Monday, Jun 14, 2021 - 18:19:53
392 results - (0.000 seconds)

market prices:

latest news at page 1:
    New York (CNN Business)There is a gigantic disconnect between Main Street and Wall Street when it comes to inflation. Something's got to give.The US government reported last week that consumer prices, excluding food and energy, rose at their fastest clip since 1992 in May. Sherwin-Williams (SHW) is lifting the price of paint, one of many companies that's responding to higher...
    Homeowners are getting wealthier and wealthier, according to CoreLogic’s latest report. Homeowners with mortgages saw their equity increase by $1.9 trillion – or about 20% – in the first quarter of 2021, according to CoreLogic Homeowner Equity Report. Each borrower gained about $33,400, which is the largest average equity gain in at least a decade, according to the report. (Home...
    A customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021.David Paul Morris | Bloomberg | Getty Images Inflation has been warming up this spring, and it's expected to hit historical levels for the month of May. The consensus forecast for the core consumer price index, which...
    MIAMI (CBSMiami) – A global microchip shortage has affected nearly every major automaker, resulting in a slowdown in the production of new cars and trucks. As a result, demand for used vehicles has soared around the nation, along with the prices people are paying for these vehicles. So, harder to get new cars and trucks are driving demand in the...
    London (CNN Business)Grant McGurn is really glad he jumped on a FaceTime call with his dad.The 27-year-old office manager in Madison, Wisconsin, had put all of his investments into cryptocurrencies, including bitcoin, ethereum and dogecoin, a joke coin whose rapid ascent he considered entertaining if "ridiculous." That alarmed his father, an experienced investor."He knew I had all my money in...
    Rising inflation is one of the major economic stories of the moment, as the economy recovers from business shutdowns and job losses over the past year. Prices dropped during the height of the coronavirus pandemic as a result of the drop in demand. Now, there's demand — but with more limited supply. "The comparison to a year ago is going...
    The demand for homes in Australia is far outstripping the supply of properties in the market. Mikulas/ Getty Images Property prices in the US may be heating up, but so are those down under in Australia.  One realtor told Insider he saw 20% increases in property prices within a matter of months. Sydney's property prices are rising by...
    Official cars are seen outside Grand Hotel Wien after a session of meeting of the Joint Comprehensive Plan of Action (JCPOA) on "Iran nuclear deal talks" in Vienna, Austria on May 01, 2021.Askin Kiyagan | Anadolu Agency | Getty Images A nuclear deal between the U.S. and Iran could send energy prices higher — even if it means more supply...
    An engineer working at a power plantWitthaya Prasongsin | Moment | Getty Images Oil prices could temporarily spike to $80 per barrel or more this summer as demand comes roaring back. The reopening economy has already sent crude up about 40% since the start of the year, but a surge in driving by Americans, as well as an increase in...
    VIDEO1:1401:14Ed Yardeni: 'People are just going to keep spending'Trading Nation The post-lockdown spending frenzy may contribute to a sharp rise in inflation, but Ed Yardeni believes the economy can handle it. Yardeni, who spent decades on Wall Street running investment strategy for major firms including Prudential and Deutsche Bank, sees inflationary pressures as a temporary byproduct tied to massive reopenings...
    (CNN Business)Jamie Dimon acknowledged the housing boom may be getting out of hand, but the JPMorgan Chase (JPM) CEO isn't worried about a repeat of the Great Recession.Dimon acknowledged during a Senate hearing on Wednesday that there "is a little bit of a bubble in housing prices." But, he added, "unlike in '08 and '09, when there was tremendous leverage...
    More On: amazon Amazon close to deal to buy Hollywood studio MGM: report Buy an Amazon Kindle and get 3 months of Kindle Unlimited for free Amazon halts construction at Connecticut site after 7th ‘noose’ found It’s a bird, it’s a pain: why today’s superheroes behave so badly The District of Columbia has sued Amazon, accusing the online retail...
