Investing News

Mortgage rates have been on the rise for three consecutive days across most loan types. For its part, the flagship 30-year average has climbed more than three-tenths of a percentage point since Friday, pushing it further above the 6% mark. Today’s National Mortgage Rate Averages Thirty-year mortgage rates moved higher for a third day Tuesday,

When central bankers from around the world gather in Jackson Hole, Wyoming later this week, they will be confronting fresh data suggesting the global economy is at risk of sliding into recession. Surveys of purchasing managers from Asia to Europe, and in the U.S., show business activity contracting, with little sign of a turnaround anytime soon. U.S. private-sector business

Investing is a way to set aside money while you are busy with life and have that money work for you so that you can fully reap the rewards of your labor in the future. Investing is a means to a happier ending. Legendary investor Warren Buffett defines investing as “the process of laying out

The price-to-earnings (P/E) ratio is calculated by dividing a company’s stock price per share by its earnings per share (EPS), giving investors an idea of whether a stock is under- or overvalued. A high P/E ratio may suggest that investors are expecting higher earnings growth in the future compared to companies with a lower P/E.

Key Takeaways Analysts estimate EPS of $0.50 vs. $0.94 in Q2 FY 2022. Data center revenue is expected to rise at a rapid pace YOY, but decelerating relative to the past two quarters. Companywide revenue is expected to increase, but at the slowest pace in 11 quarters. Nvidia Corp. (NVDA) has seen profits and revenue

A whistleblower claims that Twitter, Inc. (TWTR) has been “in violation of numerous laws and regulations” and has exhibited “extreme, egregious deficiencies” regarding privacy, security, and content moderation. Moreover, the former Twitter executive asserts that the microblogging and social media company has made misrepresentations to Tesla, Inc. (TSLA) CEO Elon Musk, who is engaged in

Thoughts of the American Frontier, also known as the Wild West, often conjure up visions of lawlessness and expansion into new unknown territory. This period is often characterized by volatility, risk, reward, and loss. Feelings of what it was like in the Wild West often hit close to home for those who find themselves within

People have many different styles and tastes when it comes to money, but making your money grow is typically considered the most fundamental investment objective. The best way to accomplish this goal will vary according to factors such as the investor’s risk tolerance and time horizon. However, there are some key principles and techniques that

Capital gains may be realized on some forms of intangible property. Intangible assets are non-physical assets, which include patents and licenses. A capital gain occurs when an asset is sold for a higher price than what it was purchased for, and those gains are considered taxable by the Internal Revenue Service (IRS). Although there are

In the month since the Fed announced its fourth rate hike of the year, certificate of deposit (CD) rates have now risen across all the major terms. But over the most recent week, the top rate in many terms was flat, while you can now earn more on a 2-year CD, but less with a

Imagine heading out for a hard day’s fishing and returning with a gem that stuns fishermen across the nation? That’s exactly what happened to Mark Rand and his son Luke, who caught a rare, bright blue lobster off the coast of Maine on Aug. 11, 2022. The father and son, who between them have at

Stock chart patterns often signal transitions between rising and falling trends. A price pattern is a recognizable configuration of price movement identified using a series of trendlines and/or curves. When a price pattern signals a change in trend direction, it is known as a reversal pattern; a continuation pattern occurs when the trend continues in

Lotteries are a big business. Hopeful individuals dreaming of huge and potentially life-changing cash prizes spend a significant amount of cash every month. Lottery proceeds help fund public sector programs, including education, park services, and funds for veterans and seniors. The Mega Millions and Powerball lotteries have become a key feature of monthly consumer spending

Slightly less than half of e-filed tax returns are self-prepared; paid tax preparers complete the rest. Of course, many taxpayers who complete their own returns do so with the help of tax software, such as Intuit TurboTax, TaxSlayer, and H&R Block Online. Whether you’re better off with a software package or a tax pro depends

Shares of AMC (AMC) fell 42% yesterday as its new APE preferred shares began trading, while major cinema operator Cineworld warned of potential bankruptcy.  AMC’s APE units debuted yesterday after being distributed to investors as a special dividend. The company said investors would receive one APE share for every share of Class A AMC stock they own, effectively

Five companies, including cryptocurrency exchange FTX US, have been served with a cease and desist letter by the Federal Deposit Insurance Corporation (FDIC). The letters have been sent over issues related to “false and misleading statements” regarding the companies being insured by the FDIC. The companies that have been sent these letters are FTX US,

Options trading may seem overwhelming at first, but it’s easy to understand if you know a few key points. Investor portfolios are usually constructed with several asset classes. These may be stocks, bonds, ETFs, and even mutual funds. Options are another asset class, and when used correctly, they offer many advantages that trading stocks and

The U.S. stock market’s four-week winning streak came to an end last week with all major indexes wearing red. The Nasdaq, where the gains have been the most robust, fell the most—dropping more than two-and-a-half percent for the week, while the S&P 500 fell a little over 1%. Futures to start off this week are

Expectations for the Federal Reserve’s next interest rate hike at its upcoming meeting in September have shifted following yesterday’s release of minutes from the Fed’s July meeting. Ahead of the release, traders had been evenly divided between an increase of 50 basis points (bps) and an increase of 75 bps, according to CME Group, based on fed funds futures data.

As central banks around the world have been aggressively raising interest rates to combat inflation, Turkey’s central bank is taking a very different approach. Despite inflation soaring to nearly 80%, Turkey’s central bank announced it has decided to cut its interest rate from 14% to 13%. It had been at 14% for the past seven months. Analysts had