rates – Page 2 – One America News Network

FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar

Goldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlook

Goldman Sachs raised its year-end target for the benchmark S&P 500 citing an improved earnings outlook for the index companies.

The smoke from a fire in a forest area approaches houses at the Cacau Pirera District in Iranduba, Amazonas state, Brazil on September 25, 2023. The Government of Amazonas declared a State of Environmental Emergency on September 12 due to the high number of fires and a strong drought in the rivers, affecting navigation and food distribution to the interior of the state. (Photo by Michael DANTAS / AFP) (Photo by MICHAEL DANTAS/AFP via Getty Images)

Soaring Interest Rates Crushing Home Sale Agreements

New data from Redfin has revealed that more than 16% of home-purchase agreements were canceled in September 2023. This is the highest number since October 2022.

ARGENTINA-ELECTION-PRIMARY-CANDIDATE-MILEI Argentine congressman and presidential pre-candidate for La Libertad Avanza Alliance Javier Milei delivers a speech during the closing of his campaign for the August 13 primary elections, at the Movistar Arena in Buenos Aires on August 7, 2023. Argentina holds primary elections on August 13 and the first round of the presidential vote on October 22. (Photo by Luis ROBAYO / AFP) (Photo by LUIS ROBAYO/AFP via Getty Images)

Argentina Devalues Peso, Raising Rates After Primary Elections

In response to pressure on Argentina’s financial markets following a primary election, the Argentinian government decreased the value of its currency by nearly 18%.