Key insight: Federal Reserve Gov. Michael Barr sees increased risk-taking across the financial sector, a trend that he said could undermine financial stability if regulators are caught flat-footed.
Expert quote: “The worry I have is that we’re deregulating at a time [when] we’re in this risk-on environment. That is a recipe for bad things to happen.” —Fed Gov. Michael Barr
Home Depot (HD +0.35%) hasn’t been on the winning team. Its shares are down 29% in the past 12 months (as of Sept. 24), and they currently trade 32% off their peak from December 2024. Macro headwinds have seriously pressured the company’s growth, harming investor sentiment. However, the retail stock pays a healthy dividend that…
The commercial real estate collateralized loan obligation (CRE CLO) distress rate jumped from 19 percent in July to 28 percent in August, the sharpest one-month move of any deal type this year, according to CRED iQ data. The single-asset, single-borrower (SASB) commercial mortgage-backed securities distress rate has held near 22 percent since June. Both numbers…
AWS “finally saw the long-awaited growth inflection,” an analyst noted.
The rupee gained 14 paise to 96.28 against the US dollar in early trade on Friday buoyed by positive sentiments at the domestic equity markets. However, heavy FII outflows and higher global crude oil prices amid heightened tensions in West Asia prevented further gains in the local unit, forex traders said. At…
MP Materials (MP -0.67%) has ample long-term growth potential, but can it become a “millionaire maker?” Trading at a nearly $7 billion valuation, the company has grown very far, very fast, making it questionable whether a small investment can grow into a $1 million position. Yet while MP Materials stock may not make you a…
When “Million Dollar Listing Los Angeles” alum James Harris left the hit Bravo series he starred in for seven seasons, he moved into a new real estate chapter of his own, taking up residence in a stunning L.A. estate, where he’s learning to prioritize a better balance between work and family life. Harris, 42, purchased…