
July home sales fell after higher mortgage rates scared off buyers
Existing home sales were down 1.7% over the previous month, and the median home price rose to $434,100, a near record high.
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Existing home sales were down 1.7% over the previous month, and the median home price rose to $434,100, a near record high.

Medexus Pharmaceuticals Inc. (MDP:CA) Q1 2027 Earnings Call Transcript

Former US Energy Secretary Dan Brouillette says Iran's ability to control traffic through the Strait of Hormuz gives Tehran powerful leverage, arguing that control of the waterway is "in fact, a nuclear weapon." Brouillette says ships are not moving through the Strait at normal levels despite President Donald Trump's assertion that it is open, and warns prolonged disruption could establish a higher floor for oil prices because of the added risk premium.

A surprising decline in U.S. jobs last month isn't enough to discourage the Federal Reserve from raising interest rates soon, but a tame inflation report for the second straight month could do the trick.

Anaergia Inc. (ANRG:CA) Q2 2026 Earnings Call Transcript

My colleague Spencer Jakab wrote last week about why investors seem to forgive fallen investing stars. A question that intrigues me is why investors fall for these shooting stars in the first place.

The share of loans transitioning into serious delinquency has been stabilizing even though the overall pile has been growing, New York Fed says.

The media mogul's live entertainment business Mari Group said it had agreed to buy Britain's ATG Entertainment from a private-equity firm.

U.S. equities posted double-digit quarterly gains despite volatility stemming from the Iran conflict. Key contributors include Rocket Lab, ARM Holdings, and Bloom Energy. Key Detractors include Advanced Micro Devices, Netflix, and Alnylam Pharmaceuticals.

Borrowers have delayed interest payments on billions of dollars of loans, raising concerns that defaults are higher than reported.

Currency markets are testing support areas in early Tuesday trading. At this point, the interest rates in America continue to play a big part.

U.S. existing-home sales remained near historically low levels in July as fluctuating mortgage rates continued to weigh on demand.

What matters in U.S. and global markets today. With U.S. Treasuries on tenterhooks ahead of tomorrow's big inflation report, the renewed tightening of energy markets is adding to the tension, with Brent crude trading at nearly $90 a barrel on Tuesday after rising 5% yesterday.

There are numerous indicators that the market may be in a bubble. I share an often overlooked chart that indicates a potential pullback could be swift and severe.

Canada's post-2008 playbook shows the volatility risks of Warsh's no-guidance Fed.