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Latest Financial News
Pending U.S. Home Sales Drop 7.3% in September as All Four Regions Decline
Contract signings were down 11.3% from a year earlier, with the West recording the sharpest monthly decline as mortgage rates climbed.
U.S. Housing Starts Fall 5.2% in September to 1.22 Million Annual Rate
Single-family construction fell 4.6%, while building permits barely changed and wide statistical margins complicated the monthly picture.
Five Tradr Leveraged ETFs Reach October 20 Trading Suspension Date on Cboe
Cboe lists liquidation for CPNX, NXPX, PONX, SMZ and TSEU; holders remaining in the funds are expected to receive cash after a planned October 26 liquidation.
SEC and French Regulator Sign Oversight Agreement for Cross-Border Investment Advisers
The SEC will resume processing new and pending U.S. registration applications from French asset managers supervised by the AMF, under a new cross-border oversight pact.
Philadelphia Fed Survey Shows Improving Service-Sector Activity but Persistent Cost Pressures
Business activity and new orders improved among surveyed regional service firms in October, but input-cost pressures intensified as fewer respondents reported raising their own prices.
NCUA Proposes Easing Three Credit Union Rules, Including Investment Reserve Requirements
The NCUA has proposed three deregulatory changes affecting credit unions, including removing a special reserve requirement for certain state-chartered institutions and easing member-notice rules.
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