Tag Archives: ahead

Housing correction is ‘dead ahead,’ warns Moody’s chief economist Mark Zandi — here’s how he sees things playing out over the next several months Existing home sales showed a 5.4% decline in June from May, but prices remain elevated, according to the National Association of Realtors. The median sale price of existing homes in the U.S. set a new record high of $416,000 in June, marking a 13.4% increase from a year ago. Yet for those continuing to watch these rising home prices, chief… Source link

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 14, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register SINGAPORE, July 27 (Reuters) – Better-than-expected results at Microsoft and Google helped soothe a nervous mood in stock markets on Wednesday, while a cut in Russian… Source link

By Luc Cohen NEW YORK (Reuters) -Former U.S. Congressman Stephen Buyer has been charged with insider trading over purchases of shares in telecommunications company Sprint before it merged with T-Mobile US Inc, prosecutors said on Monday. Buyer, a Republican who represented Indiana in Congress between 1993 and 2011, was working as a consultant to T-Mobile ahead of the 2018 merger, according to an indictment filed by federal prosecutors in Manhattan. “It’s always troubling whenever there’s… Source link

The busiest week of the year for investors is here. A jam-packed week of market-moving developments awaits traders in the coming days, headlined by the Fed, tech earnings, and key economic data. The Federal Reserve’s latest policy meeting is set to take place this coming Tuesday and Wednesday, July 26-27, with the central bank expected to raise interest rates another 75 basis points. On the earnings side, some of the S&P 500’s most heavily-weighted components — including Microsoft (MSFT),… Source link

Henrik Stenson has been stripped of his European Ryder Cup captaincy in advance of an expected move to the breakaway LIV Golf tour. Ryder Cup Europe announced the move, “with immediate effect,” on Wednesday morning. “In light of decisions made by Henrik in relation to his personal circumstances, it has become clear that he will not be able to fulfill certain contractual obligations to Ryder Cup Europe that he had committed to prior to his announcement as captain on Tuesday, March 15, 2022,”… Source link

Google has released the fourth and final Android 13 beta ahead of its official launch, which the company says is “just a few weeks away.” There aren’t many changes with this latest update, as Google already reached platform stability with Android 13 beta 3 last month. The company released the first developer beta in February and made notable announcements with the release of the second public beta in May at its developer conference. Previous Android 13… Source link

Four Seahawks Labeled “Underrated” Ahead Of 2022 NFL Season The Seattle Seahawks are preparing to head into the 2022 NFL season with several new faces as well as key starters returning from injury. Tim Weaver of Yahoo Sports ranks his top-four underrated players on the Seattle Seahawks roster heading into training camp and the upcoming season. Making the cut are safeties Jamal Adams and Quandre Diggs, defensive tackle Shelby Harris and outside linebacker Uchenna Nwosu. Weaver starts out by… Source link

Sophia Smith (left) scored two goals in the USWNT’s rout of Jamaica at the 2022 CONCACAF W Championship. (Photo by Jaime Lopez/Jam Media/Getty Images) Nine months before the 2019 U.S. women’s national team conquered all comers, it was already a finished product. It hadn’t yet clinched a spot at the World Cup it would eventually win, but the 11 players who opened a breezy qualifying campaign on Oct. 4, 2018, became the core that triumphed the following summer. Of the 11, 10 started the… Source link

The Denver Nuggets are parting with Will Barton after eight seasons. (AAron Ontiveroz/MediaNews Group/The Denver Post via Getty Images) The Denver Nuggets will trade Will Barton and Monte Morris to the Washington Wizards in exchange for Kentavious Caldwell-Pope and Ish Smith ahead of NBA free agency, according to multiple reports. In his first move since taking over basketball operations in the wake of team president Tim Connelly’s departure, Nuggets general manager Calvin Booth made a deal to… Source link

The U.S. Federal Reserve risks weak economic growth throughout this year due to its backward-looking, “draconian” rate hikes, warned Wall Street’s best-known tech sector bull. ARK Invest founder Cathie Wood, who became famous for her prescient bets on disruptive technologies led by companies such as Tesla, argued the Fed must temper its policy given leading economic indicators were flashing red. These included speculative bets indicating an expectation for rising bankruptcies via… Source link