Mortgage rates remained relatively flat for a second day Thursday, keeping close to the new highs set on Tuesday. The 30-year average is now in the mid 6% range and at its highest level since the fall of 2008. Today’s National Mortgage Rate Averages Rates on 30-year mortgages held mostly steady again Thursday, remaining elevated
The number of stock trading and robo-advisor options has continued to expand in recent years. While growing competition and innovation is great news for investors, it can be challenging to decide which platform best suits your goals. To help evaluate the best options in the industry, we’ve extensively researched these U.S.-based offerings to determine the
Monetary policy will be in the spotlight this week, with the Federal Reserve, the Bank of England (BoE), and the Bank of Japan (BoJ) all scheduled to hold policy meetings and decide on interest rates. Sweden’s central bank could be the first to act, with an interest rate decision to hike rates by 75 basis points (bps) expected tomorrow. The Fed is
Most countries rely on migrant workers, defined as someone who has migrated from their home country or another country for employment purposes. Migrant workers can be found in nearly every country in the world. The life of a migrant can be difficult, and many lack unions, social connections, and lack the language skills of the
Take a look at some of the biggest movers in the premarket: AutoZone (AZO) – AutoZone gained 3.9% in premarket action after the auto parts retailer reported better-than-expected profit and revenue for its latest quarter. AutoZone’s same-store sales rose 6.2% compared to a year ago, twice what analysts had predicted amid continued strength in its
Anti-aging stocks have not proven immune to poor market conditions that have plagued the broader biotech industry. The biotech industry remains hampered by the same bleak economic conditions as those affecting growth companies. As a result, the Nasdaq Biotechnology Index and SPDR S&P Biotech ETF (NYSEARCA:XBI) have fallen 16.5% and 23.5%, year to date (YTD),
Finding the right stocks to buy for 1,000% gains in current market conditions seems challenging. However, it’s not impossible. In any economic scenario, there are stocks and sectors that tend to outperform. During the covid-19 pandemic, stocks from the pharmaceutical, e-commerce and social media segments delivered manifold returns. Similarly, in the last bull market for
Lucas Walton Builders Vision, the investing and philanthropy platform of billionaire Lukas Walton, has shifted its $1 billion endowment into what it calls “impact investments,” leading a broader shift in family offices to connect their investing and giving. Chicago-based Builders Vision will announce today that its Builders Initiative Foundation has moved 90% of its endowment
With the world’s most powerful central bank committed to tackling soaring prices, it may be time for investors to consider specific stocks to buy for falling inflation. Here’s the reason why forward-looking market participants anticipate lower prices over the next several months. In late August, Federal Reserve Chair Jerome Powell delivered his policy speech at
The best nuclear energy stocks represent companies that have a future as world seems to be fast approaching an energy crisis. Oil prices soared during the better part of the year, while natural gas prices are rising on fears over supply constraints heading into the winter. Some experts claim that nuclear energy is perhaps critical
Unless you are independently wealthy, setting aside money today to see that you have enough for the years down the road by starting a retirement fund is not an option—it’s mandatory. Unfortunately, inertia can be a powerful force, and going from not saving to saving can be daunting to most people. So much investment and
Investors can trade futures to speculate or hedge on the price direction of a security, commodity, or financial instrument. To do this, traders purchase a futures contract, which is a legal agreement to buy or sell an asset at a predetermined price at a specified time in the future. Futures came about in the mid-19th century, allowing
Short-squeeze stocks are back on many investors’ radars as meme stock mania appears to be in full swing once again. The experts who thought the trend was over are in for a rude surprise. The prominent recent moves of stocks like Bed, Bath and Beyond (NASDAQ:BBBY) illustrate meme stocks are still a force. A short
September is a notably poor month for investing. In fact, the trend is so well known that it has been dubbed the September Effect. The data supports the notion with the S&P 500 averaging a 1% decline in the month from 1928 to 2021. That’s the bad news. The good news is that as time
Over the last few years, cryptocurrency has become an increasingly popular option for investing. The crypto market is known for its volatility but has captured the attention of a large number of investors looking for new ways to seek profit in their portfolios. But amid such a new and unregulated financial market, investors are left
Population and development often go hand in hand in the very same way that population growth and the potential for future economic growth do. As such, some of the largest cities in the United States are also the most populated. Below, you’ll find a list of the 10 most populated cities in the United States.
Macaulay Duration vs. Modified Duration: An Overview The Macaulay duration and the modified duration are chiefly used to calculate the duration of bonds. The Macaulay duration calculates the weighted average time before a bondholder would receive the bond’s cash flows. Conversely, the modified duration measures the price sensitivity of a bond when there is a
Marriage vs. Common-Law Marriage: An Overview There are many things you and your partner have to think about when you’re making a life together from where you’re going to live, who will take charge of the cooking, and whether or not you’re going to have kids. But that’s not all. Couples also have to decide what
Quantitative analysts develop high-level trading and risk management strategies using complex algorithms and mathematical equations. This is a career for the top 1% in numerical proficiency. If you were always the math whiz in class, even at the post-graduate level, a lucrative career in quantitative analysis could be in your future. Most quantitative analysts have
Is it better to be bad than to be good? It is a question that has plagued humanity since the beginning of time, and the world of investing has not been immune to the controversy. In one corner are the fans of socially responsible investing (SRI), and in the other corner are the fans of