The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 0.5% in the group’s seasonally adjusted composite index for the week ending June 29. Mortgage loan rate movements were mixed last week.
When Warren Buffett announced in 2006 that he would graduallygive away the majority of his fortune to charity,he wasnt kidding.
The billionaire investor just donated another 18.6 million Class B shares of Berkshire Hathaway worth $3.17 billion to five different foundations. That puts his total charitable contribution to the organizations at $27.54 billion in just over ten years.
Want to provide a health benefit to workers and encourage employees to save at the same time? Offer a high-deductible health plan combined with a health-savings account; it accomplishes both goals and likely encourages retention, too.
This sounds like Im mixing apples and oranges, but hear me out.
Founders at startups often agonize over retirement plans for employees. Not everyone....More>>>
Whole Foods Market (NASDAQ:WFM) has had a bad time on the market over the past couple of months, losing over 16% of its value on the back of a weak financial performance in its last reported quarter. But, in my opinion, the recent drop in Whole Foods’ shares is an opportunity to buy more of the stock since there are tangible improvements being witnessed across Whole Foods’ operations....More>>>
Today I want to take you back in time – back to 2000 – to share a tale about frustration, calculated risk-taking and innovation.
And gold mining.
The leaders of Goldcorp Inc. (NYSE: GG) knew their way of doing business wasn’t working and understood that, without a change, the long-struggling miner might well run out of cash and go belly....More>>>
As Wall Street celebrates the eighth anniversary of the cyclical bull market on Thursday, two things stand out: a knock in oil prices amid a supply glut and high levels of pessimism that appear at odds with near-record levels of stock-market indexes.
Just when traders became comfortable, a jump in U.S. crude supplies knocked oil prices ....More>>>
Oil stocks might not normally be what you’d consider ideal stocks for retirement. Energy prices are notoriously volatile and cyclical, and those aren’t qualities you usually want to see in a retirement stock. I wouldn’t want the comfort of my golden years to hinge on the success of a wildcat oil driller. Sure, the payoff could be enormous. But you’re just as likely to....More>>>
The Trump administration has fired the first broadside in its insane battle against bilateral trade imbalances. And its aim was not what most people expected. Canada, not China, is the target of the Trump trade team’s wrath.
Commerce Secretary Wilbur Ross has just announced a new 20% tariff on imports of Canadian softwood lumber. The US currently imports about $5.66 billion worth of....More>>>
The year has gotten off to a difficult start in the stock market. The major averages plunged as much as 10%, which is the common definition of a correction. Now the speculation is that a bear market (one that falls at least 20%) will follow. How you view these events is a matter of your personal perspective.
The pundits may be calling the top in the stock market, but Jim Cramer told his Mad Money viewers Friday that he sees the market as individual companies, and the good ones continue to hit it out of the park.
Cramer’s game plan for next week’s trading starts on Monday, when Warren Buffett is scheduled to be on CNBC. Cramer said he wants to hear Buffett’s thoughts on his portfolio’s....More>>>
Editor's note: Seeking Alpha is proud to welcome Michael McGrath as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more 禄
After winning re-election in a vote derided as a sham, Venezuelan President Nicolas Maduro is embarking on a more difficult task: persuading everyone who labeled him a ruthless autocrat that he’s allowing enough freedom to avoid more punishment or international retribution.
Italian stock and bond prices finished lower Tuesday, weighing on the broader European equity bourses, as the countrys new prime minister outlined the coalition governments vision for the eurozones third-largest economy.
However, European tech stocks overall were pushed to a multiyear hig