Mortgage rates were expected to fall, but they're surging. There's a reason for that.
Most economists were expecting mortgage rates to fall over the course of the coming year. But rates have risen steadily over the last month, inching back up to 7% - and they're expected to move even ...
U.S. stocks got clobbered Friday despite a blockbuster jobs report. What's going on?
The S&P 500 SPX sank in December as yields pushed higher. Losses have continued in January and the index was down nearly 1% on the month as of Friday's close, with Friday's declines wiping out gains ...
Is Inflation Really What Ails Stocks and Bonds?
Disentangling the signal from the noise, investors expect sticky or maybe higher inflation, but they also anticipate higher ...
California wildfires highlight the fast pace of home building in fire-prone areas
In a sign of how difficult it was, even before the recent fires, for homeowners to obtain insurance, California's insurer of last resort, known as the FAIR Plan, had an estimated $9 billion exposure ...
NASDAQ Composite Falls 2.34% This Week to 19161.63 — Data Talk
The NASDAQ Composite Index is down 460.05 points or 2.34% this week to 19161.63 --Largest one-week point and percentage decline since the week ending Nov. 15, 2024 ...
Meta cuts DEI, marking another cultural shift ahead of Trump's White House return
Meta Platforms Inc. is rolling back its diversity, equity and inclusion programs, according to a memo sent to employees, marking the tech giant's latest cultural shift ahead of President-elect Donald ...
U.S. stocks are expensive 'on almost any valuation metric.' Why they could remain so for a while.
They said the U.S. equity risk premium - or the gap between stocks' earnings yield and that of 10-year Treasury yields - is at a historically low level and could go even lower from here due to the ...
10-, 30-year Treasury yields end at highest since November 2023 after strong jobs report
Yields on 10- and 30-year U.S. government debt finished at their highest levels in over a year on Friday after December payrolls data came in stronger than expected, reducing market expectations for ...
News Highlights: Top Financial Services News of the Day - Friday at 4 PM ET
FDIC Vice Chairman Travis Hill will call for no change in capital requirements for the largest banks in his Friday speech. Hendrik Jordaan agreed to pay a $250,000 civil penalty but didn't admit or ...
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday's unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of calculating ...
The California wildfires could push more people toward travel insurance. This type offers extra peace of mind - for a price.
Given all the attention that the California wildfires have gotten, it may prompt more consumers to consider travel insurance, period - whether a traditional plan or one with CFAR protection - when it ...
Here's when you can file your 2024 taxes - and what's new this year with refunds, tax laws and free tax prep
The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 federal ...