highest

Stocks soar, S&P 500 hits highest level in three months after key report shows slowdown in inflation

Stocks soar, S&P 500 hits highest level in three months after key report shows slowdown in inflation

Disney stock pops on earnings beat, price hike Stocks close near highs of the session The major averages closed near their session highs, with the Dow up 535 points, or 1.6%. The S&P 500 gained 2.1% and the Nasdaq Composite rose 2.9%. The small-cap Russell 2000 soared nearly 3%. -Jesse Pound Volatility Index quiet into …

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This region is suffering from some of the highest inflation in America. Here's how locals are surviving

This region is suffering from some of the highest inflation in America. Here’s how locals are surviving

Duran has been receiving unemployment benefits and working part-time as a caregiver for a resident at a senior center. To make ends meet, she’s also been selling her own gold jewelry and crushing aluminum cans to recycle for extra cash. She’s one of many people doing what they can to get by in Riverside, California, …

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Prices of New Houses Plunge, Sales Crater to Lockdown Level, Inventories Pile Up to Highest since 2008

Prices of New Houses Plunge, Sales Crater to Lockdown Level, Inventories Pile Up to Highest since 2008

No folks, there is no “housing shortage.” There’s over 9 months’ supply, highest since the Housing Bust. But prices are still way too high. By Wolf Richter for WOLF STREET. The median price of new single-family houses that were sold in June plunged by 9.5% from May, to $402,400, the lowest since June last year, according to the …

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Raleigh homebuyers backing out of deals at highest rate in 16 months | WRAL TechWire

Raleigh homebuyers backing out of deals at highest rate in 16 months | WRAL TechWire

RALEIGH – Homebuyers in Raleigh’s metropolitan statistical area are increasingly backing out of real estate contracts to purchase homes, new data from national real estate brokerage firm Redfin shows. Of the 102 metropolitan regions studied, the region sees the tenth-fewest percentage of contracts fall through with 7% of deals falling out of contract in June …

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Mortgage rates increase to highest rate since November 2008

Mortgage rates increase to highest rate since November 2008

Mortgage rates surged once again last week, edging closer to the 6% mark and hitting the highest rate since 2008, according to Freddie Mac data.  (iStock) Mortgage rates increased once again last week, edging closer to the 6% mark and hitting their highest point since November 2008, according to new data from Freddie Mac. The …

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Former Obama economist warns stagflation threat level is 'highest in a long time'

Former Obama economist warns stagflation threat level is ‘highest in a long time’

Thomas Hoenig, the former Kansas City Federal Reserve president, weighs in, arguing that a ‘recession is a fair call.’ The danger of the U.S. economy returning to a 1970s-style stagflation scenario is the highest it’s been in decades, according to former President Barack Obama’s top economic adviser. Jason Furman, a Harvard University professor who previously …

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'This hurricane season could be particularly severe for the U.S. Gulf Coast': These cities have homes with the highest risk of storm damage

‘This hurricane season could be particularly severe for the U.S. Gulf Coast’: These cities have homes with the highest risk of storm damage

As the country enters hurricane season from June 1 to the end of November, homes in New York and Miami are at the highest risk for property damage, according to a report released Wednesday from housing-research firm CoreLogic. Overall, more than 33 million homes in America are at risk of suffering damage from hurricanes, according …

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Qatar Airways Reports Record Profit Of $1.54 Billion, Highest In The Industry

Qatar Airways Reports Record Profit Of $1.54 Billion, Highest In The Industry

The past couple of years have been the toughest in the history of the airline industry. As the world slowly starts to return to (a new) normal, we’re seeing many airlines once again return to profitability. However, Qatar Airways’ results are on a completely different level. Qatar Airways reports $1.54 billion profit Qatar Airways has …

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