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August PCE inflation rose 0.3% month-on-month and 3.4% year-on-year, below expectations. Core PCE rose 0.2% monthly and 3.3% annually, also cooler than predicted. Second-quarter GDP was revised up to a 2.2% annualized rate, while September private sector jobs added by ADP surged to 90,000, exceeding forecasts.
Stitch Fix (NASDAQ: SFIX ) released fourth-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. View the webcast at Summary Stitch Fix reported a full-y
Homebuilder stocks had one of their best days in months on Tuesday. By Wednesday morning, the mortgage data served a cold shower. The Mortgage Bankers Association (MBA) reported that the average 30-year fixed mortgage rate had risen to 7.12% in the week ending Sept. 18. The iShares U.S. Home Construction ETF (NYSE: ITB
Highlights: * Xi Jinping heads to Washington, meetings with Trump in focus * Flash PMI data in focus, as well as more Fedspeak * USD strength pervades, putting key levels in both GBPUSD and USDMXN into view US TSYS: Paring Gains, Flash PMIs Ahead, Trump Welcomes Xi Tonight: s-xi-tonight-1790161492747 Treasuries are mil
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
Perma-Pipe International reported second-quarter net sales of $59.6 million, up 24% year over year, and net income of $2.5 million versus $0.9 million a year earlier.
U.S. factory orders rose 0.9% month-over-month in July, compared with estimates for a 0.7% gain.
US MBA mortgage applications rose 0.8% on Aug 28 (prev -0.1%). MBA 30-year mortgage rate was 6.79% (prev 6.78%).
US stocks trade mostly higher, with the Dow Jones index gaining 0.1% and gold rising 1.1% to $4,488.30
US mortgage applications increase 3.6% after falling 2.9% previously
US mortgage applications increase 3.6% after falling 2.9% previously
US MBA mortgage applications increase 3.6%, previously -2.9%
US mortgage applications increase 3.6% after previous -2.9% decline
US MBA Mortgage Applications increase 3.6%, previously -2.9%
() -- US housing payments in June rose for the first time in eight months as home prices hit a record high and mortgage rates remained elevated, Redfin.com said Thursday. The median monthly mortgage payment increased 1.4% to $2,633 in the four weeks ended Sunday from a year earlier, according to the online real estate
US long-term mortgage rates rise to 9-month high, potentially impacting housing market. This increase may affect mortgage applications and home sales.