by Bloomberg.com | Jul 23, 2024 | alerts, Markets/Economy
More sellers are cutting asking prices on listed homes Properties have been lingering on the market for longer US home deals were canceled at the highest rate on record for a June as affordability pressures sidelined potential buyers. Nearly 56,000 home purchases were...
by MarketWatch.com | Jul 23, 2024 | alerts, Markets/Economy
CEO says consumer and retail environments remain ‘choppy’ Kimberly-Clark Corp.’s stock fell 3.9% Tuesday, after the parent to consumer brands including Huggies, Kleenex and Scott toilet paper posted weaker-than-expected sales for its second quarter to offset a profit...
by Bloomberg.com | Jul 23, 2024 | alerts, Markets/Economy
June closings fell to 3.89 million rate, below all estimates Prices hit another record even as supply continued to rise Existing-home sales in the US slumped to one of the slowest paces since 2010 in June, as sellers wait for mortgage rates to fall further and buyers...
by BusinessInsider.com | Jul 19, 2024 | alerts, Markets/Economy
Stock market crashes can leave positive legacies in their wake — even though they cause plenty of immediate pain. In the US, stock market crashes led to the creation of the Federal Reserve System, the SEC, and the FDIC. While the triggers for stock market crashes...
by Bloomberg.com | Jul 19, 2024 | alerts, Markets/Economy
Marketing costs expected to jump 15% this year, company says Full-year profit guidance climbs after sale of Accertify American Express Co. said it’s planning to increase spending on marketing even as billings growth on the company’s credit cards slowed in the second...
by Bloomberg.com | Jul 19, 2024 | alerts, Markets/Economy
European stocks fell for a fifth day as a series of technical glitches swept around the world, hitting trading, travel and support services. The Stoxx 600 Index ended the session with a loss of 0.8% to notch its worst week since October. Travel and leisure stocks were...
