Investing News

Traders work on the floor of the New York Stock Exchange (NYSE) on October 07, 2022 in New York City. Spencer Platt | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) Cash, one of the most hated corners of the market for years, is getting some newfound love from money managers as the Federal

Mortgage rates rose higher across most loan types Tuesday, including a bump in 30-year rates that returned the flagship average to its 20-year high, registered just two weeks ago. Today’s National Mortgage Rate Averages Rates on 30-year mortgages climbed a tenth of a percentage point Tuesday, raising the average to 7.42%. That’s the same notable

Wholesale inflation rose more than expected in September as prices for services jumped. The Producer Price Index (PPI), which tracks changes in prices from the perspective of goods producers, increased 0.4% last month after falling 0.2% in August, according to the Bureau of Labor Statistics. Economists had forecasted a slower rate of 0.2%. Compared with

Non-fungible tokens were in the news this week after the creators of Bored Ape Yacht Club became the latest high-profile target of the SEC. The financial watchdog wants to determine whether NFTs are securities. While that will happen in the future, for now, digital collectible sales haven’t stopped, and this week brings more exciting new

World-changing inventions like the printing press, the radio, and the internet opened new ways for people to communicate and share knowledge. In many cases, blockchain technology expands on these inventions. Blockchain provides a method to secure and distribute knowledge, data, and information so that it can be shared without alteration, interference, or be controlled. Although

The G20’s Financial Stability Board (FSB), a global financial authority, has published a report for an international level of regulation for the cryptocurrency market. The FSB says that the crypto market is evolving fast and that it has come to the point where more focused regulation is necessary. The global watchdog has posted a list

What Was the Byzantium Fork? The Byzantium hard fork was an update to Ethereum’s blockchain, implemented in October 2017 at block 4,370,000. It consisted of eight Ethereum Improvement Protocols (EIPs) designed to improve Ethereum’s privacy, scalability, and security attributes. The Byzantium hard fork was an essential and critical update to Ethereum’s blockchain. It was implemented

To buy stocks, you’ll typically need the assistance of a stockbroker, since you cannot simply call up a stock exchange and ask to buy stocks directly. When you use a stockbroker, whether a human being or an online platform, you can choose the investment that you wish to buy or sell and how the trade

Gold is a popular asset among investors wishing to hedge against risks such as inflation, market turbulence, and political unrest. Aside from buying gold bullion directly, another way to gain exposure to gold is by investing in exchange-traded funds (ETFs) that hold gold as their underlying asset or invest in gold futures contracts. Some investors

When it comes to unemployment, different parts of the United States are affected in distinct ways by the current economic circumstances. While the national unemployment rate provides a good indicator of how the country is doing as a whole, it can diverge considerably from what you might be facing in your home state. That’s where

Key Takeaways Analysts estimate adjusted EPS of $1.53 vs. $0.30 in Q3 FY 2021. Load factor is expected to rise sharply YOY to its highest level in three years. Revenue is expected to be at its highest level in at least four years. Delta Air Lines Inc. (DAL), the world’s largest airline before the pandemic

Health care can be one of the biggest expenses a person faces in retirement. A 65-year-old couple who retired in 2021 can expect to spend $300,000 on health care and medical expenses throughout retirement, according to the annual Fidelity Investments Retiree Health Care Cost Estimate. This sum doesn’t include the additional annual cost of long-term

Key Takeaways Analysts estimate EPS of $2.87 vs. $3.74 in Q3 FY 2021. Net interest margin is expected to rise YOY. Total revenue is expected to increase modestly YOY, but at the fastest pace in seven quarters. JPMorgan Chase & Co. (JPM), the largest U.S. bank by consolidated assets, is likely to report that 3Q

Meta Platforms, Inc. (META), Facebook’s parent company, took another step in its pivot towards the metaverse, unveiling a virtually reality headset called Meta Quest Pro and saying the firm would focus on how to build the future of connection within virtual and augmented reality.” The headset, known while under development as Cambria, comes seven years

The U.S. Securities and Exchange Commission is investigating Yuga Labs, the company behind Bored Ape Yacht Club (BAYC), over its non-fungible token (NFT) collections and cryptocurrency. According to a report, the financial watchdog wants to know if some of Yuga’s non-fungible tokens and cryptocurrency ApeCoin are similar to stocks and should therefore follow the same

When is the right time to retire? It’s a question that depends on your personal needs and circumstances—not to mention your plans for what you’ll do instead. We’ve all had days when we’re prepared to hand our boss a resignation letter and lead the good life of a retiree. While leaving the workforce early might

Large cryptocurrency mining pools exist so that people who do not have the financial and computational resources to mine competitively can pool their resources and increase their chances of being awarded a coin. While it is possible to mine solo, joining a mining pool increases your chances of being rewarded. Whether large mining pools are

October has seen certificate of deposit (CD) rates rising on the heels of the Fed’s September 21 announcement of another massive rate hike. This week, the top nationwide rate rose further among the three shortest terms, while remaining flat for terms of 18 months or longer. Savers can now earn a notable 4% or more

Tech giant Google (NASDAQ: GOOGL) has partnered with Coinbase (NASDAQ: COIN) to allow users to pay for cloud services using crypto. A select group of customers will now be able to make payments with Bitcoin, Ether, and Dogecoin. In response to the news, Coinbase’s stock rose over 7%. Key Takeaways Google has partnered with cryptocurrency

After winning the approval of New York’s financial regulator earlier this fall, the Bank of New York Mellon is all set to hold its customers’ bitcoin and ether starting this week. The nation’s oldest bank has added cryptocurrencies to its custody services. Key Takeaways BNY Mellon will begin to hold select customers’ bitcoin and ether