The Daily
How a Fed rate hike can affect mortgages — and affordable lenders to help you save
There’s more disappointing news for home shoppers who were hoping this would be the year of the sub-6% mortgage rate: At 6.43% during the week ending July 2, rates are probably the lowest they’ll get through the New Year.
The average 30-year fixed mortgage rate will likely remain between 6.50% and 6.70% until 2027,
Prediction: This Under-the-Radar Growth Stock Is Going to Soar After July 21
Key Points
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Interactive Brokers operates the world’s largest online investing platform for stocks, options, futures, and cryptocurrency.
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The company benefits when the financial markets are volatile, because more trading activity leads to more commissions.
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Interactive is coming off two straight months of record average daily transaction volume.
» Read more about: Prediction: This Under-the-Radar Growth Stock Is Going to Soar After July 21 »
Billionaire Warren Buffett Says a Quarter of His 2,700 Daily Calories Come from Coke — But He Once Loved Rival Brand And Was Nicknamed ‘Pepsi Warren’
Warren Buffett has never hidden his love for Coca-Cola (KO). While nutrition experts might cringe at the thought of drinking five sodas a day, the Berkshire Hathaway (BRK.A) (BRK.B) chair has made it part of his daily routine for decades—and turned that personal preference into one of the most profitable investments of his career.
Warren Buffett's Berkshire Successor, Greg Abel, Just Bought More of This Magnificent Tech Stock
Key Points
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Last month, Berkshire Hathaway made some major deals, including a $10 billion private placement investment in Google parent Alphabet.
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Representing a further increase in Berkshire’s equity position in the “Magnificent Seven” stock, this transaction could foreshadow a greater allocation into technology stocks.
Warren Buffett's Berkshire Successor, Greg Abel, Just Bought More of This Magnificent Tech Stock
Greg Abel, Warren Buffett’s successor as CEO of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB), made few changes to Berkshire’s portfolio when he first took the role in January, but over the past month, he has made some major moves.
As you may recall, last month, Berkshire announced plans to acquire homebuilder Taylor Morrison for $8.5 billion.
Warren Buffett's Successor, Greg Abel, Has 30% of Berkshire Hathaway's $343 Billion Investment Portfolio Tied Up in 2 Foundational AI Stocks
Social Security Checks Are Rolling Out. Here's Who Qualifies For Up To $5,181
In July 2026, many Social Security beneficiaries are receiving their benefit payments slightly earlier in the month than is normal. Per the Social Security Administration’s (SSA) 2026 benefit payments schedule, those who began receiving Social Security before 1997 are usually paid on the third day of every month. However, since the July Fourth holiday fell on a Saturday this year,
The stock market sounds an alarm
Through decades of disciplined investing, Warren Buffett turned Berkshire Hathaway from a struggling textile manufacturer into one of the largest companies in the world. Under his leadership, Berkshire Class A shares returned 19.7% annually over six decades, while the S&P 500 (^GSPC 0.45%) gained 10.5% annually.
The Federal Reserve's Initial July Inflation Forecast Looks Fantastic on the Surface, but Something Sinister Lurks in the Details
For much of the last four years, the evolution of artificial intelligence (AI) has dominated Wall Street headlines. Otherworldly growth prospects for AI have lifted the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) to new heights.
But a strong argument can be made that inflation has surpassed AI as the stock market’s No.