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US equities fell on Wednesday as investors turned cautious on comments from Federal Reserve officials that US interest rates would have to rise to combat inflation. The blue-chip S&P 500 ended 1.1 percent lower as […]
WASHINGTON, Feb 9 – Tight monetary policy is “unequivocally” slowing the U.S. economy, allowing the Federal Reserve to move “more deliberately” with any further interest rate increases, Richmond Fed President Thomas Barkin said on Thursday. […]
U.S markets finally got the Fed’s message. Two officials on Wednesday essentially echoed Fed Chair Jerome Powell’s hawkish speech on Tuesday. The Fed’s Waller warned that the fight against inflation might be a drawn-out process, […]
Feb. 8, 2023 (Staff Writer)- The PropTech firm MRI Software has good news for landlords and property managers: They can easily make renters happy by adopting green practices and digital communications. Additionally, luxury amenities […]
Feb. 8, 2023 (Staff Writer)- Home Partners of America (“Home Partners” or the “Company”), a leader in making homeownership a reality for more people and a wholly owned portfolio company of Blackstone, today announced that […]
New York-based Rithm Capital executives have played it cautious with capital deployment amid a higher rate environment, and it’s a strategy that paid off in 2022. The company announced Wednesday that its approach resulted in an […]
Home Partners of America, a Chicago-based Blackstone portfolio company, has appointed Jennifer Deason as its chief executive officer, the company announced on Wednesday. Deason will step into the new role later this month. “Home Partners’ […]
During the week that mortgage rates very briefly touched down into the 5% range, mortgage applications increased 7.4%, according to the latest reading from the Mortgage Bankers Association. Still, mortgage demand is down 58% from a year prior. Mortgage […]
U.S. stocks closed Wednesday lower as another bout of earnings results hit traders’ desks and Wall Street weighed the outlook for interest rates after Federal Reserve Chair Jerome Powell signaled more hikes may be needed […]
There is a saying in the world of monetary policy: only hawks go to central-banker heaven. Among the men and women charged with managing their economies’ money, the fortitude to rein in an economy which is […]
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