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US stocks rise with Dow heading for 10-day streak of gains as traders sift through earnings

Fri, 07/21/2023 - 09:52

trader nyse screens — : Traders work on the floor of the New York Stock Exchange (NYSE) on June 01, 2023 in New York City. Despite the passing the debt ceiling bill in the U.S. House of Representatives, the Dow was lower in morning trading.
Spencer Platt/Getty

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Commercial real estate is being battered by a 'hurricane' as higher interest rates bite, billionaire investor Barry Sternlicht says

Fri, 07/21/2023 - 09:15

Tech Insider : Economy

Barry Sternlicht — Barry Sternlicht is CEO of Starwood Capital Group.
John Lamparski/Getty Images

Markets, economy, MI Exclusive, Starwood Capital, commercial property, Commercial Real Estate, Federal Reserve

US house prices will jump nearly 6% this year and continue climbing, award-winning forecaster predicts

Fri, 07/21/2023 - 08:08

home for sale — Home prices are set to rise over the next few years, real estate forecaster Barry Habib says.
Joe Raedle/Getty Images

Markets, MI Exclusive, Stocks, Real Estate, House Prices, Housing Market, residential real estate

Commercial real estate is being battered by a 'hurricane' as higher interest rates bite, billionaire investor Barry Sternlicht says

Fri, 07/21/2023 - 05:16

Tech Insider : Economy

Barry Sternlicht — Barry Sternlicht is CEO of Starwood Capital Group.
John Lamparski/Getty Images

Markets, economy, MI Exclusive, Starwood Capital, commercial property, Commercial Real Estate, Federal Reserve

The Fed needs to cut interest rates, not raise them, if it wants to tame inflation back to 2%, CIO says

Thu, 07/20/2023 - 12:49

Tech Insider : Economy

Barry Ritholtz — Barry Ritholtz, CIO of Ritholtz Wealth Management, speaks at the Reuters Investment Outlook Summit in New York June 7, 2010.
REUTERS/Brendan McDermid

economy, Markets, MI Exclusive, Inflation, Federal Reserve, Interest Rates, Monetary Policy

Markets are cheering falling inflation. Experts say be careful what you wish for.

Thu, 07/20/2023 - 12:47

Tech Insider : Economy

Traders New York Stock Exchange — Spencer Platt/Getty Images

Markets, MI Exclusive, economy, CPI, Consumers, Producers, Inflation

A top economist says the stock-market mania reminds him of the dot-com and housing bubbles - and warns consumers are feeling the squeeze

Thu, 07/20/2023 - 06:32

David Rosenberg — Known for identifying the housing market bubble in 2005, David Rosenberg is the chief economist and strategist at Rosenberg Research & Associates
Rosenberg Research & Associates

Markets, MI Exclusive, Stocks, David Rosenberg, Rosenberg Research, Stock Market Outlook, Stock market bubble

Borrowers are getting rejected for loans at the highest rate in 5 years

Wed, 07/19/2023 - 13:19

A man wearing a hat looks at cars on a dealership lot. — Lending for everything from autos to credit cards has gotten tighter this year.
AP Photo/David Zalubowski

Markets, MI Exclusive, Lending, Borrowing, Credit Cards, Federal Reserve, Fed

The dollar's troubles are far from over - expect a slump toward 2020 lows, a Societe Generale analyst says

Wed, 07/19/2023 - 10:58

dollar bills — Reuters/Beawiharta

Markets, MI Exclusive, US dollar index, Dollars, Greenback, Currency, Forex

Get ready for a historic slowdown in home-price growth, Goldman says

Wed, 07/19/2023 - 07:39

An American home with a for sale sign. — Home prices last month posted their first annual decline in a decade.
Getty Images

Markets, MI Exclusive, Stocks, Goldman Sachs, Housing Market, House Prices, S&P CoreLogic Case-Shiller home price index

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