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JPMorgan"s profits rise 18 percent, helped by lower taxes

JPMorgan Chase says second-quarter profits rose by 18 percent from a year ago, as the bank continues to benefit from higher interest rates and a lower tax bill following last year's passage of President Donald Trump's tax law......»»

Category: topSource: foxnewsJul 13th, 2018

Treasury bill rates continue rise; highest level since 2008

Interest rates on short-term Treasury bills rose in Monday's auction, their climb keeping them at their highest levels in more than a decade......»»

Category: topSource: foxnewsAug 6th, 2018

JPMorgan 3Q profits rise 24 percent, helped by lower taxes

JPMorgan Chase & Co. says its third-quarter profits rose by 24 percent from a year ago, helped by a lower tax bill and higher interest rates......»»

Category: topSource: foxnewsOct 12th, 2018

NAR Chief Economist Predicts Falling Long-Term Interest Rates, Rising Existing-Home Sales in 2024

The National Association of REALTORS®’ Chief Economist Lawrence Yun forecasted that interest rates will fall in the long term, 2024 existing-home sales will rise to 4.46 million (up 9% from 4.09 million in 2023) and 2025.....»»

Category: realestateSource: rismediaMay 7th, 2024

Rocket Mortgage Impresses With $1.2 Billion Earned in Q1 2024

As the economy waivers recently—with mortgage rates back up above 7%, the most recent PCE report demonstrating a rise in inflation and no respite in the interest rates from the Fed yet—th.....»»

Category: realestateSource: rismediaMay 7th, 2024

Mortgage Interest Rates Today, April 16, 2024 | Rates Remain Elevated After Last Week"s Spike

These are today's mortgage and refinance rates. Rates are near 7%, but whether they'll rise.....»»

Category: worldSource: nytApr 16th, 2024

The average US home price could spike 20% to a record $500,000 if the Fed cuts interest rates too soon, expert says

Cutting interest rates could spark a homebuying frenzy that combines with rising housing costs to send home prices to record levels, Bill Pulte said. The median home price could surge by 20% to over $500,000 if the Fed cuts rates.....»»

Category: topSource: businessinsiderApr 15th, 2024

Market Snapshot: What happened in the stock market today? Tech sees worst day since March, Dow ekes out gain

Stocks end mostly lower Tuesday, but come sharply off their lows as investors sift through comments from U.S. Treasury Secretary Janet Yellen who said interest rates could rise a bit if the economy overheats......»»

Category: topSource: marketwatchMay 4th, 2021

Tech stocks plummet as Yellen says interest rates may need to rise

Tech stocks led losses with shares of Apple,Tesla, and Amazon sinking into the close following comments from.....»»

Category: personnelSource: nytMay 4th, 2021

Economic Report: ‘Potential buyers will face new challenges’: Home prices rise at breakneck pace, but some economists say it may not last

In Phoenix, Ariz., home prices have skyrocketed nearly 16% over the past year --- complicating attempts by house hunters to find a home amid rising interest rates......»»

Category: topSource: marketwatchMar 30th, 2021

A broad sell-off in the stock market looks less likely as rolling corrections hit tech and energy, according to Fundstrat

Four structural factors are driving a change in leadership within the stock market this year, including a rise in interest rates, Fundstrat said. Getty Images / Bryan R. Smi.....»»

Category: smallbizSource: nytMar 28th, 2021

Snap and Pinterest slide as Bank of America downgrades the social media companies on "positioning around reopening"

Snap and Pinterest fell after Bank of America downgraded the social media companies to neutral, citing valuation concerns as interest rates rise. Snapchat Snap and Pinterest lost ground Monday after Bank of America downgraded their rati.....»»

Category: topSource: businessinsiderMar 22nd, 2021

Market Snapshot: Tech stocks poised to rise as yields pull back but equities set for mixed open Monday

U.S. stock-index futures on Monday indicate a mixed start for the week, following losses for all three major benchmarks last week as investors weigh brightening economic prospects against worries that interest rates will climb sooner than anticipated......»»

Category: topSource: marketwatchMar 22nd, 2021

Personal Finance Daily: The Fed plans to keep interest rates low — here’s why mortgage rates could rise anyway and Sanders to CEOs: Pay workers more or pay the government more

Wednesday’s top personal finance stories.....»»

Category: topSource: marketwatchMar 17th, 2021

Bond Report: 30-year Treasury yield climbs to Nov. 2019 high to end turbulent week as reflation bets heat up

U.S. Treasury yields are on the rise again on Friday, weighing on sentiment in some corners of U.S. and European equity markets, amid worries a strong recovery could push the Federal Reserve to lift interest rates earlier than it has signaled......»»

Category: topSource: marketwatchMar 12th, 2021

30-year mortgage rates hit highest since July, refis cool

A rise in interest rates has put a dent in consumers' desire for mortgage applications, but interest in home purchasing remains high as the spring selling season approaches......»»

Category: topSource: foxnewsMar 10th, 2021

The Ratings Game: GE stock jumps to a 3-year high after UBS analyst gets a little more bullish

Shares of General Electric Co. ran up to a near three-year high Wedneday, after UBS analyst Markus Mittermaier said rising interest rates and the COVID-relief bill are reasons to get a little more bullish on the industrial conglomerate......»»

Category: topSource: marketwatchMar 4th, 2021

Market Extra: Cathie Wood’s highflying ARK ETF just entered a bear market — a sign of the times?

ARK Investment, one of the fastest-growing fund managers in 2020, just saw its flagship company enter a bear market, highlighting a brisk selloff in growthy, technology-related stocks amid a persistent rise in interest rates......»»

Category: topSource: marketwatchMar 3rd, 2021

In Democrats’ progressive paradise, borrowing is free, spending pays for itself, and interest rates never rise

With their plans for trillions in stimulus relief packages, and push for a $15-an-hour minimum wage, Democrats are dismissing concerns about the rising national debt and inflationary pressures......»»

Category: topSource: washpostMar 3rd, 2021

Dow skids 560 points to mark worst day in a month as surge in interest rates unsettles Wall Street bulls

U.S. stock benchmarks on Thursday booked their worst selloff in weeks as a steady rise in gover.....»»

Category: topSource: marketwatchFeb 25th, 2021