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Latest news with #Main Street
CBC
01-08-2025
- Business
- CBC
New public housing units opening in Moncton as city's waitlist sits at 3,500
Sixteen public housing units will welcome tenants this fall on Main Street and Lewisville Road in Moncton.
Bloomberg
10-07-2025
- Business
- Bloomberg
Regional Banks' Torrid Rally Draws Bearish Bets as Earnings Loom
A breakout rally in the shares of US regional banks may be setting investors up for disappointment, according to some Wall Street strategists, who recommend betting on a pullback in the sector as earnings season gets underway. The SPDR S&P Regional Banking ETF (KRE), an exchange-traded fund that tracks the performance of Main Street lenders, is up more than 8% over the last month, nearly double the S&P 500 Index 's gains over the same period. Tailwinds for the sector include the prospects of an M&A boom, an easier regulatory environment and expectations of higher-for-longer interest rates.
