‘Recession is underway’: Home builders expect single-family starts to fall further before recovering in the second half of this year
LAS VEGAS — Home builders are expecting a little more pain before business improves. While realtors believe that the housing market is on the mend, home builders are still cautious, with low demand and rising construction costs. Home builders are one of the key contributors to the housing supply. And… Source link
Don’t let the ‘bear market house of mirrors’ fool you, Morgan Stanley’s Mike Wilson warns of the stock market
Stock futures are treading water ahead of an important week for earnings, with the spotlight on updates from the tech space, which has been laying off thousands of workers.Among those not expecting good news in the earnings pipeline is Morgan Stanley’s chief U.S. equity strategist Mike Wilson, who in our call of the day says […]
Mortgage rates fall to lowest level since September 2022 and here’s how the Girl Scouts will keep women rolling in dough throughout their lives — beyond selling cookies
Hi, MarketWatchers. Don’t miss these top stories.Mortgage rates fall to lowest level since September 2022 — giving ‘much-needed boost’ to housing market The 30-year mortgage rate is averaging at 6.15%, Freddie Mac said in its latest weekly survey on Thursday. Read More ‘I have $30K in my savings account’: I’m 56, divorced, unemployed and mother […]
Nursing-home reform may finally become a reality: Three breakthroughs that are turning talk into action
Nursing-home reform, long advocated by long-term care analysts and the public, seems to finally be happening. The problems at these facilities — where people reside in close proximity for extended periods and the average age of residents is 86 — are many. More than 133,000 nursing-home residents and staff members have died from COVID-19 during […]