    More On: houses BLM co-founder says black homeownership helps fight ‘white supremacy’ Here’s how to win a fully furnished, $250K historic Italian townhouse — for $32 ‘Like a bomb went off’: House explodes in upstate New York US families say their houses are dirtier than they’ve ever been America’s housing market has grown so overheated as demand outpaces supply...
    Home prices across the U.S. are going through the roof, rising at the fastest monthly pace in more than seven years as house-hunters compete for a dwindling supply of houses. The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, rose 13.3% in March from a year earlier, the biggest gain since December 2013. That increase followed a surge of...
    A real estate broker, right, gives a tour for potential home buyers during an open house in Manhattan Beach, California.Patrick T. Fallon | Bloomberg | Getty Images Home prices in March were 13.2% higher in March, compared with March 2020, according to the S&P CoreLogic Case-Shiller National Home Price Index. That is up from the 12% annual gain in...
    MIAMI (CBSMiami) – South Florida’s real estate market is a sellers dream right now. “I’ve never seen a market like this one. The prices are increasing at an astronomical rate,” said Melissa Miller, a top real estate broker in Weston. READ MORE: Hallandale Beach PD: Jeffrey Fleming Arrested For Shouting Anti-Semitic Slurs, Dumping Human Feces At Chabad Of South Broward...
    VIDEO2:0502:05'In real terms, the home prices have never been so high,' Robert Shiller saysTrading Nation Nobel prize-winning economist Robert Shiller is worried a bubble is forming in some of the market's hottest trades. He's notably concerned about housing, stocks and cryptocurrencies, where he sees a "wild west" mentality among investors. "I haven't done that in print. I've been saying that,"...
    FOLLOWING the pandemic, lumber prices increased in price across the US leaving many businesses facing a potential shortage. Here we explain why lumber is so expensive and whether there is a shortage of the raw material.   3There was an increase in lumber prices following the pandemicCredit: Getty Why is Lumber so expensive? As the pandemic caused devastation to the...
    LOS ANGELES (CBSLA) — Owning a home is part of the American dream for most people, but for many living in Southern California it’s getting more and more expensive to turn that dream into a reality. Tips for those hoping to list or buy a home in a hot market. According to the California Association of Realtors, the median home...
    Electricity pylons are seen in front of the cooling towers of the coal-fired power station of German energy giant RWE in Weisweiler, western Germany, on January 26, 2021.INA FASSBENDER | AFP | Getty Images LONDON — The cost of polluting in Europe is experiencing a meteoric rise unlike any period since its inception in 2005, driven higher by the region's...
    HAYWARD — Car buyers throughout the Bay Area are facing high prices and limited supply because of a pandemic-induced shortage of semiconductors, a supply pothole that has trickled down to used cars and is leaving buyers and dealers frustrated. That was the reality that greeted Anthony Di Miceli, who came to the Auto Deals dealership in Hayward to look for...
    MINNEAPOLIS (WCCO) — If you’re in the market for a new car, you may have noticed “used” could be the way to go. The pandemic caused a shortage of computer chips and other components needed to build new cars and trucks, which pushed used car sales up 10%. It’s the largest one-month increase in nearly 70 years. READ MORE: Despite...
    The reopening U.S. economy and lingering pandemic shortages are driving used cars to their highest prices in years. The rise has made some vehicles once coveted by consumers for their good value markedly less affordable. For instance, a 2017 Nissan Maxima with nearly 125,000 miles at the Dream Auto Group dealership in Woodlands,Texas, is listed for over $20,500. The dealership...
    By Hanna Ziady | CNN Business It wasn’t long ago that real estate experts were bracing for the worst. The coronavirus pandemic had sent large parts of the world into lockdown, shuttering businesses, costing tens of millions of workers their jobs and putting the housing market into a deep freeze. The number of people asking lenders for more time on...
