Oil prices slightly increased on Monday, recovering some of the losses experienced at the close of last week, as investors concentrated on a tight global supply outlook and risk appetite was boosted by a last-minute agreement that prevented a U.S. government shutdown. After dropping 90 cents on Friday, Brent December crude futures were up 49 … Read more
Only after a major collapse, according to about two-thirds of the 919 respondents surveyed by Bloomberg, do they expect the US office market to recover. An even larger majority predicts that the bottom will not be reached in US commercial real estate prices until the second half of 2024 or later. The $1.5 trillion in … Read more
Jamie McGeever, a financial markets columnist, gives a preview of the day’s trading in Asian markets. After the U.S. Congress reached a last-minute agreement to avert a partial federal government shutdown, there may be an initial surge of optimism or relief that could lift Asian markets on Monday. However, statistics from the Chinese purchasing managers … Read more
Following a deal to prevent a government shutdown in the US that was reached over the weekend, US market futures rose along with Asian shares. Investors are anticipating Federal Reserve Chairman Jerome Powell’s remarks for any indications of how much further rate increases are necessary. After US senators late on Saturday passed compromise legislation to … Read more
For potential purchasers, the US housing market is beginning to show some signs of improvement. According to Altos Research, inventory is increasing during a time of year when it typically drops. Redfin also noted that an increasing number of house sellers are reducing their asking prices. For US homebuyers, who have been mostly driven out … Read more
The latest MBA class at Chicago Booth has more women than ever, although the number of international students has somewhat decreased. Booth picture The most esteemed business schools in the United States have become (relatively) simpler to get into during the past three years, and notably over the past ten. This week saw some of … Read more
We’re going to examine the reputable Genuine Parts Company (NYSE:GPC) today. A significant price swing on the NYSE during the past few months, with the company’s shares rising to US$170 at one point and falling to US$142 at other times, attracted a lot of attention. Investors may have a greater opportunity to purchase a stock … Read more
Grocery delivery service Instacart’s public debut on the Nasdaq Stock Exchange on September 19 and SoftBank-backed chipmaker Arm Holdings’ public listing in the United States earlier this month signalled the beginning of a U.S. initial public offering revival. The first venture capital-supported firm to go public since December 2021 was Instacart, which is backed by … Read more
Furloughs and stopped paychecks for hundreds of thousands of government workers and contractors will be the most noticeable effect right away. If a shutdown lasts only a few weeks, analysts do not anticipate significant rippling effects across the American economy, but the longer the federal government is shut down, the greater the likelihood of wider … Read more
