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![]() Alena BotrosFortune |
“The data is almost secondary at this point,” JPMorgan’s Bill Eigen said in a television interview Friday, before the jobs report came out.
But there is a silver lining: The housing market is rebalancing.
“I have a Fed person who is not really doing a good job,” the president said at a rally.
“Nobody wins,” Gene Seroka said. “China is America’s factory.”
But if anything, it’s a correction, not a crash.
“The president putting this pressure on the Fed would not actually achieve his goal, if his goal is lower mortgage rates,” said Chen Zhao, Redfin...
“Things went from really good to not as good,” CBRE chairman and chief executive Bob Sulentic said in an earnings call Thursday.
Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies are falling short.
It’s also unclear how much interest rate cuts can ‘stem the bleeding’ from tariffs, Renaissance Macro’s Neil Dutta said.
“We’re now in a de-escalation mode when it comes to the tariffs,” UBS’s Evan Brown added.
“We’ll just take whatever comes out of the tariffs as it comes at us, once it settles down,” D.R. Horton CEO Paul Romanowski said on an earnings...
Expect Nvidia revenues to drop in future quarters, analysts wrote after the administration blocked the chipmaker from selling its key chip to China.
"We’re in a world of tremendous uncertainty,” the former Federal Reserve chair and U.S. Treasury secretary said.
Quanta Services chief executive took home roughly $16 million last year in cash and equity compensation.
He imagines it could cost around $4 million and take about three years to rebuild the two.
“I’m more worried about the greater dynamic of these conflicts,” the Bridgewater Associates founder said after President Donald Trump pressed...
The president pressed pause on some tariffs, but after a relief-fueled rally, stocks retreated less than 24 hours later and fears of inflation and a...
Critics call eXp Realty a multi-level marketing operation but the brokerage says otherwise.
“I don’t know why Trump didn’t learn the lesson of the Smoot-Hawley tariff,” he said.
Baby boomers are buying and selling more homes than millennials, the largest generation, according to a National Association of Realtors report.
“We’re not taking it anymore," the president said, announcing the U.S.' tariffs would amount to half of trading partners'.
“What people are feeling is not just vibes,” Scanlon said. “There’s real data to support a downturn.”
“If you believe the latest survey data…you would think the economy is on the cusp of a recession,” said Jeffrey Roach, LPL Financial chief economist.
Goldman Sachs, JPMorgan, and Moody’s see an elevated chance of a recession this year on the back of tariffs and trade wars.
A week of back-to-back housing data revealed a tiny boost in sales and modest improvement where home prices and mortgage rates are concerned. But...
However, Susan Collins said the inflation could be short-lived.
Ali Wolf went from feeling somewhat optimistic about the housing market to concerned in a matter of months. Blame the policy whirlwind.
No one will be economically better off if reciprocal tariffs are imposed and a trade war escalates, the libertarian think tank told Fortune.
No one will be economically better off if reciprocal tariffs are imposed and a trade war escalates, the libertarian think tank told Fortune.
“The equity market is going to be caught in more of a trading range in the near term as...policy fears bounce us around,” Citi’s Kate Moore said.
"The tepid pace of home sales can not be blamed on a recession," Wells Fargo economists wrote.
“Mortgage interest rates have remained higher-for-longer, which has left the overall housing market weaker-for-longer,” Lennar chairman and co-CEO...
Paul Weiss lost a client days after the executive order, then Trump said it made a deal with the president.
The Fed’s slowness to catch the inflation surge that began during the pandemic has earned it scads of criticism. Is this time different?
“Builders are exercising caution due to the economic uncertainty stemming from the Trump administration’s advancement of a trade war and mass...
The reductions will mostly be made in the group's factory automation unit while a small number of positions will be lost in its electric vehicle...
Musk is particularly skilled in collecting money from the government for his companies, Jeb Barnes, a University of Southern California professor,...
If that funding is lost, survivors and their children would either be back in a shelter or back with their abuser, said New Destiny Chief Executive...
“Headwinds have turned into tailwinds,” for the crypto world because of the new administration, digital asset platform Abra’s CEO said.
President Donald Trump and Treasury Secretary Scott Bessent have suggested an economic downturn on the back of tariffs would be a transition period....
Lobbyists and politicians with ties to Florida are winning in Trump 2.0.
Five Democratic senators said they’re concerned X is using Musk’s influential role to “extract revenue from advertisers,” the Wall Street...
Blame policy uncertainty on Trump 2.0, according to Apollo chief economist Torsten Slok.
The consensus? Tariffs are mostly bad news.
The two CEOs’ total compensation for fiscal 2024 was almost $55 million combined, Lennar’s recently filed proxy statement shows.
Bessent blamed “four years of disastrous policies,” for scorching inflation, claimed the current administration was working everyday to lower...
The new head of the Federal Trade Commission, Andrew Ferguson, appears set to carry forward his predecessor Lina Khan’s torch and crack down on...
Almost two-thirds of the $38 billion in funds were pledged to his businesses in the past five years, per the report.
Another analyst said, “Cook continues to prove that he is 10% politician and 90% CEO,” referring to the Apple chief executive.
The president is expected to sign an executive order that would fire the governing board of the U.S. Postal Service and leave the agency to the...