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Topline Home builder confidence plunged every single month this year as higher interest rates weakened demand in the formerly booming housing market, the National Association of Home Builders reported Monday, but with the Federal Reserve finally starting to slow down on its aggressive interest rate hikes, economists think the end of the collapse could be
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Twitter users have voted for Elon Musk to step down as the social network’s chief executive, adding to turmoil over the future of the San Francisco-based company. The billionaire entrepreneur, who bought Twitter for $44bn in October, launched a poll via the platform on Sunday asking whether he should remain at the helm, adding: “I
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An Oklahoma legislator has once again filed a bill prohibiting government contracts with companies, including banks that underwrite municipal bonds, if they “discriminate” against the firearm industry. Republican State Sen. Casey Murdock authored a similar bill that fell short of passage in the 2022 legislative session. “The bill actually had wide margins of support in
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In this article LULU ORCL XRAY NKE Follow your favorite stocksCREATE FREE ACCOUNT Domino’s will roll out 800 custom-branded 2023 Chevy Bolt electric vehicles at locations across the U.S. in the coming months. Domino’s Despite the encouraging signs that the economy is throwing our way, the lingering fear of a recession occurring in 2023 has
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In this article SNAP T NFLX MS Follow your favorite stocksCREATE FREE ACCOUNT The Netflix logo is seen on a TV remote controller, in this illustration taken January 20, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading. Netflix— Netflix tumbled 8.6% following a report from Digiday that said the
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After the former 45th president of the United States, Donald Trump revealed his non-fungible token (NFT) trading card collection, Trump’s NFTs sold out within hours after the announcement. Statistics from Opensea, three days after the sale, show that the Trump NFT trading card collection’s floor value is now .49 ether or roughly $578. Trump NFTs
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Covid-19 is spreading rapidly through China’s biggest cities, leading to widespread medicine shortages and exposing Beijing’s lack of preparation after authorities reversed strict pandemic controls. Residents of Shanghai, Shenzhen and other cities reported pharmacies have sold out of fever medicine and Covid tests, while social media images contrast long queues outside Covid clinics with otherwise
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The clock is ticking on Congress waiving PAYGO for Build America Bonds, a budget bear trap that could delay promised subsidy payments totaling $14 billion to issuers. The dilemma has been a constant irritant to the muni market issuers who have based their budgets on promises of getting reimbursed by the federal government for bonds
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