Recent data from the National Association of Realtors (NAR) has revealed a promising rise in previously owned home sales, marking a 4.8% increase in November compared to October. This brings the annualized rate of sales to 4.15 million units, representing a remarkable 6.1% increase from the same month a year ago. The latest figures signal
In an investing landscape characterized by fluctuating interest rates and a recovering economy, dividend stocks have emerged as appealing candidates for both growth and income. For investors keen on enhancing their portfolios, a strategic combination of growth and dividend stocks offers the potential for solid returns through both capital appreciation and annual income. This is
As the holiday season approaches, concerns grow over a potential government shutdown that could disrupt travel plans for millions of Americans. The failure of lawmakers to reach an agreement culminated in the rejection of a short-term funding bill supported by President-elect Donald Trump. If a resolution is not reached by 12:01 a.m. ET this Saturday,
On a significant day for financial markets, the Federal Reserve conducted its third consecutive interest rate cut, reducing its key overnight borrowing rate by 25 basis points. This adjustment brings the target range to 4.25% to 4.5%, matching levels from December 2022, a period marked by rising rates. While anticipated by investors, the critical focus
Oracle Corporation faced a notable decline in its stock price during extended trading on Monday, with shares dropping by 7%. This downturn followed the company’s fiscal second-quarter earnings release, which revealed disappointing results that did not align with analysts’ expectations. Despite the company’s significant milestones, such as a year-over-year sales growth of 9%, investors reacted
As the political landscape heats up in anticipation of looming government shutdowns, discussions surrounding important legislative measures like the Social Security Fairness Act have come to the forefront. This proposed law seeks to address long-standing inequities in the Social Security system, specifically impacting public workers. However, with bipartisan enthusiasm also come concerns about the potential
On a turbulent Thursday, Micron Technology experienced a staggering 16% plunge in its shares, marking one of the most significant declines since the onset of the COVID-19 pandemic in March 2020. The company’s stock fell to approximately $86.78 in early afternoon trading, which translates to a dramatic decrease of about 45% from its peak reached
On Wednesday, Wall Street experienced a significant shock after the Federal Reserve announced its decision to limit rate cuts moving forward. The CBOE Volatility Index, commonly referred to as the VIX, experienced a dramatic surge of 74%, raising its closing value to 27.62. It’s worth noting that this spike marks one of the most substantial
Nvidia’s stock faced a significant downturn on Monday, marking its official entry into correction territory despite a buoyant performance by the broader Nasdaq Composite, which reached record highs. This decline is particularly noteworthy given that Nvidia’s shares had surged by an impressive 166% throughout the year—a testament to the sustained excitement surrounding advancements in artificial
As the political landscape shifts with the election of Donald Trump, discussions surrounding tariffs have intensified, raising concerns about their potential ramifications on various industries, particularly automotive manufacturing. The prospect of increased tariffs on imports, especially from China, Mexico, and Canada, poses significant implications for vehicle pricing and availability in the United States. Tariffs serve