Home builder confidence just dropped for the first time in 2023 as spike in mortgage rates further dents affordability

The National Association of Home Builders/Wells Fargo Housing Market Index slid to 50 in August from 56 in July. The dip from July’s 13-month high marked the first decline of 2023. Meanwhile, Bankrate data shows the typical 30-year fixed mortgage rate hit 7.53%, as of Monday. Loading Something is loading. Thanks for signing up! Access… Continue reading Home builder confidence just dropped for the first time in 2023 as spike in mortgage rates further dents affordability

Cigna Launching Health Tracking Via Fitness Devices

Cigna Healthcare plans to launch a new feature on its MyCigna benefits platform next year that allows users to track their mental, physical and social health progress by connecting to compatible fitness devices. The company, the health benefits division of Cigna Group, said it is linking with artificial intelligence-based technology provider Virgin Pulse to provide the… Continue reading Cigna Launching Health Tracking Via Fitness Devices

Stock Market Today: A Mega-Cap Tech Stock Added $72 Billion in Value on Monday

With little in the way of corporate earnings or economic news to guide them, stocks kicked off the trading week initially searching for direction. A fresh batch of worries out of China’s fixed income and real estate markets weighed on the major indexes early Monday, but strength in key tech stocks – and one mega-cap… Continue reading Stock Market Today: A Mega-Cap Tech Stock Added $72 Billion in Value on Monday

EU Split On Fiscal Policy After Over-Borrowing in Pandemic: Kiplinger Economic Forecasts

To help you understand what is going on in the economies of Europe, the fiscal discussions of the European Union and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You’ll… Continue reading EU Split On Fiscal Policy After Over-Borrowing in Pandemic: Kiplinger Economic Forecasts

New to Investing? Here Are Some Tips Before Getting Started

In the spirit of National Financial Awareness Day (Aug. 14) and broadly helping to contribute to improved financial knowledge, this article will address different investing strategies. If you haven’t already done so this year, this day serves as a good calendar reminder to take a look at your financial practices. If you’re new to investing,… Continue reading New to Investing? Here Are Some Tips Before Getting Started

What Is Day Trading?

For astute investors seeking to explore new avenues in the financial markets, day trading presents an intriguing opportunity.  Unlike the traditional “buy and hold” investment approach, day trading involves the buying and selling of securities within the same trading day, capitalizing on short-term price fluctuations.  In this article, we’ll take a closer look at day… Continue reading What Is Day Trading?

Warren Buffett’s Berkshire Hathaway bet on 3 homebuilders – and sold or slashed a bunch of its stocks last quarter

Warren Buffett’s Berkshire Hathaway added a trio of homebuilders to its portfolio last quarter. The investor’s company exited three stocks and slashed several other positions, SEC filings show. Berkshire also boosted its Capital One and Occidental Petroleum stakes last quarter. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading Warren Buffett’s Berkshire Hathaway bet on 3 homebuilders – and sold or slashed a bunch of its stocks last quarter

US stocks rise as investors try to shake off August slump ahead of retail data

Phil Rosen NYSE US stocks ended higher as traders try to reinvigorate a rally that’s stalled in August. The Nasdaq Composite was up over 1% after coming off back-to-back losing weeks for the first time in 2023. Investors will be watching retail sales data from July to publish Tuesday, as well as key earnings results… Continue reading US stocks rise as investors try to shake off August slump ahead of retail data