A rising tide lifts all boats — even the good ship M&S. British retailer Marks & Spencer Group Plc has been a perennial disappointment to investors. But the household name said its underlying pre-tax profit would be above the upper end of its previous range of 300 million to 350 million pounds ($478 million) this year. The shares rose as ...

Scarce supply and bidding wars have kept many entry level homebuyers out of the market for years. The government is trying to address this by ensuring a higher percentage of federal-backed mortgages go to low-income households, or for houses in communities with a large share of minorities. Expanding mortgage availability is a worthwhile goal, but in a housing market now ...

So far this year, the pandemic recovery limelight has been hogged by the US, and to some degree even the UK. But move over you two English-speaking economies! It might be time for the European tortoise to catch up with the hares. Purchasing managers surveys are probably the best real-time snapshots into to how an economy is faring. While reading ...