September Housing Performance Weaker Than Expected

September Housing Performance Weaker Than Expected






September Housing Performance Weaker Than Expected Homebuilders pulled back on construction for a 2nd month running in September, with a dive in apartments offsetting gains in single-family homes. Building activity was weak in all parts of the nation except the Midwest. Construction dove 9% in September to a seasonally adjusted annual rate of 1.05-M units, […]






US Housing Starts Missed Expectations in May

US Housing Starts Missed Expectations in May






US Housing Starts Missed Expectations in May US housing starts missed in May as the construction of multi-family housing units dropped, but gains in building permits signaled a possible rebound that would support economic growth in Q-2. Groundbreaking fell 0.3% to a seasonally adjusted annual pace of 1.16-M units, the US Commerce Department said Friday. […]






The Week Ahead on Wall Street

The Week Ahead on Wall Street






The Week Ahead on Wall Street $KR, $ORCL Just 2 members of the S&P 500 are scheduled to report earnings to Wall Street this week: The Kroger Co. (NYSE:KR), and Oracle Corp. (NASDAQ:ORCL). Both announce their results Thursday. US Fed’s FOMC Meeting The US Fed’s Open Market Committee (FOMC) will hold a 2-day meeting, beginning […]






Raging Wildfires Force Evacuations in Western Canada

Raging Wildfires Force Evacuations in Western Canada






Raging Wildfires Force Evacuations in Western Canada Massive Fort McMurray wildfires torching 750+ hectares Wildfires causing evacuation notices for hundreds in Alberta and BC, Canada, as crews continue to battle several blazes and experts say the dry temperatures could make for a long and brutal fire season. A wildfire raging in Fort McMurray prompted mandatory […]