Average US long-term mortgage rate dips to 6.01%, lowest level in more than 3 years
The average long-term U.S. mortgage rate slipped this week to its lowest level in more than three years, but remains around 6% in the same narrow range it has been in this year.
The benchmark 30-year fixed rate mortgage rate fell to 6.01% from 6.09% last week, mortgage buyer Freddie Mac said Thursday.
Read MoreLatest Social Security increase estimate is out and it’s not great news for seniors
We’re only two months into 2026, but Social Security watchers are already casting a wary eye to 2027.
The non-partisan The Senior Citizens League’s monthly projection of Social Security’s Cost of Living Adjustment, or COLA, for the coming year is out and puts the 2027 increase at 2.8%. That’s up 0.3 points from last month’s forecast of 2.5%,
Read MoreReaders sound off: Rising medical bills are devouring Social Security checks
The drubbing that monthly Social Security benefits take from out-of-pocket medical costs shocks many retirees.
My recent column highlighting how healthcare costs are eating into Social Security checks hit a nerve. Thousands of you shared how you’re grappling with the reality: that even including Medicare coverage and not accounting for long-term care,
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Read MoreWhy is Dow Jones down today: Dow crashes more than 270 points today – S&P 500 and Nasdaq also in deep red
Why is Dow Jones down today: The Dow Jones Industrial Average fell 271.87 points to 49,390.79, down 0.55% in Thursday trading, as investors reacted to Walmart earnings, rising oil prices, and escalating US–Iran tensions. The S&P 500 Index dropped 25.42 points to 6,855.89, a 0.37% decline. The Nasdaq Composite slid 76.03 points to 22,677.60,
Read MoreAs Meta and Nvidia Announce a Huge, Multi-Year Partnership, Which Is the Better Stock to Buy?
Artificial intelligence (AI) is no longer a side project for Big Tech. It’s the main engine of growth. Demand is rising fast, and the world’s largest companies are investing billions to build the computing power needed to stay ahead.
Against this backdrop, Nvidia (NVDA) and Meta Platforms (META) announced a sweeping,
The Burst
A Flying Bet on the Future of Urban Mobility
Instead of building Jetsons-style flying cars, Archer is focused on eVTOLs, electric vertical take-off and landing aircraft.
These battery-powered machines seat four passengers, can travel at speeds up to 150 miles per hour, and are designed to fly with less noise and turbulence than a traditional helicopter.
While they won’t end traffic jams on the ground,
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Read MoreThe Ivy
Why This Billionaire Is Buying Google In Spades
In the second quarter, Bill Ackman’s Pershing Square Capital added another 900,000+ shares of Alphabet Class A (NASDAQ: GOOGL).
Combined with its Class C (NASDAQ: GOOG) shares, Alphabet now makes up about 21% of Pershing Square’s portfolio, one of the fund’s biggest bets.
So what makes Alphabet such a perfect Ackman stock,
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Read MoreThe Spotlight
Will This AI Goliath Hit $4 Trillion by 2027?
While no company has reached that towering $4 trillion milestone yet, Microsoft, Apple, and Nvidia are all within striking distance.
It’s not inconceivable that any one of them could be first past the post but if you’re asking who not only gets there, but stays there, the strongest case can be made for Microsoft.
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