Homeowners Don’t Want to Sell, So Home Builders Are Booming
High mortgage rates are dissuading sellers, leaving new construction the only game in town. ‘There was no inventory on the existing market, […]
Antitrust Enforcers Issue Blueprint for Challenging More Mergers
Draft guidelines target deals involving technology platforms, private-equity practices and harm to workers.
America Is Becoming a Nation of Early Birds
Dinner parties at 5 p.m.? More consumers of all ages are sliding activities back. Night owls wonder where the action is.
Pound Falls, But Lower UK Inflation May Not Prevent 50Bps Rate Hike in August
A bigger-than-expected drop in U.K. inflation caused sterling to fall, but prices remain high and the weaker print is unlikely to be […]
Gold Has High Chance of Breaching Resistance at Ichimoku Cloud’s Top, Charts Show
Gold has a high chance of breaching resistance at the top of the daily Ichimoku cloud, which is currently near $2,000/oz, said […]
SKF Keeps Sales Outlook After Second-Quarter Beat
SKF said it still sees high single-digit organic sales growth for the full-year after posting above-forecast results in the second quarter, with […]
Eurozone Bond Yields Extend Fall, But July Rate Rise Remains on Track
Eurozone government bond yields extended their falls following comments on Tuesday from the ECB’s Klaas Knot, with LBBW saying a rate rise […]
UK Inflation Drops More Than Expected
Consumer prices in the U.K. were 7.9% higher in June, while the core rate fell to 6.9%, a relief for the BOE […]
Volvo Raises Full-Year Market Outlook
Volvo reported a rise in adjusted operating margin to 15.4% in the second quarter, while deliveries rose 5%, and the company raised […]
U.K.’s Stubborn Inflation Means More Pain for Homeowners, Renters
Consumer prices in the U.K. continue to rise at a faster rate than in most other rich countries, threatening fresh hardship for […]
U.S. Rate Rises Have Hit the Yen Hard, but Now It’s Staging a Comeback
Japan’s currency has surged against the dollar this month. Central bank moves look set to boost it further.