Freddie Mac data shows 30-year fixed mortgage rates climbed for a second week, remaining below last year’s levels. US 30-year fixed mortgage rates averaged 6.53% for the week ending May 28, up from 6.51% the prior week. The increase marks the second consecutive weekly gain
Crude oil inventories in the United States decreased by 3.3 million barrels during the week ending May 22, according to new data from the U.S. Energy Information Administration (EIA) released on Thursday The decrease brings commercial stockpiles to 441.7 million bar
Best Buy reports 2% rise in comparable sales Best Buy's Q1 revenue reached $8.9 billion, with adjusted EPS up 11% to $1.28. The company's results topped its earlier outlook, driven by strength in gaming, computing, and mobile. The company's domestic Marketplace GMV
Key Points - Autohome reported Q1 revenue of RMB 1.05 billion and said it is transforming from an auto media company into a broader automotive services ecosystem, with growth efforts spanning content, transactions, AI, used cars and overseas markets. - The company said mobile...<
Key Points - ATS reported fiscal 2026 revenue and adjusted earnings from operations up about 11%, but fourth-quarter bookings fell 18% year over year as the prior period included several large enterprise orders. - The company is undertaking a major restructuring of its...
KKR (KKR) Co-CEO Scott Nuttall described the alternative asset manager's exposure to private credit and its relationship with business development company FS KKR (FSK) at an industry conference this week. About $300B of KKR's roughly $750B in assets is in Newsletters for E
The average long-term U.S. mortgage rate rose again this week, reaching its highest level in nine months, another setback for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate rose to 6.53% from 6.51% last week, mortgage buyer Freddie Mac said Thursday
The average long-term U.S. mortgage rate rose again this week, reaching its highest level in nine months, another setback for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate rose to 6.53% from 6.51% last week, mortgage buyer Freddie Mac said Thursday
The bank maintains long-term price targets citing Ethereum’s dominance in stablecoins and tokenized assets despite recent underperformance. Standard Chartered reaffirmed its $4,000 and $40,000 price targets for Ethereum, citing a disconnect between its current valuation an
Schwab U.S. Dividend Equity ETF yields 3.3% with 20% year-to-date returns, surpassing broader market performance. Schwab U.S. Dividend Equity ETF (SCHD) has grown to $71.6 billion in assets, delivering a 20% year-to-date price return alongside a 3.3% yield. The fund’s perf