Builders cut prices as new home supply holds at 8.5 months
Auction clearance rates are softening. Buyer activity has pulled back. Vendors are nervous. Investors are reassessing. Every new data release seems to be interpreted as either the beginning of a major correction or proof that the market is finally bending under the weight of policy intervention, higher rates, and weakening sentiment. The latest Cotality figures,…
Apple’s CEO Tim Cook and John Ternus, Apple’s next CEO, attend the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 9, 2026. Brendan McDermid | Reuters Apple on Tuesday briefly hit a market capitalization of $5 trillion for the first time, a…
Space Exploration Technologies (SPCX +15.83%), which most people know as SpaceX, received a lot of attention from the press and investors when it sold shares to the public for the first time in June. The stock price certainly has been on a wild ride since the initial public offering (IPO). The company priced the IPO…
How the four strategies ranked The study benchmarked four approaches for a baseline profile: a single female retiree, age 65, with $1 million in savings. Strategy A was the classic Bengen 4% rule. Strategy B was full annuitization of all savings into a nominal immediate life annuity. Strategy C was a one-time 50% annuity purchase…
Specialist lender, Mint Property Finance, has launched its Mint First Time Developers Academy, to give aspiring developers confidence before starting their first project. The lender’s head of credit, Sam Herd, will lead the academy to give future developers knowledge of the development journey and the funding process before they apply for finance. Herd said…
Last week ended with a major event, the Fed’s annual Jackson Hole conference. The conference arrived amid a confluence of factors, from new Fed Chair Warsh’s new approach to Fed signaling to the war in Iran and, most importantly, the specter of inflation. With the Fed looking more closely at the Fed rate situation amid…