Florida Home Prices Post Biggest Decline in at Least 13 Years

May 2, 2025 | Markets

Florida’s housing boom has now shifted into reverse, with prices sliding by the most in at least 13 years. The median price for all types of homes fell 1.7% in March from a year earlier, according to Redfin Corp. data going back to 2012. The post-pandemic influx of...

Bear Market Is Coming With S&P 500 Rally Stalling Soon, DeMark Says

May 2, 2025 | Markets

US stocks are in for another drop that will eventually lead to a bear market in the coming months, according to veteran technical strategist Tom DeMark, who accurately called this year’s top in February and subsequent April low. DeMark — a closely-followed analyst...

Bessent Says Two-Year Treasuries Signaling Fed Should Cut

May 1, 2025 | Markets

Treasury Secretary Scott Bessent said that the US Treasury market is telegraphing that the Federal Reserve ought to lower interest rates. “We are seeing that two-year rates are now below fed funds rates. So that’s a market signal that they think the Fed should be...

McDonald’s Sales Miss Highlights Rising Consumer Anxiety

May 1, 2025 | Markets

McDonald’s Corp. US sales fell sharply in the first quarter, reflecting a deterioration in consumer sentiment that’s making it harder for restaurants to lure in diners. Same-store sales slumped 3.6% in the US, according to a statement Thursday, mainly because of a...

Apollo Raises $5.4 Billion Fund for Secondhand PE Deals

May 1, 2025 | Markets, Private Markets

Apollo Global Management Inc. raised about $5.4 billion for a vehicle that enables investors to cash out of private funds early, spurred by a sluggish dealmaking climate. The fundraising for Apollo’s S3 Equity and Hybrid Solutions fund surpassed its target, according...