‘Almost impossible’ to build homes in some areas: NAHB CEO National Association of Home Builders President and CEO Jerry Howard argues his industry is doing very well despite dealing with high material costs and labor shortages. U.S. housing remains red hot and that's good news for the nation's builders benefiting from record low-interest rates and those individuals leaving big cities […] Federal Reserve Vice Chair Richard Clarida said the U.S. economy faces a long and uncertain recovery from the Covid-19 pandemic, and requires continued support from monetary and fiscal policy. “It will take some time to return to the levels of economic activity and employment that prevailed at the business cycle peak in February, and additional support from monetary — and […] How will the 2020 presidential election affect the market? John Stoltzfus, chief investment strategist at Oppenheimer Asset Management, joins ‘Barron’s Roundtable.’ U.S. stocks jumped Monday morning on hopes that lawmakers reach some type of stimulus deal before the election. Continue Reading Below Over the weekend, Speaker of the House Nancy Pelosi set a 48-hour deadline to reach a deal on […] Consumer confidence is taking a hit in Canada after a second wave of Covid-19 prompts renewed restrictions on businesses and social gatherings. The Bloomberg Nanos Canadian Confidence Index, a composite measure of financial health and economic expectations, dropped more than half a point to 51.9 in the week ended Oct. 16. The third-straight decline brought the index to the lowest […] London's FTSE is seen opening 13 points lower at 5,912, Germany's DAX up 10 points at 12,925, France's CAC 40 up 6 points at 4,946 and Italy's FTSE MIB up 19 points at 19,332, according to IG. European stocks are expected to open mixed on Monday as concerns about the coronavirus spread and state of Brexit trade talks weigh on sentiment. […] Fox Business Flash top headlines for October 16 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. SYDNEY - Asian markets started higher on Monday, buoyed by hopes of a U.S fiscal package before the U.S. presidential elections next month and expectations of a coronavirus vaccine by the end of this year, though the mood was still […] In the corner of the U.S. rates market that’s most attuned to Federal Reserve policy, a bet has emerged that will deliver a handsome payoff if traders move up the timing for when they expect the next tightening cycle to begin. The trade is via options on eurodollar futures, and it’s been building in size over the past week. The […] Fox Business Flash top headlines for October 16 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Europe’s economy was just catching its breath from what had been the sharpest recession in modern history. A resurgence in coronavirus cases this month is a bitter blow that will likely turn what was meant to be a period […] In this article AirAsia X Bhd. is liquidating its Indonesian arm in a bid to survive the virus pandemic that has left the low-cost airline’s planes grounded since late March. The long-haul arm of AirAsia Group Bhd. has also written down its 49% stake in Thai AirAsia X, the airline’s deputy chairman Lim Kian Onn said in an interview with […] Going by early returns, this earnings season is shaping up as a historical one relative to forecasts. Its impact on the market has been less memorable. Among S&P 500 companies that have disclosed results, 86% beat analyst estimates, on pace for the best showing since Bloomberg began tracking the data in 1993. That’s doing little to excite the bulls: shares […]
Homebuilder confidence hits record helped by urban exodus
Clarida Says Economy Facing Lengthy Recovery Amid Uncertainty
Dow gains 100 points on stimulus hopes, ConocoPhillips $9.7B deal
Virus Resurgence Sends Canadian Confidence Lower for Third Week
European markets head for lackluster open as virus, Brexit weigh on sentiment
Asian markets kick off week higher on hopes of U.S. fiscal package prior to elections
A Hawkish Fed Bet Is Creating Buzz in Key Part of Rates Market
Dark déjà vu for European economy as virus cases spike
AirAsia X to Liquidate Indonesia Operations Amid Woes, Star Says
S&P 500 Is Running Low on Buyers in Middle of Earnings Season