More homebuilders lower prices as sentiment falls for ninth straight month

September 19, 2022

More builders are lowering prices for homes as their confidence in the market continues to tumble.

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Volkswagen targets 75 billion euro valuation in landmark Porsche IPO

Volkswagen is targeting a valuation of up to 75 billion euros ($75.1 billion) for luxury sportscar maker Porsche, it said on Sunday, in what will be Germany’s second-largest initial public offering (IPO) in history.

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10-year Treasury yield jumps to 3.51%, the highest level since 2011

Treasury yields climbed on Monday as traders anticipated the Federal Reserve’s next moves in the face of persistently high inflation.

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