Builder sentiment in the single-family housing market posted an unexpected gain in January, rising for the first time in 12 straight months. Economists had predicted a slight decline. Sentiment rose 4 points to 35 on the National Association of Home Builders/Wells Fargo Housing Market Index. Anything below 50 is still considered negative sentiment. The metric
0 Comments
Municipals were weaker in spots Friday, outperforming a U.S. Treasury selloff, while equities ended up. The three-year muni-UST ratio was at 55%, the five-year at 58%, the 10-year at 64% and the 30-year at 87%, according to Refinitiv MMD’s 3 p.m. ET read. ICE Data Services had the three at 55%, the five at 59%,
0 Comments
Dr. Dre accused Republican Rep. Marjorie Taylor Greene on Monday of copyright infringement after she used the instrumental of his song “Still D.R.E.” in a video shared on Twitter. The nearly two-minute video, which has now been removed from Twitter, reportedly showed Greene walking around the halls of Congress in slow motion to his song.
0 Comments
Rep. Kevin McCarthy was finally elected speaker of the House of Representatives in the wee hours of Saturday morning after failing to win a majority in 14 rounds of voting. For four long, exhausting days, the Republican party struggled to coalesce around a candidate to lead the House after winning a narrow majority in the
0 Comments
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Following FTX’s demise, the DeFi space is up for a complete remodel as crypto users demand better security and compliance practices. SushiSwap’s roadmap for the coming year includes the
0 Comments
Homes in Rocklin, California, US, on Tuesday, Dec. 6, 2022. A record number of homes are being delisted as sellers face a sharp drop in demand, according to real estate brokerage Redfin. David Paul Morris | Bloomberg | Getty Images Sales of previously owned homes dropped 1.5% in December from the previous month, according to
0 Comments
Google’s parent company will axe 12,000 staff, pushing total tech job losses in the past 12 months above 200,000, as industry bosses concede they overextended during the pandemic’s digital boom. The industry-wide cull has affected more than 50,000 people across just four Big Tech companies that also include Amazon, Meta and Microsoft. Apple is the
0 Comments
The Biden administration and some of its European allies have pledged new heavy weaponry to Ukraine, including howitzers, missile defense systems and first-time shipments of armored vehicles. On Thursday, the Pentagon said its new $2.5 billion military aid package will include dozens of Bradley Fighting Vehicles and Stryker armored personnel carriers. The Pentagon stopped short
0 Comments
SINGAPORE Singapores Zilingo is set to enter liquidation, capping a months-long crisis that shocked Asias technology and start-up industries. The fashion tech companys board appointed EY Corporate Services as provisional liquidator, sources familiar with the matter said, asking not to be named as the matter is private. The board informed major shareholders and creditors of
0 Comments