Home Depot, a major player in the home improvement industry, is closely monitoring the Federal Reserve’s actions regarding interest rates. Chief Financial Officer, Richard McPhail, highlighted in an interview with CNBC that homeowners have been delaying moving into new houses or undertaking major projects that require financing due to the higher interest rates. This hesitancy
Dallas Fort Worth International Airport is set to enter the municipal bond market with a $750 million deal, supported by a recent rating upgrade and a positive outlook revision. S&P Global Ratings recently raised the airport’s rating to AA-minus from A-plus, highlighting factors such as strong enplanements, financial resiliency, and stable debt service coverage. This
Homeowners across the United States are currently sitting on $17 trillion in equity, as reported by CoreLogic. This means that the average homeowner gained $28,000 in equity compared to the previous year. According to Greg McBride, chief financial analyst at Bankrate, home equity is not like bread – it won’t go stale if it just
Recently, Starbucks made a significant leadership change by appointing Brian Niccol as their new chief executive and chairman. This move came as a way to transition the company out of the Howard Schultz era and revitalize their business after a period of declining sales and underperformance. Wall Street has shown confidence in Niccol’s ability to
The crypto markets have once again shown lackluster performance this week as uncertainty looms ahead of the U.S. inflation report release for July. Polkadot price has also taken a hit, dropping approximately 3% in the past 24 hours to $4.45. Despite this recent dip, the altcoin has managed to maintain a 6% increase over the
In a move to prioritize user protection, uphold market integrity, and boost the overall health of the blockchain ecosystem, Bybit, the world’s second-largest cryptocurrency exchange, recently unveiled a comprehensive listing and delisting framework. With Bybit’s spot market share surpassing 20% and solidifying its position as the second-largest exchange, the platform has emerged as the top
Bitcoin price saw a slight increase on Tuesday following a weekend rout that prompted some bargain buying. While capital flows data indicated an increase in traders investing in crypto products, the major inflows were seen in Ether, rather than Bitcoin. The sentiment towards crypto markets was also affected by a lack of discussion on crypto
The village of Dolton, located in the southern suburbs of Chicago, has been facing a serious fiscal crisis since 2021. The general fund of the village is in a negative balance of $3.65 million as of May, a clear indicator of financial mismanagement. The lack of audited financial reports since fiscal year 2021 and the
Citi Research has recently taken a more negative stance on risk, advising investors to sell any EUR/USD rallies. This shift in sentiment comes as the U.S. bank expresses concerns about increasing volatility leading up to the U.S. election and the possibility of a recession in the United States. The EUR/USD pair has seen some fluctuations,
The UBS report reiterating Nvidia as a buy showcases the confidence the firm has in the company’s share performance leading into the upcoming earnings announcement. The slight adjustments made to the model indicate a meticulous analysis of market trends and customer discussions, contributing to the overall positive outlook for Nvidia. The initiation of Ardent Health