by John Hill | Aug 29, 2025 | Uncategorized
The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 6.548%, according to data available from mortgage data company Optimal Blue. That’s up approximately 2 basis points from the prior day’s report, and down approximately 8 basis...
by John Hill | Aug 28, 2025 | Uncategorized
A few weeks ago as the S&P 500 hit a new record, this reporter noted that the index virtually hit a landmark reading, a price to earnings ratio of 30. I actually cheated a bit, as I pointed out in the piece: The actual figure was around 29.85, close enough that I...
by John Hill | Aug 28, 2025 | Uncategorized
The U.S. housing market’s inventory is growing, putting pressure on prices and slowing new construction, according to fresh research from the Bank of America Institute. As of June, existing-home supply reached 4.7 months, the highest level since July 2016. New-home...
by John Hill | Aug 28, 2025 | Uncategorized
Cambricon, a China-based semiconductor firm, just posted their greatest profit to date and a roughly 44-fold revenue surge. The company’s rapid growth comes as Nvidia recorded no chip sales to China during its second quarter and signals a push by local players to...
by John Hill | Aug 28, 2025 | Uncategorized
Dollar General’s Q2 earnings make one thing evident – the discounter is no longer just competitive on price. It’s quietly building a delivery and digital ecosystem that could give it an edge in the one place big-box retailers still struggle: rural America. Dollar...
Recent Comments