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Fed may not cut rates following April’s CPI report. Here’s why.
All eyes are on April's Consumer Price Index (CPI) report, as it will reveal details about the current state of inflation among consumers. SEI (SEIC) CIO Jim Smigiel joins Market Domination to break down what investors should expect from Wednesday's CPI print and what it could signal for the Fed's next moves."We have three hot prints in a row,…
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Second-home mortgage market slumped in 2023: Redfin – HousingWire
In 2023, home purchases slowed across the board due to low levels of inventory, high mortgage rates and soaring home prices. Simultaneously, the appetite for second homes also diminished substantially.
Nationwide, 90,772 mortgages for second homes were originated in 2023, down 40% from a year earlier and down 65% from the height of the…
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Americans struggling to afford retirement
(NewsNation) —Many retirement-aged Americans either don’t have enough money saved or they’re using their accounts like an ATM and withdrawing funds earlier than planned.
NewsNation spoke with Shari Evans Buford, a woman who retired in Florida. She and her husband both worked until retirement and Evans Buford has a 401K as well as Social…
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Hong Kong Bitcoin and Ether ETFs See $39M Outflows on Monday: Farside Investors
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a!-->!-->!-->!-->!-->!-->!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Lancaster County real estate listings jump almost 30% in April – Central Penn Business
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Lancaster County real estate listings increased significantly in April, according to the Lancaster County Association of REALTORS.
Jeff Peters, Lancaster County Association of REALTORS president, said as expected with the spring market, new listings increased 28.9% over March and 15.5% over last April.
New pending…
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Solana NFT volumes rise: Impact on SOL’s market performance
Solana NFT volumes surged, surpassing Bitcoin and Ethereum.
DEX volumes on the network continued to fall.
The Solana ecosystem has been one of the most successful ecosystems in the crypto space over the past few months. One of the reasons for the same would be the high volume for Solana NFTs.
Solana NFTs on the rise…
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Why you should buy stocks ahead of this week’s inflation report
Spencer Platt/Getty ImagesInvestors should buy stocks ahead of this week's release of the April CPI report, according to Fundstrat's Tom Lee.He said the setup appears favorable for higher stock prices as disinflation makes progress.An in-line CPI report or better would increase the chances of three interest rate cuts this year, Lee…
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Is Austin’s hot housing market flipping in favor of buyers?
The frenzied homebuying days in Austin, Texas, that saw some buyers offer six figures over asking price are gone.The Texas capital, where the average home price soared by $170,000 during the COVID pandemic, is now seeing major price corrections: The median price per square foot is down 9.5% from its pandemic peak two years ago, according to…
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These are the people over age 62 who will not receive Social Security benefits in May
While a small number of residents may not be able to get their Social Security benefits this month, most of the currently active beneficiaries will keep receiving their payments from the Social Security Administration. However, some recipients over 62 years old may not receive monthly benefits due to some disabilities caused by illness or…
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Stablecoins are coming to Bitcoin’s Lightning Network
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Fenelon L.
A new era is opening for Bitcoin. At the recent FT Live’s Crypto and Digital Assets Summit in London, Elizabeth Stark, CEO of Lightning Labs, revealed that her company was on the verge of enabling the issuance of stablecoins and tokenized assets directly on the network of the leading cryptocurrency.…
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