Fed Hikes Mean Mortgage Rates Will Rise As House Sales Decline
As the Federal Reserve has been raising rates to combat rising inflation, mortgage rates have been rising steadily over the past year. With the Fed’s newest 0.75% hike, that rise…
Trends Make The Portfolio
As the Federal Reserve has been raising rates to combat rising inflation, mortgage rates have been rising steadily over the past year. With the Fed’s newest 0.75% hike, that rise…
Tecovirimat, brand name TPOXX is currently the only available treatment for monkeypox. While it has only been tested for use against smallpox, its manufacturer SIGA Technologies (SIGA) is now flooded…
Analysts are noting there may be a unique legal obstacle for Twitter as it seeks to compel Elon Musk to complete his purchase of the social media giant. Twitter is…
After JP Morgan reported that McDonald’s concluded its test of Beyond Meat Veggie burger patties in its McPlant burger, shares of Beyond Meat plummeted 5% in morning trading, before gradually…
As inflation has ramped up, one factor which has countered its effect were high levels of personal savings by consumers. However a few recent studies have indicated those caches of…
As the war in Ukraine rages on and the West seeks to economically isolate Russia, Russia is using energy to forge closer economic ties than ever to non-Western powers, threatening…
Gross Domestic Product fell 0.9%, year over year, according to the advance estimate, the Bureau of Economic Analysis reported Thursday. That follows a contraction in the first quarter of 1.6%,…
Amazon (AMZN) reported earnings after the bell on Thursday. Revenue beat expectations, however the company suffered a net loss of $2 billion. The stock rose 12% in after-hours trading. The…
Apple released its third quarter earnings report, showing revenue of $83 billion, beating analyst’s expectations of $82.7 billion, despite fears that a slowing economy and rising inflation might have eroded…
Previously owned home sales contracts missed expectations in June as rising mortgage rates, and high home prices combined to reduce affordability for first time and entry-level homebuyers. The National Association…