US homebuilder sentiment tumbles to near 14-1/2-year low in October

US homebuilder sentiment tumbles to near 14-1/2-year low in October

US homebuilder sentiment tumbles to near 14-1/2-year low in October
Key insight: In a merger announced Monday, Seattle-based WaFd plans to combine with Jacksonville, Florida-based EverBank. Expert quote: “While investors may need time to get to know EverBank and its long-term strategy, we view it as a logical combination that should position EverBank and WaFd to generate more competitive returns together than either could achieve…
People have strong and differing opinions about the current U.S. administration. But this article isn’t a discussion about President Donald Trump’s economic views or politics. Rather, this piece will focus on how the current policy is affecting the macroeconomic climate and how investors can manage those effects. Ongoing issues such as the war in Iran,…
Horizon Kinetics buys $361 in Texas Pacific Land stock
The Securities and Exchange Board of India (SEBI) has proposed allowing Foreign Portfolio Investors (FPIs) to participate in non-cash settled, or physically settled, non-agricultural commodity derivative contracts traded on recognised domestic exchanges, subject to a set of safeguards. The move is aimed at deepening institutional participation and liquidity in India’s commodity derivatives market. “Based on…
Microsoft’s software offers capabilities that will be critical for AI, one analyst notes.
Ken Griffin’s latest bet? South Florida’s higher education. The billionaire hedge fund manager gifted $3 billion to Carnegie Mellon University, with $2 billion earmarked to develop a Miami campus for the Pittsburgh-based school. Griffin has a history of shelling out big to schools. Back in 2023, he gave Harvard University, his alma mater, the school’s…