Markets took a hit on Thursday, with tech and crypto leading the way down. Investors got nervous after some big companies reported earnings that weren't as exciting as hoped. Plus, news about job cuts made people worry about the economy. Tech stocks, especially those linked to AI, saw big drops. Robinhood fell nearly 10%, even though it did better than expected last...
Stocks are taking a pause today. The tech world is feeling a bit shaky after Qualcomm's shares dropped. This is making investors nervous about how high tech stock prices have climbed. Meanwhile, the economy is sending mixed messages, which isn't helping anyone make up their minds. Qualcomm isn't having the best day. Their shares fell by 2. 8%. Why? They warned that ...
U. S. companies, especially the bigger ones, are borrowing more money. This is the biggest increase in loan demand in about three years. However, banks are still being careful about who they lend to. The Federal Reserve's latest survey shows that while large and mid-sized firms are asking for more loans, small businesses are not doing the same. Banks are making it h...
Investors in the U. S. took a step back from big moves last week. They put less money into stock funds as they waited for the Federal Reserve's decision on interest rates and big tech companies' earnings reports. This cautious approach led to a significant drop in investments compared to the previous week. Instead of pouring in billions, they only added $1. 81 billi...
The Federal Reserve decided to lower its interest rate this week, but mortgage rates didn't follow suit. Instead, they went up. The average rate for a 30-year fixed mortgage increased by 20 basis points after the Fed's announcement and Chairman Jerome Powell's press conference, according to Mortgage News Daily. This isn't the first time this has happened. The bond m...
Car loans are becoming a big problem for many people in the U. S. Right now, Americans owe a huge amount of money on their cars. In fact, it's the second-largest type of debt after home loans. What's more, a lot of people are struggling to keep up with their monthly payments. Nearly one in five borrowers are paying at least $1, 000 each month, which is a big jump fro...
The Federal Reserve is likely to lower interest rates this week, despite a lack of recent data. This is because the government shutdown has delayed key reports on jobs and inflation. Without this data, the Fed is making big decisions based on incomplete information. The Fed has hinted at rate cuts in October and December. But if job numbers suddenly improve, these c...
The US bond market is having a great time in 2025. Prices are up, and yields are down. This is mostly because people think the economy is slowing down. When growth slows, bonds become more attractive. It's like when everyone wants to buy the same toy, and the price goes up. The Federal Reserve is expected to cut interest rates. This usually happens when the economy ...
The Federal Reserve is gearing up to make a big decision. They're expected to lower interest rates soon, but everyone's focused on what this means for the economy. The government shutdown has made things murky, and the Fed is trying to figure out how to navigate this mess. Back in September, things seemed a bit better. Jobs were still being created, and inflation wa...
The stock market, especially the S&P 500, has been doing really well. It's not just random luck. There are a few big reasons for this. First, the Federal Reserve might lower interest rates soon. When interest rates go down, it's easier for companies to borrow money. People also spend more when rates are low. This is good for stocks. Tech companies are also playing ...