Kay Granger announces she will not seek reelection
House Appropriations Chairwoman Kay Granger of Texas announced Wednesday she will not seek reelection. “As I announce my decision to not seek re-election, I
Dirt cheap: Distressed office buildings likely to fetch only cost of land, Barclays says
The full toll of the Federal Reserve’s rate hikes on office buildings emptied by the pandemic isn’t yet being felt, according to Barclays. Analysts
Opinion: Amazon kicks more plastic packaging to the curb in favor of a new paper
Amazon.com recently announced it has exorcised plastic packaging from its automated fulfillment center in Euclid, Ohio, a milestone on the path to eliminating plastic
Demand for adjustable-rate mortgages jump 10% as U.S. mortgage rates stay stubbornly high
Interest in adjustable-rate mortgages jumps 10% The numbers: U.S. mortgage demand fell for the third week in a row, despite mortgage rates falling for
Goldman Sachs revises U.S. GDP growth and government shutdown predictions
Goldman Sachs economists have revised their projections for U.S. GDP growth and the likelihood of a government shutdown, following changes in House leadership and
Brace For Commercial Debt Fallout
Bears say the end is near. A full blown credit crisis is here, they claim, and investors are woefully unprepared. Not so fast. Credit
Why Options Traders Are Targeting Generac Stock
Generac Holdings (GNRC) is seeing a post-earnings options surge, after the company posted upbeat third-quarter results on strong demand for power backup equipment. Extreme
CVS results top expectations, lifted by strong health services revenue
CVS on Wednesday reported third-quarter adjusted earnings and revenue that topped Wall Street’s expectations, lifted in part by strong revenue from the company’s health
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in September. Text removed from the September statement
Taco Bell is gaining ground as people look to save on food
With interest rates high, student loan repayments back and elevated prices of consumer goods, many Americans are pulling back on spending. But not at
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