Here's why the housing market is hurting so much this summer
Two different reads on the housing market released Thursday point to the same problem, one that appears to be getting worse. Housing is just too expensive — to own and to build.
Finance & markets
Thursday's ETF Movers: IHI, PTF
And underperforming other ETFs today is the Invesco Dorsey Wright Technology Momentum ETF, off about 5.5% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of A…
Edwards Lifesciences Achieves #70 Analyst Rank, Surpassing Intuit
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Edwards Lifesciences Corp (Symbol: EW) has taken over the #70 spot from Intuit Inc (Symbol: INTU), according to
As prediction markets boom, questions arise over who will be the watchdog
The Commodity Futures Trading Commission has been the lead regulator on event contract exchanges for over 30 years after it issued a 1992 ruling on the Iowa Electronic Markets, widely recognized as the first prediction …
Wheat Futures Hanging On to Most of Wednesday’s Rally
Wheat futures are fading at midday, down 4 to 5 cents but holding on to most of the Wednesday rally. The wheat complex was in rally mode on Wednesday, with potential restrictions on Russian exports out of the Black Sea.…
Dallas Fed President Logan calls for 'modestly' higher interest rates
Dallas Federal Reserve President Lorie Logan, asserting that this week's good inflation news wasn't good enough, called Thursday for "modestly" higher interest rates to win a battle the central bank has been losing for …
When Call-Writing ETFs Underperform: RYLD Gives Up 8% to Uncapped Peers This Year
RYLD sells covered calls to fund its double-digit yield, but payouts have dropped nearly 50% from the 2021 volatility peak as premiums compressed.
Cattle Hit Hard by Bears on Thursday
Live cattle futures are trading sharply lower at midday on Thursday, with a number of contract months down $3 per cwt or more. They posted $1.30 to $2.82 losses on Wednesday. Open interest was down 3,922 contracts, sugg…
42% of adults rely on their parents for financial support—there are no 'bad guys' here, says financial therapist
A large portion of U.S. adults are making ends meet with help from their parents.
Trump suspends teleprompter operator over Kalshi bets allegations, White House says
President Donald Trump's longtime teleprompter operator is under investigation by federal regulators in connection with bets they allegedly made on the prediction market platform Kalshi related to statements made by Tru…
Key Republican says he won’t vote for Blanche unless he meets with Epstein survivors
Donald Trump’s nominee for attorney general, Todd Blanche, admitted “mistakes” in his handling of the release of millions of files stemming from investigations into Jeffrey Epstein, which revealed survivors’ names.
Oil prices dip but hold near highest in a month on Middle East tensions
July 16 (Reuters) - Oil prices edged lower on Thursday but held near the highest since mid-June as the Iran war escalated, with Tehran asking Yemen's Houthi movement to be prepared to close the Red Sea oil export route.
Hog Bulls Look for Follow-Up as Pork Firms, Mostly Higher at Midday
Lean hog futures are mostly higher at midday on Thursday, with nearby August down a nickel as this is writer. Other contracts are up 47 to 87 cents. Lean hog futures posted gains of $1.05 to $2.35 across most contracts …
Stocks Pressured by a Renewed Selloff in Chipmakers
The S&P 500 Index ($SPX) (SPY) today is down -0.46%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.04%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.28%. September E-mini S&P futures (ESU26) are down -0…
Nvidia unveils new AI model and expands Japan’s physical AI ecosystem
Nvidia unveiled a new AI model for robots and vision AI agents on Wednesday, deepening its push into the physical AI market in Japan.
Broader Market Settles Higher as Positive Inflation News Outweighs Chip Rout
The S&P 500 Index ($SPX) (SPY) on Wednesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.28%. September E-mini S&P futures (ESU…
The Lehman Bros. moment of the AI bubble is coming, says this critic warning of fallout for tech stocks and the entire market
What to know about positioning for the second half of 2026, and where we see opportunity by sector.
GE boosts profit outlook, but stock falls as booming order growth cools
Top 10 Dividend Stocks to Buy in 2026 Plus, how dividend stocks have performed so far this year. David Sekera, CFA and Susan Dziubinski
Trump is set to deliver an election-focused national address tonight. Here's what to know
President Donald Trump has signaled he plans to raise alleged issues with U.S. elections during a primetime address to the nation set for Thursday at 9 p.m. ET.
Who qualifies for the bigger IRS tax break on gas — and how to get the most of it
President Trump has called for a temporary waiver of the federal gas tax, which costs drivers 18.4 cents per gallon.
Sen. Warren says Trump's CFPB overhaul has cost Americans $26.5 billion
Sen. Elizabeth Warren, D-Mass., said Thursday that the Trump administration's overhaul of the Consumer Financial Protection Bureau has cost Americans up to $26.5 billion so far, the latest Democratic critique of sweepin…
Here's what to expect when Netflix reports earnings after the bell
Here's how Netflix is expected to perform for the period ended June 30, according to estimates from analysts polled by LSEG:
Oil is facing a supply crunch — and the war in Iran isn’t the only problem
Prices at the pump have surged and global fertilizer shortages are spreading because of the war in Iran, but the most immediate supply chain crisis hitting consumers may be one that arrives every 5,000 miles: the routin…
Why McDonald's stock is at nearly 2-year lows
Quick insight: McDonald's share price is now hovering around two-year lows, according to Yahoo Finance AlphaSpace data. At a forward P/E multiple of about 20.7 times, the Golden Arches' stock trades on the lowest multip…