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November 27, 2021


More Fed officials open to speeding up bond-buying taper, rates liftoff

Nov 24 (Reuters) – A growing number of Federal Reserve policymakers indicated they would be open to speeding up the elimination of their bond-buying program if high inflation held and move more quickly to raise interest rates, minutes of the U.S. central bank’s last policy meeting showed. The readout released......

Two Fed officials depart amid scrutiny over investment trades

WASHINGTON, Sept 27 (Reuters) – Two Federal Reserve officials who came under scrutiny for investment trades they made last year announced their retirements on Monday, in a controversy that has already sparked a planned review of the Fed’s ethics rules. Dallas Fed President Robert Kaplan said he will retire on......

U.S. new home sales beat expectations; supply near 13-year high

New home sales increase 1.5% in August; July revised up Median sales price rises 20.1% from year ago WASHINGTON, Sept 24 (Reuters) – Sales of new U.S. single-family homes increased for a second straight month in August, but demand for housing has probably peaked after a COVID-19 pandemic-fueled buying frenzy.......

U.S. existing home sales fall in August; price appreciation slowing

Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. REUTERS/Mike Blake/File Photo Existing home sales fall 2.0% in August Housing inventory declines 13.4% from a year ago Median house price increases 14.9% from a year ago......

Labor, building material shortages depress U.S. single-family housing starts

A carpenter works on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, U.S., May 5, 2021. REUTERS/Octavio Jones Housing starts increase 3.9% in August; July revised up Single-family starts fall 2.8%; multi-family jump 21.6% Building permits jump 6.0%; single-family......

Australia’s red-hot housing to get hotter, affordability to worsen

The Sydney Opera House and city centre skyline are seen in Sydney, Australia, February 28, 2020. REUTERS/Loren Elliott cpurl://apps.cp./cms/?pageId=house-poll poll data Reuters poll graphics on the Australian housing market outlook: https://tmsnrt.rs/3k1UZpD BENGALURU, Aug 19 (Reuters) – Red-hot Australian house prices will heat up even more this year and next thanks......

Lloyds restores dividend as profits rebound on sunnier outlook

H1 pretax profit 3.9 billion pounds Bank buys wealth platform Embark Dividend restored as bad loan fears recede LONDON, July 29 (Reuters) – Lloyds Banking Group (LLOY.L) swung to a first-half profit on Thursday and announced an interim dividend, boosted by a house-buying frenzy and improved economic outlook in Britain.......

U.S. new home sales hit 14-month low amid supply constraints

A carpenter works on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, U.S., May 5, 2021. REUTERS/Octavio Jones New home sales drop 6.6% in June; May revised down Median house price rises 6.1% to $361,800 from year ago WASHINGTON,......

U.S. housing starts rise, building permits fall to eight-month low

Housing starts increase 6.3% in June; May revised down Single-family starts rise 6.3%; multi-family up 6.2% Building permits drop 5.1%; single-family down 6.3% WASHINGTON, July 20 (Reuters) – U.S. homebuilding increased more than expected in June, but permits for future home construction fell to an eight-month low, likely reflecting uncertainty......

U.S. Supreme Court tosses class action ruling against Goldman Sachs

June 21 (Reuters) – The U.S. Supreme Court on Monday gave Goldman Sachs Group Inc (GS.N) another chance to avoid an investor class action lawsuit accusing the bank of hiding conflicts of interest when creating risky subprime securities before the 2008 financial crisis. The justices threw out a decision by......

‘We like the job she’s doing’: Georgia GOP rallies around MTG

Politico.com – For more and to sign up click here Greene did not attend the convention. But when asked about her appeal, more than 20 party activists and officials mentioned her disregard for political correctness and approach to politics as a “Washington outsider.” Many said they appreciate her willingness to......

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