Mortgage rates have crept back over 7% to start the new year in a potentially troublesome development for the housing market that has struggled under the weight of higher interest rates for two years that have priced people out of the market and slowed sales to 20-year lows.
The average rate on a 30-year,
» Read more about: Mortgage rates climb above 7%; what does that mean for housing market? »
UnitedHealth Group (UNH) is the worst Dow Jones stock Thursday, putting pressure on the price-weighted index, after the health insurance company reported mixed results for its fourth quarter.
In the three months ending December 31, UnitedHealth’s revenue increased 6.8% year over year to $100.8 billion,
» Read more about: UnitedHealth Is the Worst Dow Jones Stock Thursday. Here's Why »
At 65 years old, Eva Roberts is supposed to be entering her golden years. But the Riverhead woman said she knows retirement isn’t on the immediate horizon for her.
Born in 1959, she won’t qualify for full Social Security benefits until May 2026, two months before she turns 67. While uncertain about whether she will apply for benefits then,
Key drivers included a 20% revenue boost in its digital services segment and 9% growth in its reservoir performance segment, offsetting a 1% decline in well construction revenue. CEO Olivier Le Peuch highlighted robust demand in digital products and maximized recovery efforts from existing assets, particularly in the Middle East, Asia, Europe, and Africa.
The big benefit of starting early in long-term investing is that years from now, you can potentially retire early. You may even be able to generate recurring income that you can live off of. Depending on where you live and the lifestyle you want, generating $50,000 in dividends every year could be enough for you to get by without having to rely on other sources of income.
» Read more about: Want to Collect $50,000 in Dividends per Year in Retirement? Here's How »
Washington | The US government is on track to surpass record debt levels set after World War II in just four years, the Congressional Budget Office warned on Friday (Saturday AEDT) — even as it lowered somewhat its deficit projections for the next decade.
The new CBO estimates don’t include revenue losses from President-elect Donald Trump’s plans to extend expiring provisions of his 2017 tax cuts and further steps to reduce levies.
» Read more about: US debt to reach 107pc of GDP by 2029: CBO estimates »
Tesla (TSLA) stock jumped more than 6% Friday amid speculation that CEO Elon Musk could potentially buy TikTok. The social media platform needs to find an American buyer, or it will effectively face a countrywide ban starting next week — and Musk is reportedly the most likely candidate.
The US Supreme Court on Friday rejected an appeal from TikTok to overturn a federal law effectively banning the social media platform.
» Read more about: Tesla stock jumps amid speculation Musk could buy TikTok »
After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $4100.0 and $5800.0 for Booking Holdings, spanning the last three …
» Read more about: Unpacking the Latest Options Trading Trends in Booking Holdings »
Vitaliy N. Katsenelson, CFA, is Chief Investment Officer at Investment Management Associates in Denver,
