Reported 3 months ago
Source: WSJ
Reported 3 months ago
Source: WSJ
Reported 3 months ago
HELOC and home equity loan rates are influenced by macroeconomic factors, such as Federal Reserve monetary policy, and personal financial profiles of borrowers, including credit scores and debt-to-income ratios. Rates are typically based on a benchmark interest rate plus a margin set by lenders. HELOCs have variable rates while home equity loans feature fixed rates, and both require careful evaluation of economic conditions and borrower details to determine their exact rates.
Source: YAHOO
Reported 3 months ago
The Federal Trade Commission (FTC) has decided to drop its long-standing challenge to Microsoft's $69 billion acquisition of Activision Blizzard, citing public interest as the reason. Initially launched in 2022, the legal battle faced multiple hurdles, including a failed preliminary injunction to block the deal. The 9th Circuit Court of Appeals recently upheld a ruling that dismissed the FTC's concerns about competition, allowing Microsoft to integrate Activision Blizzard's popular titles into its Xbox Game Pass service, marking a significant shift in the gaming industry.
Source: YAHOO
Reported 3 months ago
Source: YAHOO
Reported 3 months ago
Solar stocks are facing significant losses as the House approved a tax-and-spending bill that threatens to eliminate key investment tax credits much earlier than anticipated. Major companies like SolarEdge, Sunrun, and Enphase Energy have seen their stocks decline sharply in reaction to these developments, raising concerns about potential disruptions and layoffs in the clean energy sector. While analysts believe the bill may not pass in its current form in the Senate, the uncertainty has rattled investors, particularly in light of the pressures from the Trump administration favoring fossil fuels over green energy initiatives.
Source: YAHOO
Reported 3 months ago
Weddings and home purchases often intertwine, with many soon-to-be homeowners relying on cash gifts from family for down payments. This article discusses the importance of a gift letter which validates that the funds are indeed a gift and not a loan. Roland Washington from Wells Fargo explains what should be included in such a letter, the different requirements based on loan types, and the significance of timing when it comes to deposits. Understanding these rules can help streamline the home loan process.
Source: YAHOO
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
Palantir Technologies Inc. has secured a significant $795 million contract from the US Army to enhance the Maven Smart System software licenses, highlighting the company's growing involvement in defense AI initiatives. This contract comes on the heels of another $178 million contract for AI-enabled systems in the first quarter. Palantir's stock has surged 60% this year, showcasing investor confidence in its prospects, especially as the company recorded notable growth in Q1 2025 with revenues jumping 39% year-over-year.
Source: YAHOO
Reported 3 months ago
U.S. President Donald Trump's proposed 50% tariff on EU goods, effective June 1, poses significant risks to European exports. In 2024, the U.S. was the EU's largest export market, with medicinal products, vehicles, and aircraft leading the categories. Major EU exporters, including Germany, Ireland, and Italy, could be severely impacted, especially in sectors like pharmaceuticals, auto manufacturing, and luxury goods. The uncertainty surrounding trade policies could undermine financial projections for numerous European companies.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Nuclear power stocks and TurboTax have both reached record highs, highlighting significant market movements and investor interest in these sectors.
Source: INVESTORS
Reported 3 months ago
Douglas Elliman Inc. (DOUG) is facing legal issues stemming from investigations involving former agents, yet has received a takeover bid from Anywhere Real Estate Inc. that could potentially double its stock price. The bid values the company at over $4 per share. Despite internal challenges, including criminal charges against past brokers and leadership changes, the firm remains a leading player in the real estate market. Following the acquisition news, DOUG's stock surged over 37%.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
New home sales in the U.S. unexpectedly soared by nearly 11% in April, highlighting resilience among buyers despite high mortgage rates. Broker Kristopher Tramont discusses market trends, including the strategies builders are using to attract buyers, particularly in the Sun Belt states. He also shares advice for those considering sight unseen purchases, emphasizing the importance of thorough representation and transparency, using video for remote transactions, and ensuring appropriate legal protections.
Source: YAHOO
Reported 3 months ago
Despite Tim Cook's attempts to maintain a cordial relationship with President Trump, including significant investments and friendly communications, Apple is still facing potential tariffs on iPhones due to Trump's focus on U.S. manufacturing. The threat of a 25% tariff poses challenges for Apple, which relies heavily on overseas production. While Cook may attempt to negotiate or adapt, the unique vulnerabilities of Apple compared to other tech giants make it a prime target in Trump's trade agenda.
Source: YAHOO
Reported 3 months ago
Harvard University successfully obtained a temporary court order preventing the Trump administration from enforcing a ban on international students, a decision that has significant implications for higher education in the U.S. U.S. District Judge Allison Burroughs ruled that the ban, imposed just hours before Harvard filed its lawsuit, would cause "immediate and irreparable injury" to the university. This ruling allows Harvard to continue enrolling foreign students, who make up approximately a quarter of its student body, while the court considers Harvard's challenge to the government's actions.
Source: YAHOO
Reported 3 months ago
President Trump's proposed tax and spending bill could lead to significant changes in the Affordable Care Act, potentially displacing millions of Americans from health coverage. If the bill passes, individuals may no longer be automatically re-enrolled in their plans and must verify their income and residence each year. Furthermore, the proposed elimination of subsidy caps could result in higher unexpected tax liabilities for many, particularly for those with fluctuating incomes. Critics argue that these measures may inadvertently penalize innocent participants while targeting fraud.
Source: YAHOO