Wall Street’s “Barbarians at the Gate” are slowing down after nearly 25 years of beating the stock market. Earlier this month, investment firm Hamilton Lane issued a report showing that the MSCI World Index, a leading stock market indicator, beat out private equity returns for the first time since the dot-com bubble burst in 2000….
Today’s mortgage rates have increased. According to Zillow, the 30-year fixed mortgage rate is up four basis points to 6.51%, and the 15-year fixed interest rate has risen by three basis points to 5.89%. No one has a crystal ball to see what mortgage rates will do for the rest of 2025 — but it…
For Fed rate watchers, it’s halftime. Nothing’s happening; we might as well get some popcorn. Another pause in interest rate moves was announced on March 19. The low end of the target federal funds rate has been at 4.25% since before Christmas. Washington and the world are waiting to see what happens next to the…
The Federal Reserve isn’t expected to announce any changes to its key interest rate Wednesday, a sign of caution amid significant economic uncertainty.These borrowing costs have wide ripple effects across the economy, influencing mortgages, car loans and credit cards. The Fed previously raised its benchmark rate in a rapid series of hikes to fight pandemic-era…
The (FOMC) is in the midst of its second meeting of 2025. Each time the committee meets, it could mean a change to the federal funds rate — which not only impacts financial institutions, but your bottom line, too. In its January meeting, the Federal Reserve decided to hold rates steady after implementing three interest…
Global stock markets started the week on the front foot on Monday as investors welcomed China’s plans to kickstart consumption in the world’s number two economy, with upcoming central bank rate decisions also in focus. Relief about a US government shutdown being avoided helped counterbalance disappointing US economic data. Investors were keeping tabs on Beijing…
Money market accounts (MMAs) can be a great place to store your cash if you’re looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs typically offer better returns, and they may also provide check-writing privileges and debit card access. This makes these accounts ideal for holding long-term…
(Reuters) – U.S. stock index futures were largely flat on Friday after declining in the previous session when investors fretted over President Donald Trump’s tariff threats and the Federal Reserve’s interest rate outlook. All three indexes clocked declines in the last session also after a downbeat forecast from retail giant Walmart. Walmart edged 0.4% higher…
The removal of property curbs a year ago has failed to support home prices, as the market value of private residential properties in Hong Kong was down by HK$480 billion (US$61.7 billion) since February 2024, Centaline Property said on Thursday. The withdrawn measures included the Buyer’s Stamp Duty that targeted non-permanent residents and a New…
Global stock markets held largely steady on Tuesday as top US and Russian diplomats held their first high-level discussions since Russia invaded Ukraine. The talks, which excluded Europe and Ukraine, ended with Moscow and Washington agreeing to appoint teams to negotiate an end to the Ukraine war. “Donald Trump continues to be the dominant force…