Is the US economy really growing at 5.8%? Not so fast.
The GDP model now reflects recent strength in retail sales, along with auto sales, housing construction, and industrial production. Timothy A. Clary/Getty Images font size Based on the latest economic…
Read more
Elusive home purchase. These 7% mortgage rates why.
font size The lack of supply of homes for sale is a contributing factor to the low morale of buyers. Joe Riedel/Getty Images Anyone looking to venture into the housing…
Read more
Should you buy bonds now? How to protect yourself.
font size The 10-year Treasury yield hit a 15-year high this week. El Drago/Bloomberg The Fed’s most aggressive rate hike campaign in decades crushed the bond market in 2022, sending…
Read more
Target earnings exceed expectations. The arrow goes up.
font size Target lowered its full-year earnings guidance, citing recent sales trends. Justin Sullivan/Getty Images Goal It beat analyst expectations for second-quarter earnings, sending shares higher on Wednesday. Earnings were…
Read more