Tag: Stocks and Bonds
Average rate on 30-year mortgage hits 7%, its fifth straight increase
The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight...
Founder of muckraking financial information firm Hindenburg Research calls it quits
BANGKOK -- Nate Anderson, the founder of the muckraking financial information firm Hindenburg Research, says he is disbanding the organization after it finished...
US inflation likely remained sticky-high last month, threatening interest rate cuts
WASHINGTON -- U.S. inflation probably worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that...
Average US long-term mortgage rate inches up to 6.93% for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark 30-year fixed rate...
Stock market today: Asian shares slip after Wall St slumps despite strong US economic data
HONG KONG -- Asian markets were mostly lower on Wednesday after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs...
Stock market today: Wall Street slips to kick off 2025 as Tesla drags
NEW YORK -- U.S. stock indexes are falling Thursday to start 2025.The S&P 500 was down 0.6% in afternoon trading after rising as...