Self-employed turn to non-bank lenders to crack the housing market

More aspiring U.S. homebuyers are getting mortgages from "non-banks" that can accommodate borrowers....(read more)

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Growth in US Manufacturing Eases From a 13-Year High

Bloomberg Growth in US Manufacturing Eases From a 13-Year High Bloomberg Manufacturing remained solid in October even as expansion at U.S. factories cooled from a 13-year high a month earlier, figures from the Institute for Supply Management showed Wednesday. Highlights of ISM Manufacturing (October). Factory index eased to ... and more »...(read more)

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Market optimism hits Black Monday-level peak, a 'potential significant danger'

The spread between bulls and bears hasn't been this high since shortly before the Black Monday crash....(read more)

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U.S. construction spending rises in Sept, but August revised lower

WASHINGTON (Reuters) - U.S. construction spending unexpectedly rose in September as a surge in public construction outlays offset the third straight monthly decline in investment in private projects....(read more)

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ISM manufacturing index hits 58.7 in October; construction spending up 0.3% in September

Non-manufacturing economic activity eased in October after two months of momentum....(read more)

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U.S. private sector adds 235,000 jobs in October: ADP

NEW YORK (Reuters) - U.S. private employers hired 235,000 workers in October, the most since March and exceeding a median forecast of 200,000 among economists polled by Reuters, the ADP National Employment Report showed on Wednesday....(read more)

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Morgan Stanley to Traders: Knee-Jerk Fed Chair Move Won't Last

Bloomberg Morgan Stanley to Traders: Knee-Jerk Fed Chair Move Won't Last Bloomberg However the bond market reacts to President Donald Trump's nominee to lead the Federal Reserve, Morgan Stanley has some simple advice: do the opposite. Whether it's Fed Governor Jerome Powell, the favorite in betting markets, or someone else such as ......(read more)

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