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November 17, 2019
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CNBC - Real Estate

More Americans say now is a bad time to buy a home

CNBC Real Estate
A Redfin Corp. ‘For Sale’ sign stands outside of a home in Seattle, Washington. David Ryder | Bloomberg | Getty Images After a strong summer in the housing market, something is turning potential buyers on their heels. Just 21% of Americans say now is a good time to buy a...
CNBC Business

US-China ‘phase one’ deal is not a win for the apparel industry, trade group says

CNBC
As the U.S. and China are closing in on reaching an interim trade deal, the head of the American Apparel & Footwear Association says the organization is “incredibly not happy” over the situation. Source link: Click here for more
CNBC - Real Estate

UAE’s central bank governor on interest rate cut and risks ahead

CNBC Real Estate
Dubai’s skyline Andrew Madali | 500px Prime | Getty Images ABU DHABI – A recent move by the United Arab Emirates (UAE) to cut interest rates will protect the currency and support the economy amid rising external risks, the country’s top central banker told CNBC on Sunday. “When we have...
CNBC Business

Citi predicts the greenback could weaken ‘substantially’ — to as low as 85 on the dollar index

CNBC
The U.S. dollar index could fall as low as 85 as the Fed expands its balance sheet, says Mohammed Apabhai, head of Asia Pacific trading strategies group at Citi. Source link: Click here for more
CNBC - Real Estate

Here’s what the Fed’s interest rate cut really means to you

CNBC Real Estate
The Federal Reserve‘s decision to cut interest rates by a quarter point for the third time this year is meant to bolster the economy. Everyday Americans may lose some ground. On the one hand, lower rates often mean cheaper loans, which can impact your mortgage, home equity loan, credit card,...
CNBC Business

5 things to know before the stock market opens Monday

CNBC
5 things to know before the stock market opens Monday Source link: Click here for more
CNBC Business

If Washington wants to stop giving free rides, its trade partners need to stimulate their economies

CNBC
The German trade surplus is stifling the economic growth in the rest of Europe, Michael Ivanovitch writes. Source link: Click here for more
CNBC Business

5 things to know before the stock market opens Friday

CNBC
U.S. stock futures point to a mixed Friday open, with Amazon’s sharp premarket decline on disappointing earnings putting a drag on sentiment. Source link: Click here for more
CNBC - Real Estate

September new home price drops to lowest in nearly 3 years

CNBC Real Estate
The median price of a newly built home dropped sharply in September to $299,4400. That was 8.8% lower compared with September 2018, according to the U.S. Census and was the lowest read since February 2016. The drop was primarily due to a shift in the mix of homes selling, not...
CNBC Business

5 things to know before the stock market opens Thursday

CNBC
U.S. stock futures point to a modestly higher Thursday open on Wall Street on the busiest day for third-quarter earnings. Source link: Click here for more
CNBC Business

China tariff deal was easy compared to the EU’s bazooka-proof trade walls

CNBC
The German trade surplus is stifling the economic growth in the rest of Europe, Michael Ivanovitch writes. Source link: Click here for more
CNBC - Real Estate

Lower mortgage rates are causing an epic housing shortage

CNBC Real Estate
Potential home buyers walk past an ‘Open House’ sign displayed in the front yard of a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Anyone out hunting for an affordable home today knows that the pickings are slim – and they are about to get...
CBS US News

Average retail credit card’s interest rate surges to 26% — despite Fed cuts

CBS News
Shopping for bargains at discount stores makes financial sense, so long as one isn’t running up a tab on a store-branded credit card with an exorbitant interest rate.  While the Federal Reserve recently cut interest rates again in a bid to boost U.S. economic activity by lowering borrowing costs, that...
CNBC Business

Powell says the Fed will start expanding its balance sheet ‘soon’ in response to funding issues

CNBC
On monetary policy more broadly, Powell stuck to his recent script, saying the Fed stands committed to supporting the recovery. Source link: Click here for more
CNBC - Real Estate

Bidding wars are taking a strange turn in the fall housing market

CNBC Real Estate
Real estate agent shows a home in Venice Calif. Anne Cusack | Los Angeles Times | Getty Images Cooler weather historically means a cooling off period in the housing market, but that is not the case this fall. After dropping to the lowest level in 8 years, bidding wars are...
CNBC - Real Estate

Confidence in housing weakens just as homes become more affordable

CNBC Real Estate
A prospective home buyer tours a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Lower mortgage rates are making buying a home slightly more affordable, but financial concerns are outweighing that benefit and lowering overall confidence in housing. Consumer sentiment in housing fell in September...

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