US home prices see largest jump since 2014 in pandemic-fueled rally

The US is witnessing the strongest housing market boom since 2014, with record-low mortgage rates and a limited supply of homes, amid the ongoing pandemic stoking a surge in home prices. Twenty US cities recorded an uptick in prices i ...

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Saturday, 27 February 2021
Bloodbath on Wall Street, Nasdaq drops nearly 500 points

NEW YORK, New York — U.S. stocks tumbled on Thursday as U.S. Treasury yields rose. sparking inflationary fears. Technology stocks took the brunt of the selling with the key Nasdaq Composite falling nearly 500 points. "Rates matt ...

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Saturday, 27 February 2021
Powell comments on interest rates ignites Asian stock markets

SYDNEY, NSW, Australia — Stocks in Asia rose across the board on Thursday, in line with the global trend, following comments by U.S. Federal Reserve Chairman Jerome Powell. "Powell said it will take three years for them to achieve ...

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Saturday, 27 February 2021
High riding Elon Musk loses $30 billion in overnight stock fall

Tesla founder Elon Musk is no longer the richest person on earth after his stock portfolio tumbled 6 percent on Monday, the largest single-day drop in six months, and slid another 10 percent Tuesday morning as the sell-off worsened, foll ...

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Saturday, 27 February 2021