Boomers’ 2023 beat was a blip, as millennials have outpaced their elders for the past seven years
Millennials reclaim title of biggest home buying generation, but boomers still have upper hand
Powell sees need for more evidence that inflation is easing before cutting rates
Federal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of inflation.
The AI rally is ignoring some big risks
Stocks are heading higher once again on Thursday, as Nvidia’s results powered a fresh wave of tech optimism, and with the S&P 500 up more than 4% in 2024, rally skeptics are hard to find. Still J.P. Morgan warns that investors shouldn’t assume the bulls will always be in charge.
Bank of America CEO Brian Moynihan explains why you’d better ‘get used to mortgage rates of six, seven percent’
“Pricing went up, and wages went up,” the Bank of America CEO told CNBC at a Miami investor conference. “They just went up in two different cycles.”
Home prices hit a new all-time high in December, says Case-Shiller
Housing market saw above-average price gains despite rising cost of mortgage financing, Case-Shiller says
Decade-long S&P 500 bull surge is running into a valuation wall
A monster 10 years for US stocks has showered money on the buy-and-hold faithful and made virtually every other asset class an also-ran.
