Author: Press Room

Mortgage rates are expected to come down next year, but the decline is unlikely to be enough to provide relief for many would-be buyers in the U.S.’s ongoing affordability crisis. Realtor.com’s 2025 housing forecast released Wednesday predicts the benchmark 30-year fixed rate mortgage will average around 6.3% in 2025, falling slightly to end the year at around 6.2%. However, the report flagged mortgage rates as a notable wildcard in 2025, saying that with policy and economic uncertainties ahead, mortgage rates could deviate from their forecast.”As home prices stay high, housing affordability is going to be make it or break it…

Domo, Inc. (NASDAQ:DOMO) Q3 2025 Results Conference Call December 5, 2024 5:00 PM ET Company Participants Peter Lowry – Vice President, Investor RelationsJosh James – Founder and Chief Executive OfficerTod Crane – Chief Financial OfficerRJ Tracy – Chief Revenue Officer Conference Call Participants Eric Martinuzzi – Lake StreetYi Fu Lee – Cantor Fitzgerald Operator Greetings. Welcome to Domo’s Q3 Fiscal Year 2025 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Intuitions] Please note that this conference is being recorded. I will now turn the conference over to…

Large companies rushed to assess whether top employees have sufficient protection after the slaying of a US insurance executive in New York stoked broad concerns about corporate security.Heads of security for groups on both sides of the Atlantic raced in the wake of Wednesday’s shooting to share intelligence and make inquiries with specialist companies on how to shield top executives, industry participants said.The sudden focus on corporate security comes after Brian Thompson, the boss of UnitedHealth Group’s insurance unit, was fatally shot at dawn while walking alone to a corporate gathering in midtown Manhattan.New York police on Thursday were engaged…

It Happens With Aging Parents At A Distance Like many adult children with aging parents, the brother and sister in this true scenario were increasingly worried about their 90-year-old Mom who lived alone. Mom had cognitive impairment, probably dementia, but it had never been formally diagnosed. The siblings are in their 60s with full time careers. Fortunately, they have a good working relationship with each other and they share responsibility. They both invested time in figuring out a solution. Mom lived across the country and had no other family to look after her anywhere nearby. Sis had a vacant apartment…

Mortgage rates moved lower for the second consecutive week, sending purchase applications higher in further signs of pent-up demand amid an ongoing affordability crisis in the housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage dropped to 6.69% — the lowest since October — from last week’s reading of 6.81%. The average rate on a 30-year loan was 7.03% a year ago. Many would-be buyers and sellers are holding out to see if rates fall further. Currently, about 80% of mortgage holders have a rate below 5%,…

This article was written byFollowColumbia Threadneedle Investments is a leading global asset management group that provides a broad range of actively managed investment strategies and solutions for individual, institutional and corporate clients around the world. Columbia Threadneedle Investments is the global asset management group of Ameriprise Financial, Inc. (NYSE: AMP). For more information please visit columbiathreadneedleus.com. Read the full article here

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bitcoin has surged above $100,000 for the first time, extending a dramatic rally as investors bet on greater political and regulatory support from US president-elect Donald Trump.The price of the world’s largest cryptocurrency has climbed more than 40 per cent since Trump’s November election victory. The Republican has previously vowed to make the US “the bitcoin superpower of the world”.On Wednesday the former president nominated crypto advocate Paul Atkins to run the Securities and Exchange Commission, the main market regulator.The nomination added…

When it comes to ambition, pacing and purpose, every generation has its own healthy operating beliefs. There’s an overlap but overall, the development of wisdom is cumulative and comes about from the processing of life experience, something that happily retired baby boomers who are happy in retirement have in abundance. Nevertheless, for baby boomers, the temptation is to share what we’ve learned with our offspring. But the wisest among us keep at least some of our discoveries about life in retirement largely to ourselves. In doing so, our adult children switch lanes prematurely and skip important steps needed for their…

The Descartes Systems Group Inc. (NASDAQ:DSGX) Q3 2025 Earnings Conference Call December 3, 2024 5:30 PM ET Company Participants Scott Pagan – President and Chief Operating OfficerEd Ryan – Chief Executive OfficerAllan Brett – Chief Financial Officer Conference Call Participants Faith Brunner – William BlairPaul Treiber – RBC Capital MarketsStephanie Price – CIBCLachlan Brown – Redburn AtlanticRaimo Lenschow – BarclaysJohn Shao – National BankScott Group – Wolfe ResearchKevin Krishnaratne – Scotia BankRobert Young – Canaccord GenuitySteven Li – Raymond James Operator Good afternoon, ladies and gentlemen, and welcome to The Descartes Systems Group Quarterly Results Conference Call. At this time,…

Chinese exports and investment are pouring into Saudi Arabia as the kingdom’s demand for green tech deepens a relationship once defined by oil sales and challenges business ties with its traditional western partners.Bilateral trade has for many years been almost totally dominated by Chinese purchases of Saudi oil. But now, Chinese exports to Saudi Arabia are tracking towards a record high, at $40.2bn in the first 10 months of the year, up from $34.9bn for the same period last year, according to Chinese government data.China has also become the kingdom’s largest source of greenfield foreign direct investment, with investments from…