Mortgage Loan Rates on the Rise Again
Mortgage loan rates rose last week as yields on U.S. Treasuries rose following Fed chair Jerome Powell's comments on cutting the federal funds rate.
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Paul Ausick
Bank of America’s Q2 Results Should Have Been Better
Bank of America reported mixed second-quarter results Wednesday morning, with better-than-expected earnings per share but weaker revenues.
Rising Home Prices Keep Foreclosure Rates at Multi-Decade Lows
Delinquent home mortgage loans have fallen to 20-year lows and foreclosures have dipped back below pre-crisis levels.
Why JPMorgan Shares Fell After Q2 Results
JPMorgan Chase reported second-quarter earnings and revenues that beat expectations, but a dollop of bad news is weighing on shares Tuesday.
Can These Tools Really Help You Escape a Burning or Sinking Car?
More than 1,800 Americans died in 2017 when they couldn't escape from a burning or sinking vehicle. How well do tools sold to help avoid this really work?
Average US Rent Rose 2.6% in First Half of 2019
Average apartment rents across the United States rose by 2.6% in the first half of 2019. Manhattan has the highest average of any U.S. city while Wichita, Kansas, has the lowest.
Oil & Gas Midcap Callon Buys Rival Carrizo for $3.2 Billion
Two midcap energy companies announced Monday an agreement under which Callon Petroleum will acquire Carrizo Oil & Gas in an all-stock deal valued at more than $3 billion.
Selling Your House May Cost You a Lot More Than You Think
Even if you decide to sell your home without using a real estate agent there are costs you will probably need to pay to ensure a quick sale at the best possible price.
OECD Calls for Structural Changes to Meet Slowing Global Economy
The OECD's annual "Going for Growth" report was released Friday and the U.S. gets a mixed review.
Trump Weighs In on Facebook Cryptocurrency: He Doesn’t Like It
President Trump made his first foray into the digital currency battle on Thursday, joining critics of cryptocurrencies in general and Facebook's Libra, in particular.
Ford, VW: Tying Two Rocks Together Does Not Make Them Float
Ford and Volkswagen announced on Friday further investment in a Pittsburgh-based autonomous driving platform firm and a deal that gives Ford the right to build cars for Europe using VW's modular design. It's hard…
OPEC Cuts Will Fail to Raise Demand for Oil: IEA
Although demand from crude oil is expected to rise over the next several quarters, the size of the increase is shrinking. And OPEC is not going to be able to turn that situation around…
Democracy Is Worth 20% of a Country’s GDP, Research Shows
Over the past 50 years, countries that have switched from non-democracies to democracies show a 20-point increase in GDP as a result.
Attention Shoppers: Watch for Fakes on Amazon Prime Day
Amazon Prime Days are upon us, and shoppers should remember that a lot of fake goods are sold by the company's Marketplace sellers and that can be both costly and dangerous.
Short Sellers Pile Into Alternative Energy Stocks, Remain Mixed About Solar
Short interest in solar stocks was mixed for the two-week period ending June 28. But short sellers were clear about their judgment of alternative energy stocks.
Short Sellers Hold Their Ground on Energy Stocks
Short sellers seemed content with their positions in oil and gas stocks during the most recent short interest period ending June 28.
Will Better Pay for Employees Cause Restaurants to Disappear?
A recent survey of restaurant employees indicates that their pay may not be the most important factor in why they leave their jobs. That is hard to believe.
US CEO Departures Slowed in June, Remain 15% Higher Year Over Year
More CEOs have left their jobs in the first half of 2019 than in the same period last year, but the pace of the departures slowed sequentially.
Global Clean Energy Investment Down 14% in First Half of 2019
Investment in clean energy projects dropped by 14% worldwide in the first half of 2019, largely the result of a 39% drop in new Chinese investment. But there were some bright spots as well.
Mortgage Loan Rates Mixed, New Applications Down in Holiday Week
Adjusted to account for the Fourth of July holiday, new mortgage applications dropped by 2.4% last week while mortgage interest rates mostly made small adjustments.