Weather pattern could mean for commodity prices. And the end of the dreaded annual performance review. Why it is now falling out of favor at so many more u. S. Companies. First, though, lets check in and welcome sarah eisen. Hi, sarah . Hi, tailer. Well begin the show with the housing market, Home Building rising to the highest level since 2007, a key measure of future construction plunged. Diana joinings us live from washington with all the numbers and back numbers. This is stocked full of contradictions. Single Housing Starts took a nice move up, nearly 13 for the month. Multifamily down 17 . Look at the big picture from whens we came. Single family construction is 25 below the 30year average. Multifamily is trying to make up for a decade of underbuilding. The Single Family construction surge in july much needed, yes. And it plays into the home depot numbers that were so stellar. Even when people buy new, they fix it up to their own liking. Some say the retailer needs to play to prof
Surpassing the build we got from the api last night. A drawdown in gasoline, 1. 9 million barrels. We were trading 50. 18, that was flat before the report. You can see were under 50 now. Its actually the first build that weve seen in six weeks. Seasonally, we expect to build at this time, but we havent seen it. Now its starting to hit the market. Now there was strong support in crude oil at 50, but this really pushed us through. And remember, were dealing with a dollar thats strengthening as well. So thats going to add some pressure. Yes, theres some optimism out there about opec, rush sharks putting a deal together by the end of november, but its numbers like these that are going to encourage the sellers to come back into this market. So a 4. 9 million build, first one in six weeks. Pretty significant, back to you. We are seeing that selling come in. Thank you very much, jackie deangelis. Our top story this morning john stumpf is out a the chairman and ceo of wells fargo Effective Imm
Delivered adjusted EBITDA of $0.504 million for Q1 2024; the Company has delivered 9 consecutive quarters of positive adjusted EBITDA.Delivered revenue and gross profit of $15.6 million and $6.1.
Delivered adjusted EBITDA of $0.504 million for Q1 2024; the Company has delivered 9 consecutive quarters of positive adjusted EBITDA.Delivered revenue and gross profit of $15.6 million and $6.1 million