The Wall Street Times

The Wall Street Times

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Foreclosures Hit 7-Year High as Pandemic Relief Ends

U.S. Foreclosure Filings Climb to Post-Pandemic High as Federal Relief Programs Expire

U.S. foreclosure filings rose 26% year over year in the first quarter of 2026 to 118,727 properties, the highest quarterly total since early 2020, as the expiration of pandemic-era mortgage relief programs converges with rising insurance premiums, property taxes, and homeowner association fees to push a growing number of borrowers into default. The sustained climb — now spanning

U.S. Services PMI Slows to 54% in June 2026

U.S. Services Sector Growth Cools in June as Hiring Rebounds

The U.S. services sector expanded at a slower pace in June 2026, with the Institute for Supply Management’s Services PMI easing to 54 percent from 54.5 percent in May, while the sector’s Employment Index rebounded into growth for the first time in four months. The mixed reading arrives as investors weigh the path of Federal Reserve policy ahead

Semiconductor Stocks Pull Back After 80% First-Half Surge

Semiconductor Stocks Pull Back as Investors Take Profits After 80% First-Half Surge

Semiconductor stocks fell on July 1, 2026, as investors took profits following a first half in which chip names climbed more than 80%. The rotation pulled the Nasdaq Composite down 0.66% to 26,040.03, with Micron sliding more than 10% even as it held onto a year-to-date gain above 260%. Key Takeaways Semiconductor stocks declined on July 1, 2026,

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