Posts with tag: programming
30-year mortgage rates continue to hover around 6.87%, despite recent volatility in bond markets. While rates are slightly lower than the year-to-date high of 7.04%, they remain well above the sub-4% rates seen in recent years. Experts predict that rates will likely stay elevated due to inflation concerns and the Federal Reserve's reluctance to lower interest rates. Mortgage applications for home purchases remain depressed due to the higher rates.
Published on: February 13, 2025, 06:01 PM UTC
Zero-day call options, approved by the SEC post-2022, have gained popularity. However, experts raise concerns about asset managers exploiting retail investors with these risky products, questioning if the industry has become increasingly predatory.
Published on: February 13, 2025, 06:00 PM UTC
Despite the Consumer Financial Protection Bureau's work stoppage, the online consumer complaint portal remains operational. File reports to resolve issues with banks or credit reporting agencies.
Published on: February 13, 2025, 05:02 PM UTC
Stocks rise despite tariffs; inflation remains a concern
Published on: February 13, 2025, 05:02 PM UTC
Gold climbs towards another record as the dollar falls, with traders assessing America's push to end the Ukraine war and President Donald Trump's moves on trade.
Published on: February 13, 2025, 05:00 PM UTC
Defiance ETFs launches Battleshares TSLA vs F ETF, combining bullish bets on innovative companies with bearish ones on their traditional industry counterparts.
Published on: February 13, 2025, 04:03 PM UTC
Elon Musk offers to rescind his bid for OpenAI if the nonprofit halts its for-profit conversion. Musk co-founded the AI research company in 2015, but parted ways over disagreements on its direction. He is suing to prevent OpenAI's transformation into a for-profit entity, claiming it violates the terms of his initial donation.
Published on: February 13, 2025, 04:01 PM UTC
U.S. wholesale prices unexpectedly jump 0.4% in January, raising inflation concerns.
Published on: February 13, 2025, 02:06 PM UTC
Reddit's user growth falls short of expectations, leading to a decline in stock prices. The company is investing in advertising and AI to compete with rivals Meta Platforms and Google.
Published on: February 13, 2025, 02:06 PM UTC
U.S producer prices increased solidly in January, strengthening market views that the Federal Reserve would not be cutting interest rates before the second half of the year. The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December.
Published on: February 13, 2025, 02:01 PM UTC