Buffett says too few from Wall Street are giving their fortunes away, hopes more follow Cooperman's lead

Warren Buffett says "a disproportionately low number of people" from Wall Street have committed to the Giving Pledge....(read more)

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Homebuilders Fall to 10-Month Low on Sales Data, Earnings Miss

Bloomberg Homebuilders Fall to 10-Month Low on Sales Data, Earnings Miss Bloomberg U.S. homebuilders are sinking today. Blame that on disappointing economic data and earnings reports that trailed estimates. The S&P Homebuilding Select Industry Index fell 2.8 percent as of 11:07 a.m. in New York, poised for its biggest drop since ......(read more)

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Second quarter's hot economic growth may have been helped by increased activity to get ahead of tariffs

The U.S. economy is expected to have grown at its best pace in four years in the second quarter, and a part of the boost may have been from inventory building and exports ahead of the implementation of tariffs....(read more)

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This map shows where home price inequality is the highest

"Families earning lower incomes may still have the opportunity to access home ownership" in these places, reports Lending Tree....(read more)

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Reuters watchlist: predicting the next U.S. downturn

Economists and investors are watching for signs they hope can predict when the wheels will come off a near-record U.S. economic expansion and equities bull market....(read more)

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Measuring inflation: What's changed over the past 20 years? What hasn't?

Despite improvements made over the past two decades, the Consumer Price Index (CPI) still overstates the annual rate of inflation by about 0.85 percentage points, according to Brent Moulton, a 32-year veteran of the agencies that compile the nation's economic statistics who retired in 2016 as Associate Director of the Bureau of Economic Analysis (BEA).…                ...(read more)

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Rising rates likely to shake stocks to core, veteran investor Peter Boockvar warns

The Bleakley Advisory Group's Peter Boockvar sees "early tremors" in the global bond market....(read more)

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