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.
International trading houses have stopped buying aluminum from United Co. Rusal as U.S. sanctions on the Russian company sent shock waves through the market for the metal used in everything from airplanes to beer cans.
Trading houses have been advised by their banks and lawyers that they can’t continue trading with the Russian company, according to executives at five companies that....More>>>
Look ata One Belt, One Road map showing how much of the world China’s new Silk Road economic initiative will involve and you’ll see one thing right away: This is a massive global undertaking with incredible potential for China, and investors.
China could invest over $5 trillion into building its Belt and Road initiative over the next 10 years. That could mean a near 50%....More>>>
That’s what the actual Stormy Daniels said to Alec Baldwin’s President Donald Trump on this week’s edition of “Saturday Night Live.” The actress appeared in the cold open alongside many other big names that surround Trump.
One such name was Trump’s lawyer, Michael Cohen, played by Ben Stiller.....More>>>
What’s Next: President Trump is about to announce more than $50 billion in annual tariffs on China in an effort to combat its theft of U.S. technology secrets. The move is Trump’s most aggressive play against China yet and could launch a global trade war.
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The Big Picture: The U.S. and China are at war for technological supremacy in the 21st Century.....More>>>
March 20, 2017: Markets opened slightly lower Monday and traded close to the break-even line all day. Leading indicators and consumer sentiment readings were both strong. Only the materials sector traded high late in the afternoon while energy and utilities were the laggards. The blue chips were performing best. WTI crude oil for April delivery settled at $48.22 a barrel, down 1.2% on the day. April....More>>>
Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Tuesday, January 10.
Cramer thought that optimism in small business would not have an impact on the market. He admitted he was wrong as NFIB indicated that the rise in optimism in December was the highest since 1980. They surveyed 619 businesses which led to the highest index since 2004.
SOFIA, Bulgaria The European Union has called on U.S. President Donald Trump's administration to stop threating it with tariffs on steel and aluminum, saying Thursday it is prepared to discuss trade but not at gun-point.
In March, Trump slapped tariffs of 25% on steel imports and 10% on impo
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
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If you're not familiar with how Social Security works, you might assume that there's a single age at which eligible recipients have to file for benefits. Not so. You actually get an eight-year window to claim benefits that begins at age 62 and carries through until age 70. (Technically, you're no
The biopharma and drug supply chain sectors outperformed the market last week, even as Trump administration officials pressed the president's blueprint to lower drug prices, with tough rhetoric for drugmakers and public shaming of pharmaceutical firms for supposedly blocking competition.