Tag Archives: supply

Fed’s inflation fight will affect housing supply for decades, says Redfin CEO

Fed’s inflation fight will affect housing supply for decades, says Redfin CEO

The housing market is showing signs of a recovery as the spring home-buying season gets underway. Mortgage rates fell for the second week in a row, declining to the lowest level in more than a month. The average rate on the benchmark 30-year fixed mortgage fell to 6.74% from 6.88% the week prior, per Freddie Mac. And as mortgage rates decline, supply is starting to rebound. New listings hit a 17-month high in February, while the total number of homes for sale rose to the highest level in a… Source link

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Are we still in the throes of a global supply chain crisis?

Are we still in the throes of a global supply chain crisis?

This post was originally published on TKer.co The New York Giants appear to have a supply chain problem. In a research note to clients Friday, Wells Fargo’s Christopher Harvey flagged a locker-room interview with Giants wide receiver Kenny Golladay from earlier in the week. Behind him was a printout notifying players “DO NOT GIVE YOUR GAME JERSEY AWAY OR SWAP IT… THE UNIFORM COMPANY WHO MAKES OUR JERSEYS CAN NOT MAKE ANYMORE FOR US THIS YEAR.” It’s a funny anecdote. It’s also the… Source link

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Egg prices soar nearly 60% as some retail locations see low supply

Egg prices soar nearly 60% as some retail locations see low supply

The cost of eggs stood out in Thursday’s CPI report — rising 59.9% year-over-year and 11.1% month-over-month from November to December. This marked the largest monthly increase since April 2020 and the largest annual jump since September 1973, according to Steve Reed, an economist at the Bureau of Labor Statistics (BLS). Eggs, he said, single-handedly brought up the cost of groceries in December, which rose 0.2% month-over-month. “If you sort of removed eggs, if you took eggs out of [the… Source link

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‘Supply problem’ is keeping housing unaffordable, expert says

‘Supply problem’ is keeping housing unaffordable, expert says

While many forecasts point to home prices declining next year amid slowing home sales, housing will remain unaffordable for many homebuyers, according to one expert. “We have a supply problem with housing,” Marc Norman, associate dean at the NYU Schack Institute of Real Estate, told Yahoo Finance Live (video above). “We’ll see the price declines, but I think the income gains that we are seeing lately are still not keeping up with the prices that we are seeing in the market — in most… Source link

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Mark Cuban Cost Plus Drugs Company takes another step ‘to disrupt the current pharmacy supply chain’

Mark Cuban Cost Plus Drugs Company takes another step ‘to disrupt the current pharmacy supply chain’

The Mark Cuban Cost Plus Drug Company is teaming up with EmsanaRx, a pharmacy benefit manager (PBM) focused on employer plans, to make lower-cost prescription drugs more accessible to patients through their employers. The program, EmsanaRx Plus, is described as “a standalone pipeline” for employers to supply drugs to employees through Cost Plus Drugs, an online pharmacy that offers more than 1,000 of the most in-demand generic medications at significantly marked-down prices. “Like Cost Plus… Source link

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Paring demand without killing supply

Paring demand without killing supply

One goal of the Federal Reserve’s efforts to rein in inflation is to get the housing market “back into balance between supply and demand,” according to Fed Chair Jay Powell. The problem? The central bank’s main inflation-fighting lever largely improves one side of the supply-and-demand equation, while potentially hurting the other. That means the short-term moves to get home price growth under control could exacerbate the years-long trend of too few homes for sale dating back even before… Source link

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Prices for Rolex, Patek Philippe and Audemars Piguet watches will keep plunging due to a flood of supply — but these 3 real assets remain scarce and coveted

Prices for Rolex, Patek Philippe and Audemars Piguet watches will keep plunging due to a flood of supply — but these 3 real assets remain scarce and coveted

Morgan Stanley: Prices for Rolex, Patek Philippe and Audemars Piguet watches will keep plunging due to a flood of supply — but these 3 real assets remain scarce and coveted The second-hand market for luxury timepieces had a huge bull run over the past few years. But according to a recent report by Morgan Stanley using data from WatchCharts — which tracks real-time watch market sales — prices of the most sought-after watches from top luxury brands have dropped significantly. The most… Source link

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Google signs solar power supply deal with SoftBank-backed SB Energy

Google signs solar power supply deal with SoftBank-backed SB Energy

Nov 1 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Tuesday it would buy about three-quarters of the renewable power from SB Energy Global’s Texas facilities, as it aims to operate data centers on carbon-free energy by 2030. Companies are rapidly shifting toward clean energy and transportation as they look to meet environmental and sustainability goals. The $430-billion Inflation Reduction Act signed by President Joe Biden signed in August also seeks to incentivise a shift to clean… Source link

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Google’s Software Delivery Shield Promises End-To-End Security Of Sofware Supply Chain

Google’s Software Delivery Shield Promises End-To-End Security Of Sofware Supply Chain

At the Google Cloud Next conference, Google announced various services that help developers and operators secure the entire software supply chain. It added additional layers of security to existing services such as Artifact Registry, Cloud Build, Cloud Deploy, GKE, and Cloud Run. It also launched new services that help enterprises adopt a “shift left” approach by enforcing security during development. Security PIXABAY What is Software Supply Chain? The term software supply chain refers… Source link

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Home Depot Co-Founder Bernie Marcus blames President Biden for oil supply issues

Home Depot Co-Founder Bernie Marcus blames President Biden for oil supply issues

Home Depot Co-Founder Bernie Marcus says 40-year high levels of inflation would come down if the Biden administration makes it easier for oil companies to drill in the country. “We have a president that just doesn’t believe in that [oil drilling],” Marcus said on a new episode of Yahoo Finance Presents. “We are sitting on tons of oil and gas, and he doesn’t allow us to drill. It’s basically stupid. I can’t come with another word. It’s stupid. And we will continue to suffer this inflation. And… Source link

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