A rare type of mortgage is landing homebuyers a 3% rate

As mortgage rates stagnate around 6%, prospective homebuyers are feeling nostalgic for the 3% interest rates of 2020 and 2021. Google search results for the term “assumable mortgage” spiked in May, following a steady upward trend starting in 2022. Mortgage assumptions allow buyers to take over an existing mortgage at its current rate, possibly securing … Read more

Walgreens (WBA) earnings Q4 2024

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021. Andrew Kelly | Reuters Walgreens on Tuesday reported fiscal fourth-quarter sales and adjusted profit that beat Wall Street’s expectations, as the company slashes costs in an attempt to steer itself out of a … Read more

Citigroup C earnings Q3 2024

The Citibank building in Canada Square at the heart of Canary Wharf financial district in London on May 7, 2024. Mike Kemp | In Pictures | Getty Images Citigroup is set to report its third-quarter earnings before the opening bell on Tuesday, as investors will get the latest updates about the progress of CEO Jane … Read more

Bank of America (BAC) earnings Q3 2024

Bank of America Chairman and CEO Brian Thomas Moynihan speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023.  Evelyn Hockstein | Reuters Bank of America is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what … Read more

Goldman Sachs (GS) earnings Q3 2024

David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: $6.89 per share, according to LSEG … Read more

Appeals court fast-tracks CFTC vs. Kalshi case

People vote on the first day of Virginia’s in-person early voting at Long Bridge Park Aquatics and Fitness Center on September 20, 2024 in Arlington, Virginia.  Andrew Harnik | Getty Images A federal appeals court has fast-tracked the Commodity Futures Trading Commission’s case challenging the right of the event exchange Kalshi to offer U.S. political … Read more

Trump Media stock soars amid election, Truth Social news

Shares of Trump Media closed up more than 18% on Monday, extending the Truth Social owner’s dramatic recovery from recent stock price lows and adding hundreds of millions of dollars to Donald Trump‘s on-paper net worth. The recent DJT surge came as multiple online election betting markets appeared to show betting odds shifting in Trump’s favor, after weeks … Read more