Mortgage rates top 3% again — and this time they’re not likely to go back down Mortgage rates, which recently dipped below 3% again — delighting home shoppers and homeowners looking to save on a refinance — have surged back above that line, according to a long-running and closely followed survey. The increase is meaningful, … Read more
It’s time to check the mailbox and bank account for extra cash from the October child tax credit that rolled out Friday. Many parents saw the money hit their accounts as expected just like it arrived for the past three months. But no, unfortunately, it looks like it won’t be smooth sailing for everyone. As … Read more
How Can Short Selling Make Money? One way to make money on stocks for which the price is falling is called short selling (also known as “going short” or “shorting”). Short selling sounds like a fairly simple concept in theory — an investor borrows a stock, sells the stock, and then buys the stock back … Read more
Two weeks ago, in a short and terse affair that did nothing to address the spill-over from overheating gas markets, OPEC+ confirmed that it would stick to its July agreement to boost output by 400,000 barrels per day (bpd) each month until at least April 2022 to phase out 5.8 million bpd of existing production … Read more
A massive disruption now appears imminent in one of the world’s largest – and most important – industries. In much the same way that Amazon disrupted the retail business – and how PayPal disrupted the payments industry – one under-the-radar health technology company now seeks to transform the $11.85 trillion global health industry. By moving … Read more
While earnings growth is expected to slow down appreciably for many companies from a record-breaking first half, two prominent companies are projected to put up big numbers this week. Netflix Inc. NFLX, -0.87% and Tesla Inc. TSLA, +3.02% are scheduled to report earnings on back-to-back afternoons in the coming week, Tuesday and Wednesday respectively, and … Read more
Tech’s continuing financial dominance has been a huge part of Wall Street’s surge during the COVID-19 pandemic, but it appears that the supply-chain problems hurting other industries will not skip Big Tech. Amazon.com Inc. AMZN, +3.31% and Apple Inc. AAPL, +0.75% are prominent examples of tech companies expected to experience or forecast shortfalls related to … Read more
Let’s talk a bit about return potential, and small-cap stocks. The two attributes are related, and frequently offer investors a fine combination of risk-reward ratio to emphasize the former. It’s the basic arithmetic behind finding a solid return potential. A small cap stock, one with a market value lower than $2 billion, will usually feature … Read more
When Wendy White, 57, quit her job in March, a key reason was her company’s insistence employees return to the office in the midst of a pandemic. White, the single mother of an 11-year-old son, had no child care options and was fearful of taking public transportation while COVID-19 was spreading. Now she is considering … Read more
(Bloomberg) — Oil advanced at the open of trading in Asia after an eighth weekly gain with the market facing a global energy crunch ahead of winter. Most Read from Bloomberg Futures in New York climbed near $83 a barrel after adding 3.7% last week, capping the longest run of weekly gains since 2015. A … Read more