The market is expecting interest rates to rise 0.5 percentage points next week Pressure on the Bank to raise rates…
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The Federal Reserve Keeps Hiking Interest Rates. Is It Helping?
The Federal Reserve has now increased interest rates by 4.25 percent since March of 2022 after holding them well below…
Continue ReadingInternational Distributions Services – Strike Contingencies Keep A Lid On Losses At Royal Mail
International Distributions Services PLC (LON:IDS) saw revenue down 5.4% to £9.1bn over the first 9 months of the financial year.…
Continue ReadingVertiv Legal Update: A Weak Defense Raises Probability of A Large Settlement, Management Purge Speaks To Troubled Company Status
Vertiv Holdings Co (NYSE:VRT) is currently defending two lawsuits alleging fraud – a class action filed in May 2022, and…
Continue ReadingGov. Lujan Proposes New One-Time Tax Rebate From New Mexico of Up to $1,500
New Mexicans may soon get some extra money if a new proposal from Governor Michelle Lujan Grisham is approved. Gov.…
Continue ReadingFive Best And Worst Performing Small-Cap Stocks in Q4 2022
The fourth quarter of 2022 was relatively better for the stock markets, with the S&P 500 up over 7% (its…
Continue ReadingNew Home Sales at 616,000 Annual Rate in December; Annual Sales down 16.4% in 2022
The Census Bureau reports New Home Sales in December were at a seasonally adjusted annual rate (SAAR) of 616 thousand.…
Continue ReadingWeekly Initial Unemployment Claims decrease to 186,000
The DOL reported: In the week ending January 21, the advance figure for seasonally adjusted initial claims was 186,000, a…
Continue ReadingBEA: Real GDP increased at 2.9% Annualized Rate in Q4
From the BEA: Gross Domestic Product, Fourth Quarter 2022 (Advance Estimate) Real gross domestic product (GDP) increased at an annual…
Continue ReadingThursday: GDP, New Home Sales, Durable Goods, Unemployment Claims
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, Gross Domestic Product,…
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