Dani Romero

New York

Senior Reporter at Yahoo Finance

Senior Reporter @yahoofinance || @Baylor alum #SicEm 🐻 II SoCal native ☀️II previously: @KESQ

Articles

Kohl's stock rises after CEO ousted for inappropriate vendor relationships

2 weeks ago | finance.yahoo.com | Dani Romero

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Thu, May 1, 2025, 11:07 AM 2 min read In This Article: Kohl’s (KSS) board of directors has ousted CEO Ashley Buchanan for cause, citing violations of company policies related to undisclosed conflicts of interest in vendor relationships. According to Bloomberg, trading in Kohl’s shares was temporarily halted Thursday morning following the announcement.
As airlines warn about travel demand, Royal Caribbean surprises investors with upbeat outlook

2 weeks ago | ca.finance.yahoo.com | Dani Romero

While much of corporate America has pulled or cut guidance this earnings season, Royal Caribbean Cruises (RCL) surprised investors by raising its profit forecast. The cruise operator lifted its adjusted earnings per share forecast for the full year to a range of $14.55 to $15.55, beating analysts' estimates of $14.78 per share.
Resale housing market stalls as mortgage rates drive steepest monthly sales decline since 2022

3 weeks ago | ca.finance.yahoo.com | Dani Romero

The resale housing market stalled in March during a critical selling season as elevated mortgage rates sidelined buyers, deepening affordability challenges. Existing home sales declined 5.9% in March to a seasonally adjusted annual rate of 4.02 million, according to the National Association of Realtors. This marked the steepest monthly decrease since November 2022. Economists polled by Bloomberg had expected sales to reach 4.15 million.
Resale housing market stalls as mortgage rates drive steepest monthly sales decline since 2022

3 weeks ago | yahoo.com | Dani Romero

The resale housing market stalled in March during a critical selling season as elevated mortgage rates sidelined buyers, deepening affordability challenges. Existing home sales declined 5.9% in March to a seasonally adjusted annual rate of 4.02 million, according to the National Association of Realtors. This marked the steepest monthly decrease since November 2022. Economists polled by Bloomberg had expected sales to reach 4.15 million.
New home sales jump in March amid spring supply bump

3 weeks ago | ca.finance.yahoo.com | Dani Romero

Housing activity for new residential construction climbed in March, spurred by a greater supply of houses during a crucial spring period. Sales of new homes rose 7.4% in March to a seasonally adjusted rate of 724,000 units, up from February's rate of 676,000, according to the Census Bureau data released on Wednesday. The reading came in well above Bloomberg's consensus forecast of 685,000.
New home sales jump in March amid spring supply bump

3 weeks ago | finance.yahoo.com | Dani Romero

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Wed, Apr 23, 2025, 12:58 PM 3 min read In This Article: Housing activity for new residential construction climbed in March, spurred by a greater supply of houses during a crucial spring period. Sales of new homes rose 7.4% in March to a seasonally adjusted rate of 724,000 units, up from February's rate of 676,000, according to the Census Bureau data released on Wednesday.
Homebuilder warns rising tariffs will put pressure on prices

3 weeks ago | ca.finance.yahoo.com | Dani Romero

Buying a home in the US could get harder, PulteGroup (PHM) warned on its post-earnings conference call. The culprit? Tariffs, of course. "We're in the range of $5,000 on average, and it will impact every single price point and consumer group that we serve. There might be a few minor nuances, but it's pretty broad across the spectrum," the homebuilder's CEO, Ryan Marshall, told investors and analysts on the company's first quarter earnings call Tuesday morning.
America's largest homebuilder warns of slow spring selling season as affordability, confidence weigh on buyers

4 weeks ago | ca.finance.yahoo.com | Dani Romero

In This Article: America's largest homebuilder, D.R. Horton (DHI), warned on Thursday that its key spring selling season has gotten off to a sluggish start as elevated mortgage rates and growing economic uncertainty continue to erode consumer confidence. "This year's spring selling season started slower than expected," D.R. Horton CEO Paul Romanowski told analysts and investors on the company's second quarter earnings call.
Tariff tensions shake builder confidence during critical spring housing season

4 weeks ago | finance.yahoo.com | Dani Romero

The spring housing season is off to a shaky start as tariff concerns rattle builder sentiment. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index rose to 40 in April, a one-point increase from March and modestly above economists' expectations of 38, according to data polled by Bloomberg. Still, a reading below 50 indicates that more builders view conditions as poor than good.
Big banks push for simpler mortgage rules as housing market slows

4 weeks ago | ca.finance.yahoo.com | Dani Romero

Big banks are urging the Trump administration to simplify regulations relating to mortgage loan origination, servicing, and securitization in the hope that these reforms may lower costs and boost lending activity in the struggling US housing market. "In terms of mortgages, reducing unnecessary regulations would decrease homeownership costs," JPMorgan Chase (JPM) CEO Jamie Dimon wrote in his annual shareholder letter.