Articles

Specter of a Fed rate hike by June looms as U.S. labor market stays strong

The once-unthinkable scenario of no interest-rate cuts by the Federal Reserve in 2024 is now giving way to another possibility: a slight chance of a quarter-point rate hike by June.

Stocks are bad at holding early gains lately. Can equities avoid this 6-year milestone?

The S&P 500 needs to end higher on Thursday to avoid a four-day streak of opening in the green, but closing in the red

‘It’s the scene of an unsolved murder’: We put in an offer on a secluded cabin with 40 acres, but someone was killed there. Should we bail? 

“It doesn’t really bother me that someone was killed there. However, what does bother me is the fact that this murder is still unsolved.”

Mortgage rates hit highest level since November 2023

The 30-year mortgage rate is averaging at 7.1% Freddie Mac said in its latest weekly survey on Thursday.

Eight stock picks in AI, obesity drugs, e-commerce and other growth areas beyond the S&P 500

Nicole Kornitzer of Buffalo Funds explains how she invests in “secular growth trends that can last a number of years.”

Bill that could lead to TikTok ban gets potential new path to becoming law soon

The prospects may have improved this week for a bipartisan House bill that could lead to a nationwide ban for TikTok.

Citizens Financial is latest lender to tap the bond market a day after earnings

Regional bank’s most active bond is currently yielding 6.64%

WiSA sells stock at a more than 60% discount after its recent rocket ride

WiSA Technologies’ stock was among the biggest decliners listed on the Nasdaq, but that registered as only a minor pullback following a fivefold rocket ride over the previous two sessions.

Leading index for U.S. economy retreats again after first increase in two years

The leading indicators for the U.S. economy fell in March, just a month after posting the first increase in two years, but there’s little sign that growth is slackening.

U.S. slaps new sanctions on Iran over Israel attack

The Biden administration on Thursday slapped new sanctions on people and entities associated with Iran’s drone program in response to Tehran’s attack on Israel on April 13.

Fed’s Williams says he doesn’t feel ‘urgency’ to cut rates

The Federal Reserve’s benchmark interest rate is in a “good place,” moving inflation down, and there is no need to rush to push it lower, New York Fed President John Williams said Thursday.

Home sales get hammered by higher mortgage rates, but one region is holding up

Existing-home sales fell to a rate of 4.19 million in March, the National Association of Realtors said.
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