A growing number of Londoners are opting for novel means of buying and selling their properties, with WhatsApp emerging as a new home for luxury listings. Bloomberg | Bloomberg | Getty Images LONDON — In trying times for the U.K. real estate market, a growing number of Londoners are optingContinue Reading
Listen to article (2 minutes) With volatility comes opportunity. And what volatility! Thursday saw the biggest intraday gain in the S&P 500 since the wild swings as stocks were approaching their lows in March 2020. On Friday much of the rise was given back. Could the opportunity be that—whisper it—the swingsContinue Reading
According to Homebuyer.com, Iowa is the cheapest state to buy a house in right now. The Good Brigade | Digitalvision | Getty Images With mortgage rates rising, more people may be asking themselves the age old question: rent or buy? These decisions are particularly pertinent amid bubble-like housing prices, makingContinue Reading
(Bloomberg) — US Treasury yields surged on Monday, with poor demand for a two-year note auction triggering renewed selling that propelled key benchmarks higher by more than 20 basis points — and sent the 10-year rate up by the most since the March 2020 Covid crash. Most Read from BloombergContinue Reading
(Bloomberg) — Another Chinese firm is baffling investors with massive gains on its first day of trading in the US, following on from stellar debuts for AMTD Digital Inc. and Magic Empire Global Ltd. Most Read from Bloomberg Addentax Group Corp. soared as much as 13,031% on Wednesday in itsContinue Reading
Russia’s Gazprom saw its shares surge on Wednesday after reporting bumper first-half profits and announcing a new dividend to shareholders. Stoyan Vassev | Press service of Gazprom Neft | via Reuters Russian gas giant Gazprom posted a record first-half profit and promised new dividends to shareholders, sending its shares soaringContinue Reading
(Bloomberg) — The cooler-than-expected US inflation reading for July is a positive sign that has buoyed risk assets, but some investors may be getting a little ahead of themselves, according to analysts. Most Read from Bloomberg The rally that sent the S&P 500 to a three-month high and the NasdaqContinue Reading
After dropping at the end of July, mortgage rates moved higher on average again last week, but the daily moves were volatile. Mortgage demand was split, with gains in refinancing but declines in applications from homebuyers, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rateContinue Reading
(Bloomberg) — Even after a retail frenzy that saw GameStop Corp. become the hottest stock in the world and a dog-themed joke cryptocurrency gain billions in value, the whirlwind trading in an obscure Hong Kong financial business stands out as spectacular. Most Read from Bloomberg The rapid rise of AMTDContinue Reading
FuelCell Energy (NASDAQ: FCEL) along with other stocks in the industrial sector was sold off recently following the news that the US senate would not sponsor a package that would introduce new spending to tackle climate change. Since then, the stock is currently up 2.34%, so some investors have wonderedContinue Reading