Stock market today: Dow, S&P, Nasdaq slide on Big Tech losses, but weekly gains hold
Despite the negative day, the S&P 500 logged a weekly gain of 1.8%. The Nasdaq also posted a win of 1.8%, while the Dow ...
Mortgage rates end 2024 on a high note – unfortunately for the housing market
In the week ending Dec. 26, the 30-year fixed-rate mortgage averaged 6.85%, mortgage guarantor Freddie Mac said Thursday. The ...
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Average mortgage rates close 2024 at the highest since July
The housing market will end the year with its highest 30-year mortgage rate since July at 6.85%, according to data from ...
The federal government plans to require some businesses to accept cash. But is there still a need for it?
The federal government plans to require businesses to accept cash as payment. But as its use continues to decline, the role ...
Treasury Yields Edge Higher With Long-Term Debt Out of Favor
Treasury yields rose on Monday as traders continue to see a slower pace of interest rate reductions by the Federal Reserve ...
These dollar bills aren’t accepted anywhere in the U.S. Here’s why.
Some dollar bills aren’t accepted anywhere in the country, no matter where you’re shopping. According to Diario AS, the ...
Stock Market Today: Dow ends higher for third straight daily gain, as bulls hold out hope for Santa rally
The Dow Jones Industrial Average went up 66.69 points or 0.2% to end at 42,906.95 for its third straight daily gain, ...
US stocks end sharply higher, dollar drops after inflation report
Wall Street surged on Friday and the dollar softened as cooler-than-expected inflation data helped investors look past the ...
Stock market today: Dow breaks 10-day losing streak but stocks struggle to claw back losses after Fed sell-off
The Dow managed to narrowly snap a 10-day losing streak, giving up most of its earlier gains to end slightly higher after ...
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Fed notes economic impact from “unusual weather”
The warm and dry stretch of weather that Massachusetts experienced from late summer into the fall caused a serious drought ...
Why Treasury Yields Are Rising Again and What to Do With Bonds Now
Bond investors dumped their long-term Treasuries as the Federal Reserve lowered interest rates this year. The yield, on the U.S. 10-year government note—a benchmark that sets interest rates on ...
Treasury Yields Stall Near Month’s Highs With Rate Cut Expected
The latest increases in US bond yields — ahead of an expected third interest-rate cut by the Federal Reserve on Wednesday — are also increasing the cost of remaining in cash and equivalents.