramatic shift …
Banks get closer to releasing deposits of stranded customers
Oscar Wong | Moment | Getty Images There may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the past two months. …
Here’s why housing inflation is still stubbornly high
Housing inflation has remained stubbornly high even as inflation in the broad U.S. economy has cooled significantly from peak levels during the pandemic era. Its painfully slow decline is the …
JPMorgan upgrades Malaysia, citing data centers and policy reforms
NEW YORK, NEW YORK – MAY 26: The JPMorgan Chase logo is seen at their headquarters building on May 26, 2023 in New York City. Michael M. Santiago | Getty …
Bill Gross says Tesla is the new meme stock
Bill Gross’ Janus Henderson Global Unconstrained Bond Fund suffered more than $200 million in redemptions last month, lowering assets to $1.25 billion from over $2.24 billion in February. Lucy Nicholson | …
Why more Americans are struggling even as inflation cools
Inflation is slowing down, but prices are still high — and likely to stay that way. That’s generally considered good news. The economy is expanding amid a lower rate of …
Chance of Biden dropping out of presidental race is 40%, Stifel says
There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington policy strategist, is out with a research note that calls …