1 week ago
Tender rejections hit 14%, nearly double the six-month average. Transportation costs made up 37.2% of the entire CPI increase in May.
2 weeks ago
Two years ago the rate was 3.33%. A 471-basis-point rise made multifamily the worst-performing property type in CMBS.
Wall Street is now lending against computer chips like they’re jets. The bankers and Nvidia disagree on how long they last.
The Texas oil inside Brent
Americans borrowed a record $210.8 billion in Q2. The Dealertrack approval rate hit 74%, its fourth straight monthly increase.
3 weeks ago
Fast money now holds 45% of every short contract in the Russell 2000. The index sits about 7% off its record.
Japan's bonds now pay more than a hedged Treasury. The biggest foreign owner of US debt still hasn't moved. Yet.
Exports jumped 83.5% on memory prices. Meanwhile, the phones those chips go into are headed for a record drop.
America's best annuity rate comes from a B- insurer. Behind the promise: $1.2 trillion of private credit, and an island.
