D.R. Horton’s cancellation rate hit 20% on qualification failures, and loanDepot has collapsed 59% year to date as mortgage origination dries up.
Annaly Capital rose 12% as higher MBS yields widened its net interest spread, while PNC jumped 25% repositioning its portfolio to a 4.4% yield.
» Read more about: The Fed Held Rates Flat for 231 Days, Your Mortgage Rates Went Up Anyway »
At 67, people born in 1960 or later reach full retirement age.
At that point, Social Security benefits are yours without a reduction.
Although waiting will lead to boosted checks, you may have your reasons for filing sooner.
» Read more about: 2 Reasons to Claim Social Security at 67 »
Wall Street’s “fear gauge” is signaling the all-clear. – Getty Images/iStock Wall Street doesn’t seem all that worried about the stock market taking a turbulent turn in the near future. That, in itself, could be one reason investors should stay on high alert. See: Markets are looking eerily calm as investors chase FOMO rally Most Read from MarketWatch As major U.S.
Sensex Today | Stock Market LIVE Updates: The markets remain under pressure even as the indices enter the second half of the day’s trade. The Nifty looks under pressure yet again and is now staring down the barrel of a 7th straight day of losses. The Nifty bank index is down over 100 points. SBI Life,
KUALA LUMPUR, Aug 19 —The ringgit extended its gains to close higher against the US dollar on Wednesday, supported by last-minute buying ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.At 6 pm, the ringgit inched up to 4.0565/0610 against the US dollar from yesterday’s close of 4.0575/0615.Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid told Bernama the markets will be observing the FOMC minutes,
» Read more about: Ringgit climbs before US Federal Reserve minutes reveal policy hints »
Micron’s (NASDAQ: MU) management elaborated on the most important factors impacting the business.Missed Nvidia in 2009? This Rare Signal Is Flashing Again.In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia.
» Read more about: Interesting News for Micron Stock Investors »
NEW YORK (AP) — U.S. stocks are ticking higher Wednesday after the U.S. Treasury Department said it will buy more U.S. government bonds in a move that eased pressure on financial markets worldwide. Strong profit reports for the spring from Estee Lauder, Target and other U.S. companies are also helping to support the stock market.
» Read more about: US stocks look to halt their 3-day slide as pressure from the bond market eases »
The following is a segment recap from The AI Investor Podcast, where 24/7 Wall St. Analyst Austin Smith and Eric Bleeker debate whether robotics is setting up to be the defining investment trend of 2027. In this segment, they dig into the reported 8,000X oversubscription of Unitree’s upcoming Chinese IPO, the volatility investors should expect on the path to a physical AI economy,
Tech stocks were flat in pre-market action Wednesday after a slightly down day yesterday that saw the Philadelphia Semiconductor Index drop nearly 5%. OpenAI’s latest revenue growth numbers didn’t win many fans among investors, according to The Wall Street Journal. The company reported Q2 revenue of $6.7 billion, up 18% from the prior quarter. Rival Anthropic,
» Read more about: Tech stocks today: OpenAI’s growth disappoints, Meta trial continues »
Warren Buffett may have retired as CEO of Berkshire Hathaway (BRKA +0.65%) (BRKB +0.43%), but the legendary investor is still quite active. While serving as chairman of the Omaha-based holding company, Buffett continues to periodically give interviews to the financial media.A prime example is back in May, when the Oracle of Omaha lamented the rise of “gambling culture”