Jobs and Iran add to Trump’s midterm headaches. Why that’s good for bonds and bad for energy stocks.
The president needs lower gasoline prices and mortgage rates — fast.
The president needs lower gasoline prices and mortgage rates — fast.
By Nojoud Al Mallees (Bloomberg) – Employment in Canada fell by 41,700 in August, reversing some of the labour market momentum observed in recent months as manufacturing posted the only significant increase. The jobless rate held steady at 6.4% while employment losses were concentrated in Ontario and Quebec, Statistics Canada reported on Friday. The finance,…
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Shares of Elastic (ESTC +19.31%) surged on Friday after the enterprise search company issued an upbeat growth forecast. Image source: Getty Images. AI-fueled gains Elastic is integrating artificial intelligence (AI) into its core search technology to help its customers transform their data into actionable insights. The strategy is working. Elastic’s total revenue jumped 15% year…
It’s not at all uncommon for mortgage rates to experience microscopic movement in either direction on any given day. In fact, it’s probably the most common eventuality over time. In that sense, today was unremarkable with the average lender moving just a hair lower versus yesterday’s latest levels. But in another sense, it’s very good…
Better’s new boss is promoting the lender’s shift toward an enterprise strategy, a plan which could see it also expand into the wholesale space. Processing Content Interim CEO Daniel Lewis led his first earnings call Thursday afternoon, just days after founder and ex-CEO Vishal Garg agreed to transition to the board of directors. He inherits…
The Securities and Exchange Commission’s Division of Examinations today published its new handbook, “The SEC Exam Handbook: A Practical Guide on Process and Engagement,” which replaces and expands upon the previous examination brochure by providing registrants with more insight and detail about what to expect during an examination. The new handbook provides a clear roadmap of…