Tag: adventure

Asian share markets cautiously optimistic, while dollar under pressure after weak U.S. retail sales raise expectations of rate cuts and geopolitical tensions remain in focus.

Published on: February 17, 2025, 01:00 AM UTC

HSBC investors support management's decision to downsize investment bank operations in favor of focusing on core Asian markets amid trade uncertainties and political challenges.

Published on: February 17, 2025, 12:00 AM UTC

Westpac, Australia's third-biggest lender, posted a 13% rise in first-quarter net profit to A$1.7 billion on the back of growth in customer deposits and housing and business loan volumes.

Published on: February 16, 2025, 09:00 PM UTC

Big tech stocks have long enjoyed high valuations, but the Trump trade war is adding new risks that could impact earnings and stock prices.

Published on: February 16, 2025, 02:00 PM UTC

Mortgage rates remain steady; 30-year fixed at 6.53%, 15-year fixed at 5.87%. Consider home prices and potential impact of tariffs on building materials before buying. Find current mortgage rates, refinance rates, and tips on getting a low rate and choosing a lender.

Published on: February 16, 2025, 12:00 PM UTC

Truth Social, the social media company founded by former US President Donald Trump, reports a $400.9 million loss in 2022, with revenue declining by 12%.

Published on: February 15, 2025, 06:00 PM UTC

Big companies are moving out of the state of Delaware due to frustrations with the Chancery Court. In recent years, companies like Tesla, Dropbox, and Meta have moved their incorporations to other states, citing concerns over fairness and predictability in the Delaware court system.

Published on: February 15, 2025, 05:00 PM UTC

Uber sues DoorDash, alleging anti-competitive practices that drive up costs for restaurants and customers.

Published on: February 15, 2025, 04:00 PM UTC

Government-backed home loans are increasingly falling behind on payments, potentially signaling financial struggles for lower-income Americans. Delinquency rates on FHA and VA loans have surpassed pre-pandemic levels, highlighting the economic pressures faced by these borrowers amidst high home prices, inflation, and rising interest rates. Despite gradual increases in conventional mortgage delinquencies, they remain below pre-pandemic lows. Experts anticipate a potential rise in delinquencies outside the FHA sector, reflecting the vulnerability of lower-income households. Higher-income consumers are also facing the impact of inflation, with growing delinquencies observed in this group. However, current delinquency rates remain lower than during the 2008 financial crisis and the pandemic lockdowns, suggesting a stronger overall financial position among homeowners.

Published on: February 15, 2025, 02:00 PM UTC

Investors should be wary of a complacent market and emerging risks, such as a trade war, government spending deficit, and China's real estate crisis. Despite near-record S&P 500 levels, the "wall of worry" includes potential triggers like bond yield spikes, valuations concerns, and technical sell signals.

Published on: February 15, 2025, 03:00 AM UTC