    Here are the most important news, trends and analysis that investors need to start their trading day: Sell-off is set to continue with futures falling again Another inflation report on deck after higher-than-expected CPI Cryptocurrency market tumbles after Tesla stops car purchases with bitcoin Colonial Pipeline restarts after ransomware attack SoftBank’s Son says he expects even more massive returns...
    London (CNN Business)It wasn't long ago that real estate experts were bracing for the worst. The coronavirus pandemic had sent large parts of the world into lockdown, shuttering businesses, costing tens of millions of workers their jobs and putting the housing market into a deep freeze. The number of people asking lenders for more time on their mortgage payments surged...
    Stocks fell sharply Wednesday as investors fretted over data showing that U.S. consumer prices rose at their fastest rate last month since 2008, raising concerns about surging inflation.  The Dow slid 681 points, or 2%, to close at 33,588. The broader S&P 500 stock index fell 89 points, or 2.1%, to 4,061, while the tech-heavy Nasdaq ended the day down...
    Traders on the floor of the New York Stock Exchange.Source: NYSE Red-hot consumer inflation data for April spooked markets and raised concerns that the Fed is wrong about rising prices being just temporary. If the Fed is wrong, that means that it could begin to unwind its easy policies quicker than expected and ultimately raise interest rates. The Consumer Price...
    The pandemic-era real estate market has emerged as a windfall for sellers and a headache for buyers. A shortage of for-sale homes continues to boost prices across the nation by double-digits — and is pushing house hunters to go to extremes to win bids.  Take a home near the Microsoft campus outside of Seattle that was listed for about $725,000....
    Investors recoiled from stocks on Tuesday, selling off energy and consumer finance shares and taking technology equities for a wild ride. The Dow Jones Industrial Average fell nearly 474 points, a 1.36 percent decline. The S&P 500 fell by nearly nine-tenths of a percentage point. The Nasdaq Composite fell began the day with a lurch downward by almost 2 percent...
    New York (CNN Business)US stocks tumbled out of the gate Tuesday as investors grow increasingly concerned about raw material price spikes, shortages and inflation.Prices are rising all over the place as commodities, shipping costs and more related categories become more expensive.Even though the shortages and global supply issues have been lurking in plain sight for months, these worries are really...
    Tom Chiu, a pastor at a local church, needed a bigger house to conduct ministerial work – Bible studies, counseling and Christian fellowship. In Silicon Valley, matching a minister’s salary to a comfortable home with a spacious yard required a minor miracle. Months of searching, lost bids and over-extended budgets led to an all-out plea to his real estate agent...
    New York (CNN Business)Just when you thought you were in the clear to stock up on toilet paper again, wood pulp, the primary raw material used to make it, is getting more expensive."We've never seen monthly price increases like this in the history of the business," said Brian McClay, a pulp industry analyst. "It's unheard of."Prices for market pulp have...
    The luxury rental market in New York City is quickly bouncing back from pandemic doldrums, while prices in London continue to tumble, new data shows. In Manhattan's most expensive neighborhoods, rents rose 5.9 percent this year through March, while prime central London saw prices fall 14.3 percent in the same period, according to data from Knight Frank.  While New York...
    A child passes by the Marriner S. Eccles Federal Reserve Board Building on Constitution Avenue, NW, on Monday, April 26, 2021.Tom Williams | CQ-Roll Call, Inc. | Getty Images Rising asset prices in the stock market and elsewhere are posing increasing threats to the financial system, the Federal Reserve warned in a report Thursday. In its semiannual Financial Stability Report,...
    A worker labels copper products at Truong Phu cable factory in northern Hai Duong province, outside Hanoi, Vietnam August 11, 2017.Kham | Reuters The world risks "running out of copper" amid widening supply and demand deficits, according to Bank of America, and prices could hit $20,000 per metric ton by 2025. In a note Tuesday, Bank of America commodity strategist...
