Exchange Commission Chair and we take you to that hearing now. [captions Copyright National cable satellite corp. 2023] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] fraudsters use Cyber Attacks and ai attacks to scam cyberspace. It is unfair Playing Field entrenching the rich of her hardworking americans. The sec has its work ahead of it to protect those families whose savings are in the market. Things have been moving too fast recently. We have all heard the complaints. Too many roles too fast too hard to comply with. Americas markets are the greatest in the world because we have strong Investor Protection and regulators that have worked to make sure we have transparent fair and honest markets that americans deserve. We know with regulators and lobbyists and politicians that do their bidding, ignore changes, and are slow to respond. This put us in the middle of a financial crisis in the past b
Since before the financial crisis. The National Association of realtors says sales rose 3. 2 in june helped by steady job growth and an improving economy. That report helped send shares of Home Builders higher even as the Broader Market fell today. And while it may seem like the housing recovery is firing on all cylinders, diana tells us there is something not quite right. Reporter the number for the Spring Market are in and strong. Home sale rose more than 3 for may and are now up nearly 10 for the year. Thats the highest monthly pace in over three years but the sales came at a high price. The median existing home price hit 236,400. The highest ever. Thats due to tight supply barely up at all from a year ago. At some point, there will be a choking point with prices rising and we are facing a rising interest rate. That hurts availability. So we may see buyers being chopped off. Not because of the lack of desire to buy a home but the price increase is preventing many people being able t
Sales to their highest lel since before the financial crisis. The National Association of realtors says sales rose 3. 2 in june helped by steady job growth and an improving economy. That report helped send shares of Home Builders higher even as the Broader Market fell today. And while it may seem like the housing recovery is firing on all cylinders, diana tells us there is something not quite right. Reporter the number for the Spring Market are in and strong. Home sale rose more than 3 for may and are now up nearly 10 for the year. Thats the highest monthly pace in over three years but the sales came at a high price. The median existing home price hit 236,400. The highest ever. Thats due to tight supply barely up at all from a year ago. At some point, there will be a choking point with prices rising and we are facing a rising interest rate. That hurts availability. So we may see buyers being chopped off. Not because of the lack of desire to buy a home but the price increase is preventi
Sales to their highest lel since before the financial crisis. The National Association of realtors says sales rose 3. 2 in june helped by steady job growth and an improving economy. That report helped send shares of Home Builders higher even as the Broader Market fell today. And while it may seem like the housing recovery is firing on all cylinders, diana tells us there is something not quite right. Reporter the number for the Spring Market are in and strong. Home sale rose more than 3 for may and are now up nearly 10 for the year. Thats the highest monthly pace in over three years but the sales came at a high price. The median existing home price hit 236,400. The highest ever. Thats due to tight supply barely up at all from a year ago. At some point, there will be a choking point with prices rising and we are facing a rising interest rate. That hurts availability. So we may see buyers being chopped off. Not because of the lack of desire to buy a home but the price increase is preventi
That has been seeing some pretty wild swings. Analysts saying we are seeing a little bit of profit taking when it comes to japanese markets. Uncertainty over how long this rally can last. Having said that, malaysia is in the green after early declines. Kong stocks extending gains as trading gets underway, up by 6 10 of 1 . Singapore in the red. The disappointing numbers, domestic exports dropping close to 10 , far worse than what we expected. The oil and gas space is suffering the most today. One andtor is down by 7 10 of 1 . The asiapacific gauge down by 3 10 of 1 . We spoke about some of the biggest movers today. Softbank is moving up for a second day. Exuberance,of that the Share Buyback plan. We talked about woodside. Dominos pizza, better than expected results. That is one of the movers to the upside in sydney. The peoples bank of china weakening by the most since january 7, so we are seeing some weakness when it comes to growth on short and offshore. This is the offshore yen. Wea