U.S. new home sales fall in October; September revised higher
Sales of new U.S. single-family homes unexpectedly fell in October following recent strong gains, but the overall housing market remains supported by lower mortgage rates.
Sales of new U.S. single-family homes unexpectedly fell in October following recent strong gains, but the overall housing market remains supported by lower mortgage rates.
The New York Stock Exchange (NYSE) said on Tuesday it had filed with the U.S. Securities and Exchange Commission to allow companies going public through a direct listing, instead of a traditional initial public offering, to raise capital.
The discount retailer said tariffs slapped on Chinese goods will hit earnings by 6 cents in the fourth quarter.
"If you get two or three BBB-credit downgrades to BB or B, that could lead to a rapid widening in credit spreads," Kaplan warned.
New York, New Jersey, Connecticut and Maryland contest the dismissal of their lawsuit over the $10,000 cap on state and local tax deductions.
The United States and China are close to agreement on the first phase of a trade deal, White House adviser Kellyanne Conway said on Tuesday, after top negotiators from the two countries spoke by telephone and agreed to keep working on remaining issues.
The United States on Tuesday set out a procedure to protect its telecommunications networks and their supply chains from national security threats, saying it would consider whether to bar transactions on a case-by-case basis.
The New York Stock Exchange (NYSE) said on Tuesday it had filed with the U.S. Securities and Exchange Commission to allow companies going public through a direct listing, instead of an initial public offering, to raise capital.
Oil prices edged higher after news that U.S. and Chinese officials discussed trade on Tuesday, while predictions for a draw on U.S. crude stockpiles lent some support as well.
S&P 500 companies' earnings are expected to decline in the fourth quarter from the year-earlier period, which could be a second straight quarterly profit fall for the group, according to IBES data from Refinitiv.
The 33% of buyers who roll negative equity into a new loan can typically count on stretching out their new loan over more time, with a higher interest rate and larger monthly payment.
Dollar Tree Inc forecast holiday-quarter profit below Wall Street estimates on Tuesday, as the discount retailer fell short in its efforts to counter the impact of the latest U.S. tariffs on Chinese imports, sending its shares down about 17%.
Wall Street's three main indexes hit all-time highs on Tuesday, as gains for Disney and Best Buy countered weak consumer confidence data and a slump in shares of discount store operator Dollar Tree.
U.S. consumer confidence fell for a fourth straight month in November amid worries about current business conditions and employment prospects, but remained at levels sufficient to support a steady pace of consumer spending.
Best Buy Co Inc signaled it expected a strong holiday shopping season by forecasting fourth-quarter profit above Wall Street estimates on Tuesday, sending shares of the biggest U.S. consumer electronics retailer up over 8%.