Despite mortgage rates falling for the fourth consecutive week, there seems to be minimal impact on both current homeowners and potential homebuyers. The Mortgage Bankers Association reported only a slight 0.5% increase in mortgage application volume from the previous week. This lackluster response indicates that the decrease in mortgage rates may not be as enticing
0 Comments
After the market’s tumultuous sell-off in early August, pharmaceutical firm Eli Lilly emerged as a standout performer. With shares up nearly 19% in August alone and a significant 64% increase in 2024, the company’s trajectory is impressive. Notably, Eli Lilly hit a fresh 52-week high of $972.53 on August 22nd. Analysts are bullish on the
0 Comments
The recent imposition of Canadian trade tariffs on China has sent shockwaves through the Asian currency markets. Most Asian currencies weakened as investors grew increasingly concerned about the prospect of a full-blown trade war. The Japanese yen saw a rally, albeit limited, as safe-haven demand for the greenback also picked up due to geopolitical tensions
0 Comments
Bitcoin’s price took a hit on Tuesday after a weekend rally, primarily due to concerns surrounding escalating geopolitical tensions worldwide. The world’s largest cryptocurrency experienced a 1.4% decrease, dropping to $3,106.6 by 01:10 ET (05:10 GMT). This decline mirrored losses in stock markets, where risk sentiment was dampened by a multitude of geopolitical risks. The
0 Comments
Fans of the Dallas Mavericks and New Orleans Pelicans are eagerly awaiting news on how they will be able to watch local games in the upcoming National Basketball Association season. Both teams are making a significant change by moving away from their regional sports networks owned by Diamond Sports, as outlined in a recent bankruptcy
0 Comments