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Costco’s sales fall for first time in over a decade
Fewer shoppers visited stores in April amid coronavirus pandemic, while low gas prices also ate into sales.....»»
Oil rises as U.S. crude stocks fall again, Fed cuts interest rates
Oil prices rose for a fifth day on Wednesday following a larger-than-expected drop in U.S. inventories and after the Federal Reserve cut U.S. interest rates for the first time in more than a decade......»»
Oil rises as U.S. crude stocks fall, market awaits U.S. Fed rate cut
Oil prices rose for a fifth day on Wednesday, supported by a larger-than-expected drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will lower borrowing costs for the first time in more than a decade......»»
Oil rises for fifth session as stockpiles fall and market awaits Fed
Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will lower borrowing costs for the first time since the financial crisis more than a decade ago......»»
Manhattan home prices fall for first time since financial crisis
New tax law changes cost New Yorkers an estimated $14 billion last year. CNBC's Robert Frank reports on how the new tax rules are hurting housing prices......»»
San Francisco Bay Area home prices fall for the first time in 7 years
Not since the bottom of the last housing crash have homes in the San Francisco Bay Area lost value. But prices follow sales, and sales have been running extraordinarily low since last summer, when mortgage rates spiked......»»
Bay Area home prices fall for the first time in 7 years
Not since the bottom of the last housing crash have homes in the San Francisco Bay Area lost value. But prices follow sales, and sales have been running extraordinarily low since last summer, when mortgage rates spiked......»»
A "self-fulfilling prophecy" is making the housing market more hellish for first-time buyers
Drew Angerer/Getty The share of Americans who think now is a good time to buy because home prices won't fall is at a record high, according to the University of Michigan's consumer sentiment survey. This is creating a.....»»
Hong Kong Home Prices Fall For First Time In 29 Months
Authored by Jan Kot via Mingtiandi.com, Hong Kong’s private home prices marked their first decline in 29 months only days after Hong Kong banks announced hikes in raising their benchmark lending rates for the first time in more than a decade.....»»
Lego is cashing in big time on its adult fan base, doubling its revenue in the last decade
Lego is cashing in on its adult fan base, targeting those who are willing to pay "big kid" prices. .....»»
Copper flirts with all-time highs, topping $10,000 for the first time in over a decade as the economic rebound pushes metals higher
Copper prices rose to as high as $10,008 a ton on the London Metal Exchange Thursday before falling from 10-year highs. A worker inspects batches of processed copper at Mutanda Mining Sarl, Democratic Republic of the Con.....»»
New residential zoning could lower housing costs, economists say
Many Ohio economists think relaxing zoning codes around the state could cut the cost of housing at a time prices are steadily going up. "Zoning is trying to deal with a lot of competing problems ... but it can be more valuable as a scalpel".....»»
Elon Musk issues "urgent" plea for more housing in Austin, Texas, as Tesla and SpaceX look to fill hundreds of jobs
Housing prices near the Texas capital hit an all-time high in 2021 as new residents continue to drive up the red-hot housing market. Tesla CEO Elon Musk. Pascal Le Segretain/Getty Images Tesla and SpaceX CEO Elon Musk called f.....»»
Southern California home prices reach all-time high in February
The median home price in the Southern California region rose nearly 15% in February compared with a year earlier, according to data from DQNews. The record-high shows how a pandemic-fueled housing boom is.....»»
Housing starts fall 10.3% in February to 1.42 million annual rate
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
NewsWatch: Why ‘the next big shoe to drop’ in the U.S. economy could hit by July
The last time a housing bubble popped, it took four years to play out. But things move fast during this pandemic — just look at the record-breaking action in the stock market — and if Wolf Richter has it right, pent-up supply could soon ravage prices......»»
U.S. import prices fall 2.6% in April
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»
In One Chart: Why ‘the next big shoe to drop’ in the U.S. economy could hit by July
The last time a housing bubble popped, it took four years to play out. But things move fast during this pandemic — just look at the record-breaking action in the stock market — and if Wolf Richter has it right, pent-up supply could soon ravage prices......»»
Costco’s sales fall for first time in over a decade
The number of new in New York declined slightly last week, but the number of people receiving benefits now tops 1.76 million. About 195,000 people filed for benefits in the week ended May 2, down... To view the full story, click the title link......»»
Home prices could fall by as much as 4% because of the coronavirus pandemic, Zillow says
A false restart of the economy could create a worst-case scenario for the country’s housing market, an analysis by Zillow says......»»