FRI News and Press, First Trust S&P REIT Index Fund From 09/04/23

2023-09-04 05:50:00 ET Summary Spending on construction projects for manufacturing plants in the US started breaking out of its long doldrums in January 2021. Total non-residential construction spending, which includes spending on manufacturing facilities, has surged as well, but ...

2023-09-03 09:00:00 ET Summary U.S. equity markets rallied for a second-straight week while benchmark interest rates retreated from multi-decade highs after employment data showed long-awaited cooling in the previously red-hot labor market. Rebounding from a three-week skid with b...

FICO has long focused on building a people-first culture that supports the well-being of employees Highlights: FICO recognized on Forbes' list of America’s Best Employers for Women 2023. This marks FICO’s second time being recognized on the list. FICO con...

FICO ® Xpress Optimization, part of FICO ® Platform, offers widest range of optimization solvers Analytics software leader FICO today announced the release of a true global mathematical optimization solver as part of FICO ® Xpress 9.2 Optimization. The global ...

2023-08-30 20:40:00 ET Summary The national average of a 30-year fixed rate mortgage is at the highest level in over 20 years. Rates for new mortgages are especially elevated relative to rates on already outstanding mortgages. Last week’s update on the national average ...

Average credit card spend rises to highest level in 15+ years as inflation remains high The latest FICO data on UK credit card trends reflects the impact of inflation on consumers’ budgets, as average spend hit its highest point in the 17 years since FICO records began, and avera...

2023-08-28 22:26:00 ET Summary Since many variables influence housing prices, assessing residential real estate as an asset class is a complicated endeavor. Residential real estate prices are influenced by either fundamental supply and demand imbalances or simple speculation. ...

2023-08-28 12:33:21 ET Summary The REIT sector followed a strong June with further gains in July, averaging a solid +4.37% total return in July. Small-cap REITs (+5.23%) continued to outperform in July. Large caps (+2.46%) underperformed their smaller REIT peers for the 3rd straig...

Two firms are offering solutions for lending using decision management and mathematical optimisation technology Global analytics software provider FICO today announced a partnership with LigaData to bring advanced decision management and optimization tools to telecommunications firm...

2023-08-25 00:20:00 ET Summary Declining commercial real estate valuations will not likely lead to a wave of defaults among muni issuers. We do not currently expect declining CRE valuations will lead to a wave of defaults among muni issuers, and we still believe in the sector ...