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Despite Tumbling Rates, US Home Price Acceleration Slowed In January
Despite Tumbling Rates, US Home Price Acceleration Slowed In January
US home price acceleration slowed significantly in January (according to the always lagged and smoothed Case-Shiller indices).
After rising 0.50% MoM in December, the price of homes in America's to 20 cities rose just 0.16% MoM in January (the lowest MoM rise since August and well below the 0.35% MoM expected)...
Source: Bloomberg
This left the 20-city composite index up just 1.18% YoY - the lowest since July 2023.
"Price levels remain elevated, but the rate of appreciation has slowed materially," according to Nicholas...
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May 3, 2026 / Tyler Durden
Jane Street Paid Employees $9.4 Billion, Twice What It Paid Last Year, After Record 2025 Results
Jane Street Paid Employees $9.4 Billion, Twice What It Paid Last Year, After Record 2025 Results
Jane Street Group has evolved from a niche trading shop into one of Wall Street’s most profitable firms and employees are reaping the rewards. The firm paid roughly $9.4 billion in compensation last year, more than twice what it distributed a year earlier, according to Bloomberg.
On average, that translated to about $2.7 million per employee, far ahead of traditional banks like Goldman Sachs. The massive payouts followed a record year in which Jane Street...
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May 23, 2026 / Tyler Durden
Tulsi Gabbard Resigns As Director Of National Intelligence
Tulsi Gabbard Resigns As Director Of National Intelligence
Tulsi Gabbard is stepping down from her role as Director of National Intelligence (DNI) to support her husband, Abraham, as he battles an extremely rare form of bone cancer, according to Fox News.
Gabbard informed President Donald Trump of her decision during a meeting in the Oval Office on Friday. Her last day at the Office of the Director of National Intelligence (ODNI) will be June 30, 2026.
In her formal resignation letter, obtained exclusively by Fox, Gabbard expressed deep gratitude to Trump, writing:
"I am...
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Apr 8, 2026 / Tyler Durden
US, Iran Agree To Meet For Talks In Pakistan Friday As Both Declare 'Victory'; Saudi East-West Pipeline Hit By Drone
US, Iran Agree To Meet For Talks In Pakistan Friday As Both Declare 'Victory'; Saudi East-West Pipeline Hit By Drone
Summary:
The Hegseth/Caine presser as expected declared 'victory' in Iran while Gen. Caine emphasized the ceasefire is a "pause" but US forces remain "ready to resume combat." Hegseth says "military will be hanging around in Iran, won't go anywhere, and will make sure Iran complies. Pentagon is trying to put a bow on Operation Epic Fury.
US, Iran agree to meet for first direct talks in Islamabad Friday, Pakistan PM Sharif announces.
Iran meanwhile...
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