The tight supply environment in the housing market largely fueled DR Horton’s (DHI) strong year-and-a-half run. Last week, DHI’s earnings took a hit, missing the mark on Wall Street’s profit expectations (though it managed to beat on revenue), in addition to signaling softer quarters ahead. DHI’s stock dropped from its all-time high of $157.93 to a low of $138.83 before ...
In this edition of StockCharts TV‘s The Final Bar, Jay Woods, CMT of Freedom Capital Markets brings the energy of the NYSE floor to the show, relating today’s market rebound to longer term themes for small caps and regional banks. Dave shares one breadth indicator recognizing broad leadership, and another suggesting caution, as the S&P 500 index closes back above the 4900 ...
Former President Donald Trump leads President Biden with just over 50% support in Georgia, a state Biden won by less than 1 point in 2020. That’s according to a Fox News survey of Georgia registered voters released Thursday. Just over half of Peach State voters, 51%, say they would support Trump in a hypothetical head-to-head rematch, while 43% say they’d ...
State Department imposes financial sanctions on Israeli nationals for threatening peace in West Bank
The U.S. State Department announced Thursday that it was imposing financial sanctions against four Israelis, after they allegedly contributed to violence and instability in the West Bank. The announcement came hours after President Biden issued an executive order giving the U.S. the authority to impose financial sanctions against any foreign person who acts to threaten peace, security or stability in ...
A group of Republican senators are demanding that the Federal Bureau of Investigation ‘repair the damage’ to its credibility after a series of errors surrounding the origin of the anti-Catholic memo that targeted traditional Catholics as potential ‘terrorists.’ The memo, which has since been retracted by its creators in the FBI Richmond field office, was a focus in congressional oversight ...
Iran-backed Houthi militants in Yemen on Thursday launched three separate attacks in the Gulf of Aden and the Red Sea. Around 5 a.m., U.S. Central Command forces shot down a drone over the Gulf of Aden. There were no injuries. Later Thursday, CENTCOM forces destroyed a Houthi explosive uncrewed surface vehicle (USV) in the Red Sea. U.S. forces identified the ...
Defense Secretary Lloyd Austin said Thursday that he apologized directly to President Biden for not giving advance notice about his hospitalization for prostate cancer treatment. ‘I want to be crystal clear. We did not handle this right and I did not handle this right,’ Austin said at a Pentagon press briefing on Thursday. ‘I should have told the president about ...
The U.S. Capitol Police announced Thursday they have declined to press charges following the filming of a ‘sex video that was recorded inside the Hart Senate Office Building on the morning of Wednesday, December 13. ‘After consulting with federal and local prosecutors, as well as doing a comprehensive investigation and review of possible charges, it was determined that — despite a ...
A judge in London threw out a lawsuit Thursday filed by former President Trump which claimed the infamous dossier and its ‘shocking and scandalous claims’ harmed his reputation. ‘There are no compelling reasons to allow the claim to proceed to trial,’ Judge Karen Steyn said of the lawsuit Trump filed against Orbis Business Intelligence, a company co-founded by Christopher Steele, ...
‘I live in frustration … To be almost 70 years old, this isn’t what I expected.’ Those words from Justice Sonia Sotomayor appear to resonate with some liberals, but not in the way intended by the jurist. Some activists and journalists are beginning to nudge Sotomayor to leave the Court in order to be replaced by a younger jurist, much as was done to Justice Stephen Breyer in 2021 and ...
President Biden’s reelection campaign ended 2023 with nearly $117 million in its coffers, far ahead of his potential GOP rivals as they seek to woo big Republican donors. Former President Trump’s campaign committee closed out the year with $33 million, and Nikki Haley, Trump’s last major rival for the GOP nomination, ended 2023 with around $15 million. The campaign totals ...
Walmart already has a huge U.S. footprint. But the retail giant sees room to get even bigger. The company plans to build or convert more than 150 large-format stores over the next five years, it said Wednesday. Some of the locations will be expanded from a smaller location into a Supercenter with a full range of groceries and merchandise, but the ...