Source: CNBC — Wholesale prices rose at a brisk pace in May as inflation pressures mounted on the U.S. economy, the Bureau of Labor Statistics reported Tuesday. The producer price index, a measure of the prices paid to producers of goods and services, rose 0.8%...
Source: Market Watch — The U.S. stock market is experiencing a liquidation panic where everything is getting sold. The good news is such panics usually don’t last long. Analysis from Rob Hanna of Quantifiable Edges suggests a rare Inverse Zweig Breadth Thrust...
Source: Keeping Current Matters — If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to...
Source: Bankrate — Several benchmark mortgage refi rates floated higher today, June 14th, according to data compiled by Bankrate. 30-year fixed refinance rate: 5.89%, +0.38 vs. a week ago 15-year fixed refinance rate: 5.05%, +0.34 vs. a week ago 10-year fixed...
Source: CNBC — Crypto has had a brutal first half of 2022, but few days have been this bad for the industry that’s built itself up around digital currencies. On Monday, trading platforms halted withdrawals, companies cut jobs, and panicked investors dumped...