Why Bill Ackman thinks the economy will soon need a Fed rate cut
Stock markets are setting up for another day of gains, thanks to Fed Gov. Christopher Waller, who sparked fresh optimism that the central bank is...
David Einhorn’s Greenlight Capital invests in gold
David Einhorn’s Greenlight Capital cut its stakes in its top two holdings, U.S. housebuilder Green Brick Partners and Pennsylvania coal miner Consol Energy , and...
Housing affordability drops to the lowest level since 1984
It’s an unwelcome blast from the past — home buyers are facing the most unaffordable housing market since the 1980s, according to a new report....
Home Sales on Track for Slowest Year Since Housing Bust
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Will China's Property Market Collapse Trigger a Financial Crisis?
China’s property market is on the brink, reminiscent of the U.S. 2008 crisis. Despite housing sales plummeting, Beijing’s intervention might not save the day. Banks,...
Watching the Real-Estate Bust
The pandemic severely affected mall retailers. The mall’s occupancy plummeted from 96% to below 50%. Owners Unibail-Rodamco-Westfield and Brookfield Properties ceased mortgage payments, and by...
Real-Estate Doom Loop Threatens America’s Banks
Listen to article (2 minutes) Bank OZK had two branches in rural Arkansas when chief executive officer George Gleason bought it in 1979. The Little...
Vietnam EV maker VinFast to start construction of U.S. factory next week By Reuters
© Reuters. FILE PHOTO-The logo of VinFast is pictured at the 2022 Paris Auto Show in Paris, France October 17, 2022. REUTERS/Stephane Mahe/File photo HANOI...
DoubleLine’s Gundlach warns stocks are ‘exhibiting signs of a mania’
“ “The stock market, frankly, is exhibiting signs of a mania, where you have a very concentrated part of the market’s that driving the entire...
Treasury Secretary Yellen warns of commercial real estate ‘issues’ that could strain banks
““I do think that there will be issues with respect to commercial real estate.”” — Treasury Secretary Janet Yellen, in an interview Wednesday with CNBC’s...