US median home prices rose just 3.9% YoY, the slowest growth since October 2023, due to high mortgage rates and low inventory. Pending sales dropped 37%, signaling a cooling market heading into 2024.
US Home Price Growth Slows to Lowest Rate Since October 2023 Read More »
Key inflation data and major bank earnings will dominate market focus this week. CPI data released Wednesday will be crucial as investors watch for signs that inflation is cooling towards the Fed’s 2% target.
Economic Data and Corporate Earnings to Dominate Market Focus Read More »
Japan’s Finance Minister warns of potential intervention as the yen weakens against the dollar amid speculation. Market anxieties heighten ahead of key Bank of Japan events that could further impact the currency.
Japan Renews Warnings Against Yen Speculation Amid Currency Weakness Read More »
Nippon Steel remains committed to acquiring U.S. Steel despite Biden’s block and ensuing lawsuits, citing a strong legal case and continued interest in U.S. partnerships. The acquisition’s future remains uncertain amid competing bids and national security concerns.
Nippon Steel Still Keen on U.S. Steel Acquisition Despite Biden’s Block Read More »
TSMC projects strong 2025 growth driven by AI chip demand, despite market uncertainties and US-China tech tensions. Capital expenditure will increase significantly, fueling global expansion and advanced technology development.
TSMC Projects Strong 2025 Growth Driven by AI Chip Demand Read More »
Maverick Carter, LeBron James’ partner, seeks $5 billion to launch a rival international basketball league challenging the NBA. The league plans a unique format with teams based in eight global cities, mirroring Formula 1’s structure.
Maverick Carter Spearheads $5 Billion Funding for Rival International Basketball League Read More »
U.S. importers are rushing shipments to avoid potential tariffs under a possible second Trump presidency. This surge, driven by concerns over cost increases, mirrors a trend from Trump’s first term and adds to already high import volumes.
Importers Rush Shipments Ahead of Potential Trump Tariffs Read More »
Kimberly-Clark’s international tissue business, valued around $4 billion, attracts buyers like Royal Golden Eagle, Suzano, and Asia Pulp & Paper. This potential sale follows lowered sales forecasts and signals a strategic shift for the company.
Kimberly-Clark’s International Tissue Business Attracts Potential Buyers Read More »
UK homebuyers are increasingly choosing 35-year mortgages to afford rising property prices. While offering lower monthly payments, these extended terms carry long-term financial risks, especially for retirement planning.
UK Homebuyers Embrace 35-Year Mortgages: Navigating Affordability and Long-Term Risks Read More »
Wall Street’s 2025 stock market predictions range from bearish to highly bullish, with an average S&P 500 target of 6,539, suggesting an 8% gain. Analysts cite factors like economic growth, AI advancements, and potential risks like overvaluation and policy changes.
Wall Street’s 2025 Stock Market Predictions: A Comprehensive Overview Read More »
