Home sales are the lowest they’ve been all year even though inventory is at a 7-year high
Home sales sank to the lowest level in 14 months, but the lack of demand pushed up the number of homes for sale up to nearly a 7-year high.
Home sales sank to the lowest level in 14 months, but the lack of demand pushed up the number of homes for sale up to nearly a 7-year high.
Allianz Global Investors has become the newest ETF issuer on SIX Swiss Exchange, with the firm having recently announced it is adding four new exchange-traded funds to the market. The move gives investors more ways to access actively managed ETFs through the Swiss exchange. The new products, called the Allianz Smart Active ETF range, cover…
Treasury yields are grinding higher again in the wake of this week’s meeting of the Federal Open Market Committee, which held interest rates flat for the fifth meeting in a row. In addition to that vote, comments from new Federal Reserve Chair Kevin Warsh around the meeting spooked investors, leaving them questioning whether the Fed could adequately tame inflation. Bonds…
The Zhipu or Z.ai logo is pictured on a smartphone on Aug. 14, 2026. Cfoto | Future Publishing | Getty Images BEIJING — Chinese artificial intelligence company Z.ai released a new model Wednesday that the company claims uses entirely homegrown semiconductors to operate. Called GLM-5.3-Flash, the low-cost version of Z.ai’s flagship model ranks 10th on…
Marvell Technology (MRVL -5.57%) disclosed an expanded custom chip agreement with Google on Aug. 19, complete with a warrant tied to as much as $120 billion of future purchases — and investors in Broadcom (AVGO +1.21%) treated the news as their problem. Broadcom, which designs the in-house TPU chips of Google parent Alphabet (GOOG +1.05%)(GOOGL…
On a month-over-month seasonally adjusted basis, the HPI Composite was essentially flat versus July, and the average selling price edged higher, a tentative signal that the pace of price decline may be moderating. TRREB President Daniel Steinfeld said market conditions could shift quickly. “If inventory tightens and home prices begin to rise, some buyers may face…
Investment weakness and what it means for brokers The most sobering finding in the Q2 2026 Main Street Quarterly concerns private investment. After contracting in Q1 2026, investment is forecast to fall a further 6.3% in Q2 and 4.7% in Q3. Gaudreault said uncertainty is forcing small business owners to scale back or defer spending…