The housing shortage has pushed home values up nearly twice as fast as they’ve averaged over the past five years. It’s also caused a boom in home equity, with homeowners in over half the country seeing their equity increase by more than 100% since 2020, according to a Bankrate analysis.West Virginia saw the most dramatic uptick: A 450% increase in home equity over the last five years, from an average of $6,529 in 2020 to $35,831 in 2025.”The substantial gains reflect, in part, the fact that West Virginia has the lowest home prices nationwide,” Bankrate said in its report.Average home equity in Oklahoma…
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This week’s equity market wobble, which saw a retreat in U.S. AI-related stocks amid ongoing concerns over stretched valuations, has thrust contagion concerns into the spotlight for European investors.Goldman Sachs CEO David Solomon warned this week of a “likely” 10-20% drawdown in equity markets at some point within the next two years, while the International Monetary Fund and the Bank of England have both sounded the alarm bells.Bank of England Governor Andrew Bailey highlighted the possibilities of an AI bubble in an interview with CNBC on Thursday, noting that the “very positive productivity contribution” from technology companies could be offset…
British broadcaster ITV said on Friday it was in talks with pay-TV company Sky, owned by Comcast, over a potential sale of its media and entertainment (M&E) unit for 1.6 billion pounds ($2.15 billion) including debt.ITV’s M&E division, which includes its free-to-air channels and its ITVX streaming platform, is dependent on advertising, and the group has been hit hard by weakness in the ad market. The group, whose shares are trading around the levels they were 13 years ago, said on Thursday its ad revenue would be 9% lower in the last quarter of the year.The potential sale was first…
These specially configured A350-1000ULRs are expected to enable the world’s longest commercial flights. QantasAustralia’s Qantas on Friday revealed the first images of the specially configured Airbus aircraft set to enable the world’s longest commercial flights.The A350-1000ULR (Ultra Long Range) aircraft was depicted on the assembly line in Toulouse, France, with its fuselage sections, wings, tail section and landing gear now all attached.The aircraft, which is designed to connect travelers in Sydney to London and New York for the first time, will move to a new hangar this week where it will have engines and flight test instruments installed, Qantas said.The…
MUMBAI, INDIA – OCTOBER 18: On Dhanteras, auspicious day, many people purchased new vehicles at the Car Showroom in Thane, on October 18, 2025 in Mumbai, India.Hindustan Times | Hindustan Times | Getty ImagesIndia’s auto industry posted its strongest month on record in October, underscoring a sharp rebound in domestic consumption that could offset the impact of the slowdown in exports to the U.S.Total retail sales across all vehicle segments — from cars to tractors — were up 40.5% from a year earlier, data from the Federation of Automobile Dealers Associations showed.”Both passenger vehicles and two-wheelers achieved lifetime highs, signaling renewed consumer confidence…
Next year is shaping up to be a good one for reshoring stocks, according to Societe Generale. The firm sees three major catalysts ahead for stocks tied to reshoring, which is the return of companies’ overseas operations to the United States. For one, the reshoring trend should get a boost from the so-called One Big Beautiful Bill , which was signed into law in July, Societe Generale strategist Manish Kabra wrote in a note Monday. The most impactful measure in the law is the 100% bonus depreciation for qualified properties acquired and placed in service after January 2025, he said.…
LONDON — European markets are expected to open mixed on Friday as investors react to a U.S. tech sell off.The U.K.’s FTSE 100 is set to open slightly lower, while futures in France’s CAC index and Italy’s FTSE MIB were seen 0.1% higher, according to IG. Germany’s DAX index was seen little changed from the previous session.European stocks closed lower on Thursday, with most sectors and major bourses ending the session in negative territory after a busy earnings day. Drinks giant Diageo was one of the biggest movers. Its stock fell 6.5% after the London-listed firm cut its full-year guidance, citing weakness…
As the end of 2025 looms, one trend looks sure to follow investors into the new year: a widespread reluctance to go all-in on American assets. It started back in April, when U.S. President Donald Trump’s so-called “Liberation Day” drove markets into a frenzy that saw a sell off of American stocks, government bonds and the U.S. dollar. The trades became known as “Sell America” — and in some circles, “ABUSA,” an acronym for the term “Anywhere But the USA.” The intervening months brought the “TACO” (Trump Always Chickens Out) trade when a series of policies were announced then rolled…
Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty ImagesPresident Donald Trump on Thursday struck landmark deals with Eli Lilly and Novo Nordisk to slash the prices of their blockbuster weight loss drugs. Under the agreements, the monthly out-of-pocket cost of popular injections and upcoming pills could range from $50 to $350 starting next year, depending on the dosage and insurance coverage a patient has, Trump administration officials said. Existing GLP-1s, including Eli Lilly’s obesity injection Zepbound and Novo Nordisk’s competitor Wegovy, carry list prices above $1,000 a month, which has prevented…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email’Fast Money’ trader Karen Finerman talks hyperscaler debt and supply and demand concerns around the big players in the space.03:41Thu, Nov 6 20255:27 PM EST Source link
