You often hear the word “reset” when analysts come on television to describe what’s happening now. That’s genuine Wall Street gibberish and, as you know, I don’t like that language. I translate it on the spot. A reset really means something bad is happening that has caught us by surprise. We can no longer like […]

After surging a third of a percentage point over three days to notch their priciest level since January, 30-year refi rates moved slightly lower Thursday. Giving up 2 basis points, the flagship refi average slid to a 7.24% average. This year’s high water mark is 7.30%, registered in January. But in early March, the 30-year

Ray Dalio, founder of Bridgewater Associates LP, speaks at the Abu Dhabi Finance Week (ADFW) conference in Abu Dhabi, United Arab Emirates, on Tuesday, Dec. 10, 2024. Bloomberg | Bloomberg | Getty Images Bridgewater founder Ray Dalio said on Sunday that he is worried that the turmoil resulting from President Donald Trump’s tariff and economic

Key Takeaways United shares stabilized Friday after several days of turbulent price swings as investors asses what impact economic uncertainty will have on the airline’s outlook. The stock ran into selling pressure near the upper trendline of a descending broadening formation and 200-day moving average during Wednesday’s rally that saw the stock register its highest

President Donald Trump’s pause on sweeping global tariffs while keeping the pressure on China was good for a glorious, one-day rally last Wednesday. But, the next two sessions were divided — setting the stage for what could be more volatility this week as investors try to keep up with an ever-evolving tariff picture as well

Mint Images | Mint Images Rf | Getty Images Electricity grid demands are on the rise in part due to energy-hungry technology like AI, and while experts believe renewable energy alone is not enough, it is essential to a broader supply equation. But with funding freezes, subsidy walk backs and tariffs on key components all

The states with the cheapest 30-year new purchase mortgage rates Thursday were New York, California, New Jersey, Virginia, Florida, Indiana, Pennsylvania, Michigan, Montana, and Texas. The ten states registered averages between 6.89% and 7.04%. Meanwhile, the states with the highest Thursday rates were West Virginia, Alaska, Maine, Wyoming, Nebraska, Rhode Island, South Carolina, and Washington,

The markets received good news when it was announced that President Donald Trump would pause reciprocal tariffs on most countries for 90 days and is opting to implement a base 10% tariff on most goods. Automakers, however, didn’t catch a break as the pause didn’t extend to the 25% duty on vehicle imports. Worse yet,

Jordan Moon (left) and Macaulay Beasley (right) use OneCourt tablets at the Phoenix Suns vs. Minnesota Timberwolves game in Phoenix on March 2. Courtesy: Phoenix Suns During a break at the March 2 game between the NBA’s Phoenix Suns and Minnesota Timberwolves, a player made a half-court shot that had the crowd buzzing at PHX

Key Takeaways Several large financial firms are set to report earnings this week, including Goldman Sachs, Bank of America, and Citigroup. Investors are also expecting quarterly results from Netflix, TSMC, United Airlines, and UnitedHealth Group, among others. The week is set to bring updates on housing starts, retail sales, and homebuilder confidence. More big banks