Daily Trade

The 30-year fixed-rate mortgage averaged 4.99% as of August 4, according to data released by Freddie Mac on Thursday. That’s down 31 basis points from the previous week — one basis point is equal to one hundredth of a percentage point, or 1% of 1%. Rates have dipped below 5% for the first time since April. The

WASHINGTON — Two top lawyers who worked in the White House under former President Donald Trump have been subpoenaed to appear before a federal grand jury investigating the events leading up to the Jan. 6, 2021, attack on the Capitol, people familiar with the matter said, in the latest sign that the Justice Department’s probe is entering

Oil futures moved higher Wednesday as news reports said the Organization of the Petroleum Exporting Countries its allies will approve a small output increase that’s seen as largely symbolic. Price action West Texas Intermediate crude for September delivery CL.1, +0.13% CL00, +0.13% CLU22, +0.13% rose $1.57, or 1.7%, at $95.99 a barrel on the New

Advanced Micro Devices Inc. finally gave investors a direct look at its data-center business Tuesday, and Wall Street should be happy with the business that Lisa Su & Co. have rebuilt. In the first quarterly report from AMD AMD, +2.59% to include a long-desired breakdown of the server business, the chip maker reported $1.5 billion

Dear Quentin, I am a 65-year-old retired woman with modest Social Security and annuity payments. I also own my own home and have savings. I’ve been seeing a 68-year-old retiree since just before the pandemic. He lives with his 95-year-old dad, who is in poor health (he can’t get around much, doesn’t drive, and is

Arista Networks Inc. advanced in the extended session Monday after the networking company reported second-quarter results that topped Wall Street’s estimates. Shares of Arista Networks Inc. ANET, +0.84% rose about 5% after ending Monday’s session up 0.84%, to $117.61. The company reported second-quarter net income of $299.1 million, or 94 cents a share, compared with

When equities are under pressure, it is particularly important for investors to find stocks that are trading at a discount to their intrinsic value. This can be particularly difficult if you’re interested in finding small-cap growth stocks trading at a discount. The widely accepted definition of small-cap companies are those with a market capitalization of

Everything costs too much these days. The good news is, consumers can afford to scrimp on streaming in August. While almost every major streaming service has a blockbuster series on the way, in most cases they don’t have much else new. So August’s picks come down to which services offer the most bang for the

San Francisco-headquartered neo-banking firm SoFi Technologies (NASDAQ:SOFI) is one of today’s most interesting fintech firms. However, Mad Money host Jim Cramer can’t seem to find a catalyst to recommend SOFI stock to investors. There are actually notable events concerning SoFi, including the approval of a reverse share split and the possibility of a $1 billion stock

August is a month full of big-name titles for Disney+, including the streaming debut of “Lightyear” and highly anticipated new series from both the Marvel and “Star Wars” universes. The animated “Toy Story” prequel “Lightyear” (Aug. 3) drops first, hitting Disney+ a month and a half after its theatrical release in mid-June. The Pixar movie

The energy sector is broadly defined to comprise all companies that produce power. It is divided into non-renewable and renewable sources. Currently, that conversation gravitates around oil and prices at the pump. It is no secret that the price of a gallon of gas factors heavily into everyday conversation around inflation and recessionary concerns.  The

A “great slowdown” is happening in the U.S. housing market, a new report from Bank of America says, as mortgage originations shrink and spending on household items softens. Amid weak home sales numbers, builder confidence, and new construction, there’s a lot of chatter about whether the housing sector is in a recession. New data from

Like similar pandemic-era high-fliers, shares in Shopify (NYSE:SHOP) have seen a big price cut so far in 2022. Adjusting for its recent stock split, SHOP stock started off the year changing hands for around $136.31 per share. Today? It’s trading for around $35 per share. That’s a more than a 74% drop. Yes, over the

Dear Quentin, Several years ago, our father died and left a fully paid house to our mother because he knew she would be needing some financial support in her later years. Unfortunately, a few years ago our older brother tricked our mother into deeding the house to him. Our mother is almost 100 years old,

Miami-headquartered cruise operator Carnival (NYSE:CCL) recently received some positive news as the Centers for Disease Control and Prevention (CDC) has ended its Covid-19 Program for Cruise Ships. Don’t get too excited yet, though. CCL stock could still head lower as Carnival’s planning a massive share sale. Plus, an analyst is suggesting that the company’s share sale

Dear Quentin, My two co-workers and I go to lunch once a week. I offered to drive. We each pick the lunch place and sometimes drive about half an hour away to try something new. It’s an hour of driving most days. (Our work hours vary; as long as we get our work done, there

A robust summer travel season and improved international and business travel helped major U.S. airlines deliver profits in the second quarter. However, many carriers missed Wall Street’s earnings expectations as they battled sky-high fuel costs and operational challenges, mainly due to staffing issues. Airlines have raised ticket prices to mitigate the impact of higher costs.

Federal Reserve Chair Jerome Powell’s optimistic comments about the U.S. economy on Wednesday added to a debate among investors about whether stocks have reached a bear-market bottom. On the one hand, Thursday’s report on the health of the American economy, prompted an even more confusing discourse on where things actually stand when it comes to

It’s safe to say any buzz surrounding Vinco Ventures (NASDAQ:BBIG) has long since left the room. After falling to penny stock levels even before the recent bear market emerged, the market downturn has further soured sentiment for BBIG stock. In all, the stock has fallen by around 90% from its meme-era highs. To many, this

Dear Quentin, My boyfriend and I moved in together four months ago. We each have two children from a previous marriage. His kids are 14 and 10. My kids are 8 and 9. We have been together four years. I own a home, and he sold his house to buy a bigger home for all