4 mn read For the first time in 11 months, home builders sentiment has turned positive, indicating renewed confidence in the recovery of the housing sector. The index is seen as an indicator of current and future supply and demand for housing.
4 mn read The Dow Jones Industrial Average ended lower on Tuesday, closing 100 points down due to investors cashing out of tech stocks after recent highs. Closing at 34,301, the Dow dropped a total of 0.3%.
4 mn read Oil prices rose on Tuesday, with July West Texas Intermediate (WTI) crude surging 1.6%, settling at $71.78 per barrel on the New York Mercantile Exchange (Nymex). Profit taking and firm fundamentals drove the rally in oil markets.
4 mn read Crude oil prices rose last week due to concerns some of the US states could rollback on reopening plans. Front-month WTI oil futures added 2.3% in the week, driven by optimism over global demand.
5 mn read Tired of paying for all those extra fees? “The White House is tackling the junk fees that can add unexpected costs to household expenses. From airline fees to seller fees, could this be the turn of the tide?
4 mn read The Nasdaq Composite index has recorded its longest weekly winning streak in more than 4 years: 8 straight weeks of gains! A welcoming sight for tech investors, and a sign of a healthy and expanding stock market.
5 mn read As the Beatles come to life in the form of AI-generated music, musicians ponder the implications: “Would Lennon, with his long-held belief that music is best left to a human hand, be pleased?
5 mn read Retirement is a big goal, and what it takes to make it happen can be derailed by a poverty mindset. Learn how to break the cycle and make the most of your retirement planning.
3 mn read U.S. stocks ended the week mixed, with Friday’s retreating slightly from Thursday’s record closing highs. The S&P 500 still booked a 0.6% weekly gain, while the tech-heavy Nasdaq Composite added 0.8%. Trading was choppy as investors digested the latest economic data.
4 mn read For years, investors were hesitant to dive into the world of crypto. But 2018 marked a turning point for the industry, after BlackRock CEO Larry Fink declared that his clients had “zero interest” in cryptocurrency. Now, nearly two years later, the crypto investment landscape has entirely transformed.
