Economic & Analysis News

NEW YORK--(BUSINESS WIRE)--On December 1, 2025, Lubbock, Texas-based South Plains Financial, Inc. (NASDAQ: SPFI) (“South Plains” or “the company”), parent of City Bank, announced its entrance into a definitive merger agreement with Houston, Texas-based BOH Holdings, Inc. (“BOH”), the parent company of Bank of Houston. The all-stock transaction, valued at approximately $106 million (P/TBV 1.4x), is expected to close between 1Q26 and 2Q26, subject to customary and shareholder approvals. Under the...

IRVINE, Calif.--(BUSINESS WIRE)--Cotality™, a leader in property information, analytics, and data-enabled solutions, released its Home Price Index™ for October 2025 data today. Home prices grew 1.1% in October, continuing an ongoing downward trend in price increases. While the deceleration stands in contrast to the strong trajectory recorded at the beginning of the year, this deceleration reflects a much-needed rebalancing after years of unsustainable gains. Despite only modest price increases,...

ATLANTA--(BUSINESS WIRE)--Today, Greenlight®, the award-winning family money and safety app, released its annual family trends report, Greenlight Glimmers, highlighting over $2 billion managed across 6.5 million+ U.S. families. In 2025, parents and kids adopted a “builder mindset,” earning, saving, and investing more, paving the way for a 2026 defined by independence, confidence, and financial growth. Despite a challenging year shaped by economic uncertainty, inflation, and shaky job prospects,...

NEW YORK--(BUSINESS WIRE)--Egan-Jones’ new market commentary notes that balancing social and business priorities can strain firms, emphasizing that success is more likely when organizations remain focused and make clear credit-based decisions. The commentary explains that political goals may conflict with private enterprise objectives. It states that politicians may seek to tax corporate profits, regulate actions, and raise wages, while businesses primarily aim to protect and enhance shareholde...

SEATTLE--(BUSINESS WIRE)--Starter-home sales jumped 4.9% year over year in October as buyers benefited from more choices and modest price growth. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. Mid-priced (+0.7%) and high-priced (+0.8%) home sales also rose from a year earlier, a notable change after a long stretch of year-over-year declines. Housing Data By Home Price Tier (October 2025) Redfin Home Tiers Home Price Percentile Median Sale Price Median...

SEATTLE--(BUSINESS WIRE)--Housing inventory is losing momentum, with growth in total supply slowing down, new listings stalling and delistings becoming more common. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. The supply of U.S. homes for sale rose 5.1% year over year during the four weeks ending November 30, the smallest increase in nearly two years. New listings rose just 0.9%, the smallest uptick in two months, with many homeowners opting to stay...

LONDON--(BUSINESS WIRE)--The latest credit card data analysis from global analytics software leader FICO, for September 2025, underlines the financial balancing act households have faced this year. Following the Autumn Budget, there are clear signs that cardholders with accumulated debt (three missed payments) are falling into deeper delinquency. This is particularly pronounced for customers who have had their credit card for five years plus. Highlights The most significant year-on-year decline...

LAS VEGAS--(BUSINESS WIRE)--Prices of larger diamonds were steady in November. The market for 1-carat diamonds weakened. Smaller goods showed the sharpest downturn as trends visible in recent months persisted. Prices in India fell more sharply than in the US, reflecting the challenges that tariffs have created. The industry awaited news on a solution to America’s 50% import duties on Indian goods.   RapNet Diamond Index (RAPI™)     Index November Year to Date Year on Year   Jan. 1 , 2025, to De...

NEW YORK & SYDNEY--(BUSINESS WIRE)--Zip Co (ASX: ZIP), the digital financial services company offering innovative, people-centred products, safely processed approximately 1.6m transactions at over 280,000 locations across the Group over the 2025 Black Friday and Cyber Monday (BFCM) weekend. United States Customers continue to primarily use Zip for non-discretionary purchases, providing them with the confidence to manage their holiday spend flexibly. What customers are spending on: The most popu...

SAN FRANCISCO--(BUSINESS WIRE)--Iterable’s 2025 Black Friday Insights Report shows record AI adoption and major multichannel growth, with SMS growth & early-season activity surging....