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.
The number of people working or looking for work in the U.S. is near a four-decade low, and some experts believe that the opioid epidemic has played a key role in keeping a lid on participation.
According to Jeff Korzenik, chief investment adviser at Fifth Third Bank, the abuse of painkillers that has gripped the nation could be at the heart of a weaker reading of labor-force participation....More>>>
Uranium has been back in the news lately, not only due to its relationship with geopolitical maneuvering concerning nuclear weapons, but also as a necessary commodity in the global quest for clean, renewable energy.
The United States is the world’s largest producer of nuclear power, accounting for more than 30% of worldwide nuclear generation of electricity. While....More>>>
Enphase Energy (NASDAQ:ENPH) shot up 1.2% during mid-day trading on Thursday . The company traded as high as $6.04 and last traded at $5.65. 83,628 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 1,595,823 shares. The stock had previously closed at $5.72.
Several research analysts have weighed in on ENPH shares. HC Wainwright started coverage....More>>>
President Trump called for tariffs on U.S. steel and aluminum imports that could hurt corporations as well as consumers. Such tariffs also stirred fears of a trade dispute between the United States and China. This in turn propelled Wall Street’s fear gauge index above its historic average and dragged the broader markets down.
Boston, MA, based Investment company North Tide Capital, Llc buys Impax Laboratories, Allergan PLC, Accuray, sells Community Health Systems, Valeant Pharmaceuticals International, Mylan NV, Perrigo Co PLC, Select Medical Holdings during the 3-months ended 2016-12-31, according to the most recent filings of the investment company, North Tide Capital, Llc. As of 2016-12-31, North Tide Capital, Llc....More>>>
Stocks made gains on Thursday after the Labor Department reported that consumer prices rose less than expected in April, easing worries about inflation. TheDow Jones Industrial Average (DJINDICES:^DJI)rose nearly 200 points and theS&P 500 (SNPINDEX:^GSPC)added almost a percentage point.
Today’s stock market
Index Percentage Change Point Change
Source: ThinkstockJanuary 5, 2018: The S&P 500 closed up 0.7% at 2,742.70. The DJIA closed up 0.9% at 25,291.67. Separately, the Nasdaq was up 0.8% at 7,136.56.
Friday proved to be yet another positive day for the broad U.S. markets, with all major exchanges hitting a new record high. With the first week of 2018 in the books, it seems that the markets can only go up from here with the....More>>>
If small-company stocks offer the chance to get into businesses on the ground floor, and big blue chips offer world-beating stability, what do shares of midsize companies bring to the table? Historically, superior returns. Since 1980, the Russell Midcap index, which tracks U.S. stocks with $934 million to $34 billion in market capitalization (stock price times shares outstanding), returned 12.9%....More>>>
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