Much of the Federal Reserve’s mortgage bond holdings are tied to the pandemic boom it helped create. Getting repaid is going slower than expected.
Market Extra: High mortgage rates: the one reason it’s so hard for the Fed to shed trillions of dollars in housing debt
Much of the Federal Reserve’s mortgage bond holdings are tied to the pandemic boom it helped create. Getting repaid is going slower than expected.
: Lilly’s ambitious diabetes drug Mounjaro fails to impress in the fourth quarter
The new Type 2 diabetes treatment may be in high demand, but sales came in far below Wall Street’s expectations.
: Lilly’s Type 2 diabetes drug Mounjaro didn’t sell enough to impress, analysts say
The new Type 2 diabetes treatment may be in high demand, but sales came in far below Wall Street’s expectations.
Earnings Results: Harley-Davidson’s stock on track for highest close in almost two years after earnings crush estimates
Iconic motorcycle maker’s stock is up 9% and headed toward its best close since May 17, 2021.
Crypto: Why NFTs saw $946 million in trading volume in January – the highest since June 2022
In a report from DappRadar, an online store for decentralized applications, 2023 began with a strong comeback for nonfungible tokens.
Commodities Corner: Why silver is outperforming gold
Silver has outpaced gold’s gains in the past three months, and its classification as both an industrial and precious metal may lead it to even higher prices.
The Ratings Game: Qorvo stock drops nearly 10% as analysts expect inventory correction to continue
Qorvo shares fell Thursday after analysts said inventory digestion will likely hamper the radiofrequency chip maker until the second half of the year
The Wall Street Journal: Pence house in Indiana to be searched by FBI for additional classified material
Justice Department is said to be in talks with the former vice president’s legal team about scheduling the search.
: A record number of U.S. renters spent more than 30% of their income on rent in 2021
Many tenants devoted more than half of their pay to rental housing, according to an analysis from the Harvard Joint Center for Housing Studies.