Investing News

The Dow Jones Industrial Average (DJIA) is the most well-known stock market barometer in the world. Since its inception in May 1896, the index has changed its components dozens of times. The first change occurred a mere three months after the index was founded. One of the most recent changes took place in June 2018, when

Rates on 30-year home loans took a big step down Tuesday, but only after taking a much bigger step up on Monday, which had raised the 30-year mortgage average to its highest level in two and half months. Even with Tuesday’s retreat, the average still sits above the 6% mark. Today’s National Mortgage Rate Averages

Developing clean energy sources is critical for the future of the United States and the rest of the world. However, creating the technology needed to make clean energy is expensive. The Department of Energy’s (DOE) Loan Programs Office (LPO) is a program that helps facilitate the development of new technology by offering loans and loan

What Is Student Loan Deferment? A student loan deferment lets you stop making payments on your loan or reduce the amount you pay for up to three years, in most cases. During the deferment period, no interest accrues on federally subsidized loans because the government picks up the interest payments. But interest on unsubsidized loans

Rising energy prices—fueled at least in part by Russia’s invasion of Ukraine—have made life uncomfortable for many Americans. Though prices for crude oil, gasoline, diesel fuel, and heating oil are forecast to drop a bit in 2023, the costs of of natural gas and electricity are expected to rise slightly next year. And all these

With all the attention paid recently to fracking – and the oil and gas sectors generally – many want to know where the good investment opportunities are. Are fracking companies set on finding oil or natural gas a good bet? Do we need to invest in fracking infrastructure? Defining Fracking Fracking is short for hydraulic

The top nationwide rate for most certificate of deposit (CD) terms was flat this week, with two exceptions. The rate on the top-paying 1-year CD is about a tenth of a point above last week’s, while the 6-month term gained a new dramatic leader, which raised the ceiling to 4.00%. Also notable is that this

Editor’s note: Below you’ll find the week 103 release of the NYC Recovery Index, originally published August 23, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery progressed slightly for the week ending August 13, 2022, with the overall index score rising by one percentage point to 73

Tesla Inc. (TSLA) is an American electric car and power train designer, developer, manufacturer, and distributor headed by serial entrepreneur Elon Musk. The company was founded in 2003 and is headquartered in Palo Alto, California.  Key Takeaways Tesla has several competitors among traditional carmakers, such as Ford and Honda.  Tesla has managed to see success

Effectively, the gold-silver ratio represents the number of ounces of silver it takes to buy a single ounce of gold. For the hard-asset enthusiast, the gold-silver ratio is common parlance. For the average investor, it represents an arcane metric that is anything but well known. The fact is that a substantial profit potential exists in

Doubling your money is a badge of honor, often used as bragging rights at parties and around the Thanksgiving dinner table. Spurious promises to double one’s money can also be made by overzealous advisors or worse, scamsters and fraudsters. Perhaps the urge to double one’s money comes from deep in our investor psychology—the risk-taking part

When the value of a margin account falls below the broker’s required amount, the investor must deposit further cash or securities to satisfy the loan terms. A failure to promptly meet these demands, known as a margin call, can result in the broker selling off the investor’s positions without warning as well as charging any applicable

Once you are finally ready to make payments on your student loans, it might seem like a pretty straightforward thing to do—just start paying, right? But depending on when you pay and even when you don’t pay, you can get burned and end up owing your lender way more money than you assumed you would. 

Warren Edward Buffett, legendary value investor, turned an ailing textile mill into a financial engine that powered what would become the world’s most successful holding company. Known as the “Oracle of Omaha” for his investment prowess, Buffett has amassed a personal fortune in excess of $100 billion, according to Forbes. He inspires legions of loyal

The Inflation Reduction Act has historic climate provisions, including tax credits, rebates, and subsidies for clean power and electric vehicles. The bill also includes $5 billion in grants to protect forests and more than $20 billion to support climate-smart agriculture practices. These practices are meant to reduce greenhouse gas emissions, increase the storage of carbon in

The Inflation Reduction Act (IRA) of 2022 is legislation that significantly impacts Americans in different ways. While the legislation aims to reduce the impact of inflation and address energy issues, it also includes provisions to lower prescription drug costs, especially for those on Medicare. Among its key provisions affecting drug costs, the Inflation Reduction Act

Honda Motor Company announced it is partnering with South Korea-based LG Energy Solution to construct a new battery plant in the U.S., establishing a joint venture (JV) with the battery manufacturer. The new plant would enable Honda to produce lithium-ion batteries to power electric models of its Honda and Acura vehicle brands. Together, LG Energy and Honda will invest

So, you’ve decided to sell investments. Whether you want to be a registered representative (RR) or an investment advisor, the first step in either process is obtaining the proper securities license. The license needed is determined by several factors, such as the type of investments to be sold, the method of compensation, and the scope

If you’re falling behind on your student loans, you need to get help fast. It’s not just the worried feeling in the pit of your stomach. Miss enough payments and you could face serious consequences, including damage to your credit score, having your wages garnished, getting sued, or having your tax refund seized. Fortunately, both

Investing in the crypto market is a challenge, to say the least. It seems to defy any rules that apply to other markets, and investors can simply be overwhelmed by the volatility and the technical nature of the market. That said, it’s not without reason that many popular investors and companies are beginning to apportion