In a recent interview on Bloomberg Television’s “Wall Street Week” with David Westin, Lawrence Summers, the former U.S. treasury secretary, shared his insights on the current economic climate. Summers focused on the surprising…
Shares in homebuilders fell sharply this week following fourth-quarter results from D.R. Horton Inc DHI which showed the company had to pile on the sales incentives to generate its top-line…
U.S. consumer confidence in January continues to exceed even the most optimistic expectations among analysts, reaching its highest levels in two and a half years, a testament to the robust…
American banks are generating profits out of thin air by exploiting an emergency funding program created by the Federal Reserve after the 2023 Silicon Valley Bank crisis. A recent Wall…
In a challenging financial environment, owners of large U.S. office buildings are reportedly facing the burden of billions of dollars in debt due this year, with the current high-interest rates…