Benchmark U.S. crude oil for November delivery rose $2.89 to $86.52 a barrel Tuesday. Brent crude for December delivery rose $2.94 to $91.80 a barrel. Wholesale gasoline for November delivery rose 17 cents to $2.68 a gallon. November heating oil rose 17 cents to $3.54 a gallon. November natural gas rose 37 cents to $6.84…
COVID-19’s Long Impact on the Housing Market
By Rae Hartley Beck From Bankrate.com The coronavirus pandemic has had profound impacts on the housing market. House flipping and residential real estate investing have risen drastically, with real estate analytics firm CoreLogic reporting that investors bought a record high 28 percent of all single-family homes in the first quarter of 2022. With the rise…
Investing in Retirement: The 4 Golden Rules
Retiring can feel like an overwhelming change in your life. If you’ve been planning for it properly, money is one thing you don’t have to worry about! However, if you’re nervous about managing your retirement account, know that there are strategies to ensure your retirement savings last. In this article, we’ll go through 4 rules…
Homeowners See Slower Equity Gains as Housing Market Cools
LOS ANGELES—Homeowner equity climbed to record highs in the first half of this year, though its rate of growth is slowing as the housing market cools. Average homeowner equity per borrower reached $298,380 in the second quarter, according to data from CoreLogic. That works out to $3.6 trillion in equity gained by U.S. homeowners with…
How Major US Stock Indexes Fared Monday (Oct. 3, 2022)
October 3, 2022
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Wall Street rallied to its best day since late July as falling bond yields eased some of the pressure that’s battered markets. The S&P 500 rose 2.6 percent Monday, the latest swing for a scattershot market that’s been mostly falling this year on worries about a possible global recession. Treasury yields fell after a report…
Closing Prices for Crude Oil, Gold and Other Commodities (Oct. 3)
October 3, 2022
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Benchmark U.S. crude oil for November delivery rose $4.14 to $83.63 a barrel Monday. Brent crude for December delivery rose $3.72 to $88.86 a barrel. Wholesale gasoline for November delivery rose 14 cents to $2.51 a gallon. November heating oil rose 15 cents to $3.37 a gallon. November natural gas fell 30 cents to $6.47…
Investing: Big Tech Is a Big Bargain Now
By James K. Glassman From Kiplinger’s Personal Finance It has been a rough year for the stock market but even more so for Mega Four tech stocks: Apple, Microsoft, Alphabet, and Amazon.com. Over the past five years, their share prices have more than tripled, and each has a market cap of more than a trillion…
Have the Markets Found a Bottom?
October 1, 2022
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While the fourth quarter has only just begun, the end of the year can’t come fast enough for Wall Street. The year 2022 has been disastrous for investors. The Dow Jones Industrial Average is down 22 percent, the S&P500 has fallen 25 percent, and the NASDAQ Composite has dropped a whopping 33 percent for the…
How Major US Stock Indexes Fared Friday Sept. 30, 2022
September 30, 2022
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Wall Street closed out a miserable September with a loss of 9.3 percent, the worst monthly decline since March 2020. The S&P 500 fell 1.5 percent Friday to its lowest level in almost two years. The benchmark index has lost ground for six of the last seven weeks and posted its third straight losing quarter….
Closing Prices for Crude Oil, Gold and Other Commodities (Sept. 30)
September 30, 2022
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Benchmark U.S. crude oil for November delivery fell $1.74 to $79.49 a barrel Friday. Brent crude for November delivery fell 53 cents to $87.96 a barrel. Wholesale gasoline for October delivery fell 4 cents to $2.47 a gallon. October heating oil fell 5 cents to $3.37 a gallon. November natural gas fell 11 cents to…
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