Gold prices have been rising over the last couple of weeks and this week posted a new record high of $2,471 an ounce on the futures market. During Tuesday’s trading, spot gold rose 1.8% to nearly $2,466 an ounce. Gold prices have accelerated because traders have become increasingly convinced...

Price of gold hits new record high

Applications to refinance a home loan jumped 15% last week compared with the previous week. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.87% from 7.00%. Applications for a mortgage to purchase a home fell 3% for the week and...

Mortgage refinance demand jumps to a 2-year high, as interest rates drop

Investors assessed Japan's inflation numbers for June for clues on the Bank of Japan's potential moves at its monetary policy meeting on July 30 and 31. The country's headline inflation was unchanged from May at 2.8%, while core inflation, which strips out prices of fresh food, accelerated to 2.6%, from 2.5% in May.

Asia-Pacific markets track Wall Street slide on tech sell-off; Japan headline inflation holds steady

Markets Insider

"To us, the message is the labor market is slowing," Fundstrat's Tom Lee said of the June jobs report.

Stock market today: US stocks close at record highs after dovish June jobs report

Wall Street's main indices tumbled at the start of trading Wednesday as fears of heightened trade tensions with China hit tech stocks. The tech-heavy Nasdaq slumped by 2.3 percent two hours into the session, and the broad S&P 500 dropped 1.2 percent as investors worried about renewed trade tensions with China.

Wall Street stocks hit by China worries, gold hits record

Business Times

Geopolitical tensions took center stage on Wall Street Wednesday after U.S. presidential candidate Donald Trump expressed reservations about defending Taiwan, sending ripples through the financial markets. The chipmaking sector bore the brunt of the fallout, with shares of major players tumbling and investors seeking refuge in safer assets like gold.

Trump's Taiwan Remarks Shake Wall Street; Chip Stocks Plunge Amid Geopolitical Concerns

The election outcome and future policy could impact the municipal bond market, experts say. A popular asset for higher earners, muni bonds generate interest that is federally tax-free and avoids state levies when investors live in the issuing state. However, there's uncertainty around interest rates, income taxes and public financing.

The election could have a 'massive impact' on the municipal bond market, analyst says

The Social Security Administration is upgrading its "my Social Security" personal accounts online. The goal is to provide a simpler login experience and more secure online access, the agency said. But first, some users may have to log in and transition their current accounts. The Social Security Administration is updating...

Why the Social Security Administration may want you to update your personal account online

Virginia State

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Margaret Minnicks

WVTF reported that a new Virginia law will become effective on July 1, 2024. The law will prevent utility companies from disconnecting services on various occasions, which could leave someone without power for days.

A new law will keep utilities from being disconnected on weekends and holidays in Virginia

'Mad Money' host Jim Cramer talks Abbott Labs and how investors should position it for their portfolios.

Jim Cramer get s a pulse on Abbott Labs

A U.K.-based organization supporting parents who are not giving their children smartphones was founded in February and has expanded internationally to the U.S., Canada, and more. The popularity of the movement is driven by research showing the link between mental health issues in children and smartphone and social media use.

A growing number of parents are refusing to give their children smartphones — and the movement is going global

President Joe Biden is under mounting pressure to withdraw his reelection bid in the wake of his damaging debate against Donald Trump. The campaign crisis has put a spotlight on Vice President Kamala Harris, who many pundits and experts view as the likeliest choice to replace him. Biden recently floated...

What happens next if Biden drops out of the presidential race

High interest rates and tight housing supply are hurting both homebuyers and sellers. The extent of the residential real estate crisis varies widely from state to state, and in some top states, climate risks are also rising. Because companies consider the residential real estate market when deciding where to locate,...

These are America's 10 best states for buying and selling a home in 2024, with a big caveat at No. 1

Kentucky State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

New York City, NY

Los Angeles, CA

This story is part of CNBC Make It's Millennial Money series, which details how people around the world earn, spend and save their money. After graduating from Syracuse University in 2017 and spending three years working corporate jobs in both advertising and marketing in New York City, Vienna Hintze wanted a change.

29-year-old quit her job to sell flowers from a pickup truck—now she brings in up to $16,000 a month

Milwaukee, WI

Former President Donald Trump recounted the assassination attempt that nearly took his life in his Republican National Convention nomination acceptance speech in Milwaukee. Trump only mentioned President Joe Biden by name a few times — a striking shift away from the personal attacks that typically pepper his political speeches.

Trump RNC speech details assassination attempt: 'I'm not supposed to be here tonight'

California State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

UBS lifted its year-end price target for the S&P 500 to 5,900, citing a supportive environment for U.S. equities. The Swiss investment firm also set a mid-2025 target of 6,200 for the index, reflecting optimism about the market's prospects. The latest call is based on several key factors, including solid...

UBS lifts its S&P 500 price target to 5,900, doesn't rule out a move to 6,500

Oil prices fell on Friday, setting up for a second weekly decline, as mixed economic signals weighed on investor sentiment and boosted the dollar. The U.S. dollar index climbed for the second consecutive session after stronger-than-expected data on the U.S. labor market and manufacturing earlier in the week. A stronger greenback dampens demand for dollar-denominated oil from investors holding other currencies.

Oil drops on weak sentiment, set for weekly decline

The SPDR S&P Regional Banking ETF has closed higher for eight consecutive trading sessions amid investor optimism about the prospect for lower interest rates. The fund's price has broken above a pennant, a chart pattern that indicates a continuation of the current uptrend. Key levels on the ETF's chart that...

Watch These KRE ETF Price Levels As Rate-Cut Optimism Boosts Regional Banks

NewsBreak

Fed rate-cut hopes keep gold near record levels

Gold prices edged higher on Thursday, as expectations of a September interest rate cut from the U.S. Federal Reserve continue to gather momentum. Spot gold was...

Fed rate-cut hopes keep gold near record levels

Comments / 0