    New York (CNN Business)As the pandemic crushed the US economy last spring, sawmills shut down lumber production to brace for a housing slump. The slump never arrived and now there isn't enough lumber to feed the red-hot housing market. The shortage is delaying construction of badly needed new homes, complicating renovations of existing ones and causing sticker shock for buyers...
    VIDEO1:0401:04Wall Street set for a flat open after a strong start to MayMorning Report Selling in Big Tech and other high-growth stocks kept the major market indexes under pressure on Tuesday and more than erased the S&P 500's strong start to the month on Monday. The broad market index fell about 1.2%, while pressure on some of the globe's largest...
    The U.S. housing market is on a hot streak — and it may get even toastier for some home sellers in the next several weeks. Home prices tend to sell at a premium during May and June, providing a significant bump over a home's estimated market value, new research shows. Home sales that close in May fetch a premium of...
    Stacks of lumber are offered for sale at a home center on April 05, 2021 in Chicago, Illinois.Scott Olson | Getty Images As the housing market gets leaner, potential buyers are turning in record numbers to new construction, but several factors are making those homes pricier than ever before. First is a major shift in the market's composition due to...
    A sale pending sign is posted in front of a home for sale in San Anselmo, California.Justin Sullivan | California Pending home sales, a measure of signed contracts on existing homes, rose 1.9% in March compared with April, according to the National Association of Realtors. Forecasters had expected a 5% gain. Pending sales were 23.3% higher than March 2020,...
    VIDEO1:5301:53'Decent odds' inflation could get out of control, Jim Paulsen warnsTrading Nation Jim Paulsen is on watch for runaway inflation. In a note to clients this week, the Leuthold Group chief investment strategist warned it's the biggest risk facing the bull market, and the stakes couldn't be higher for investors. "I would put decent odds that it could get out...
    VIDEO7:2707:27The Fed leaves rates unchanged – Here's what experts are watching nowTrading Nation The Federal Reserve left interest rates unchanged at its April meeting Wednesday. Here's what experts are watching now. David Kelly, chief global strategist at JPMorgan Asset Management, is monitoring potential asset bubbles. "I think it's a little stickier than they think because I think you'll see a...
    Two years ago, Missouri warehouses overflowed with wood products. But seven months ago, a dramatic change led to higher demand for wood and lumber, and significant price increases. Low inventories and shortages are driving up prices for consumers and creating challenges for manufacturers and suppliers. “I’ve never seen us go from nearly full inventory to nearly empty in such...
    The price of buying a home in Massachusetts continues to soar, even as the country contends with the COVID-19 crisis. The median sale price of a single-family home in March climbed to $485,000, according to a new report from the Massachusetts Association of Realtors (MAR), which has seen a rise in the number of houses being closed on. Year-to-year, the...
    A sold sign in front of a new home being built on April 16, 2021 in Miami, Florida.Joe Raedle | Getty Images A strange and exciting anomaly surfaced in March housing data. The median price of a newly built home was slightly lower than the median price of an existing home sold that month. That hasn't happened in more than 15...
    London (CNN Business)One of the hottest corners of financial markets is getting slightly less manic.What's happening: Billionaires, celebrities and athletes have raced to create special-purpose acquisition companies, or SPACs, over the past six months. These "blank check" firms, which raise money from investors and then go hunting for takeover targets, have been flagged as a sign of overexcitement on Wall...
    Real estate agents Rosa Arrigo, center, and Elisa Rosen, right, work an open house in West Hempstead, New York on April 18, 2021.Newsday LLC | Newsday | Getty Images In this red-hot real estate market, it's tough for buyers to land a deal. Supply is low, which is pushing prices higher. The median price of an existing home sold in...
    The median price of existing homes sold in the U.S. hit a record high in March even while sales volumes fell below expectations. Previously owned homes sold at a seasonally adjusted, annualized rate of 6.01 million, missing expectations for sales of 6.11 million, the National Association of Realtors said Thursday This was a 6.6 percent decline from February and the...