D.R. Horton Q3 Sales and Earnings Expected to Decline
By Will Feuer D.R. Horton, the Arlington, Tex.-based homebuilder, is anticipated to announce a decline in sales and earnings for the fiscal third quarter. The report is set to be…
China’s Central Bank Cuts Interest Rates as Economic Woes Continue
China's central bank took action on Tuesday in response to the country's weakening consumer spending and factory output, as the effects of the Covid-19 pandemic and ongoing lockdowns continue to…
Impact of Treasury Yields on Banks and Financial Institutions
Treasury yields and interest rates continue to be a major focus for investors, as shares of banks and other financial institutions slipped. The upcoming annual Jackson Hole meeting by the…
Bitcoin and Cryptocurrencies Rise Along with Stocks
Bitcoin and other cryptocurrencies are experiencing a rise in value on Thursday, as they follow the upward trend of stocks. This positive sentiment towards risk-sensitive assets is fueled by Nvidia's…
U.S. Bond Yields Hold Strong, but Show Signs of Easing
Overview The yield on the 2-year Treasury remains steady at 5.008%, while longer-duration yields have slightly retreated. Short-term U.S. bond yields are near 16-year highs, following perceived hawkish remarks from…
Former Fed Vice Chair: Another Interest-Rate Hike Likely
Former Federal Reserve Vice Chair Richard Clarida believes that another interest-rate hike this year would be a wise move by the U.S. central bank. In an interview with Bloomberg, Clarida…
Further Interest-Rate Increase in Australia Expected
According to the minutes of the Reserve Bank of Australia's July 4 policy meeting, there is a high possibility of a further interest-rate increase as early as August. The central…