Construction Labor Crunch is Impeding US Housing Supply

New home sales rebounded modestly in June, recovering some of the previous month’s decline, though activity remained below year-ago levels as elevated mortgage rates and affordability challenges continued to weigh on demand. According to the latest Census Bureau and HUD data, sales of new single-family homes rose to a seasonally adjusted annual rate of 628,000,…

UAD 3.6, Reverse, AI, Co-Issue Products; Freddie Clocks in at $3.8 Billion; Morgan Stanley Did What in Mortgages? I was recently doing some bike riding in the Napa Valley and spent some time speaking with a wine maker. She told me that because of the increase in temperatures, growers are buying land to…

“Her husband is open to a trust, but he wants to be the administrator.”

Stocks Published: Tuesday, July 21, 2026, 0:00 [IST] Indian stock market is likely to witness a cautious session on Tuesday, July 21, as investors continue to track geopolitical developments in West Asia, elevated crude oil prices, currency movement and the ongoing Q1 FY27 earnings season. Analysts expect benchmark indices to remain range-bound, with stock-specific movements…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 14, 2026 Minutes of the Board’s discount rate meetings on June 8 and June 17, 2026 For release at 2:00 p.m. EDT The Federal Reserve Board on…

The dollar index (DXY00) fell by -0.32% on Tuesday.  The dollar retreated on Tuesday after US June consumer prices rose less than expected, a dovish factor for Fed policy.  Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later this month to 17% from 43% on…