Data from the Mortgage Bankers Association show negative developments surrounding mortgages. The housing market continues to sour. An index of mortgage loan applications volume slumped a seasonally-adjusted 6.3% last week from a week earlier, according Read more…
AUDUSD is resting on the 0.7531-0.7555 support band that includes the mid-Bollinger band after retreating from its nine-and-a-half-month high of 0.7661. The advancing simple moving averages (SMAs) are endorsing the uptrend that began at the Read more…
Tax Tip of the Day: Federal tax credits can be a big help if you’re looking for ways to reduce your taxes or maximize your tax refund. A number of federal tax credits exist to Read more…
Apple’s 33rd annual Worldwide Developers Conference will take place in June. It’s the most wonderful time of the year–for Apple (AAPL) – Get Apple Inc. Report enthusiasts. The computer giant’s 33rd annual Worldwide Developers Conference is scheduled Read more…
Biding your time may yield a good buying opportunity Real Money Columnist Stephen ‘Sarge’ Guilfoyle argues. A top athletic apparel and equipment maker had reasonable financial results, but has seen its shares slump this year Read more…
The U.S. House of Representatives passed the More Act last week; the Senate debate is set is next. Having navigated a bumpy road over the past few years, marijuana legalization at the federal level is Read more…
Philadelphia Fed President Patrick Harker “inflation is running far too high, and I am acutely concerned about this… “The bottom line is that generous fiscal policies, supply chain disruptions, and accommodative monetary policy have pushed Read more…
The euro is flat on Wednesday, putting the brakes on a nasty four-day slide. EUR/USD dipped below the 1.09 line in the Asian session before recovering. ECB’s Panetta warns about stagflation Inflation has been skyrocketing Read more…
Analog Devices says it’s capitalizing on the strong growth of electrification, digitization, automation, and connectivity. The Action Alerts Plus team offered comments Wednesday about several stocks that were recipients of good news–much of it indirect.. Read more…
The euro is having a tough time as it remains heavily dependent on the risky Ukrainian war factor. Prospects for an economic recession are growing larger, but with inflation soaring at the same time, the Read more…