Posts by Amelia Frost
30-Year Mortgage Rates Eased To Lowest Level Since Mid-May. Yet Homebuying Demand Showed Little Response.
The average rate on a 30-year fixed U.S. mortgage declined this week to its lowest level since mid-May, providing some relief for prospective homebuyers after borrowing costs climbed through much of the spring as geopolitical tensions in the Middle East fueled inflation concerns and pushed bond yields higher. The benchmark 30-year fixed mortgage rate fell…
Read MoreU.S. Officials Reportedly Believed Israel Could Try To Assassinate Iranian Negotiators. They Took Action
U.S. officials believed Israel could try to assassinate Iran’s top negotiators after the ceasefire between the countries was declared in April, according to a new report. The New York Times noted that officials indirectly warned Foreign Minister Abbas Araghchi and Iranian Parliament Speaker Mohammad Bagher Ghalibaf about potential threats. They had been targeted during the…
Read MoreStocks Saw a Positive Sign In a Weak Jobs Report. They Were Mixed Anyway.
Stocks were mixed on Thursday as the Dow Jones climbed to a new record and the tech-heavy Nasdaq Composite dropped 0.80%, dragged by chipmakers. The VanEck Semiconductor ETF fell more than 5%, CNBC noted. In contrast, the Dow Jones Industrial average rose more than 1%, reaching yet a new record before the long weekend. The…
Read MoreTesla Reported Production Levels that Exceeded Expectations. Its Stock Is Sinking Anyway.
Shares of Tesla dropped approximately 7% on Thursday even though the electric vehicle maker reported second-quarter 2026 delivery numbers that easily surpassed Wall Street expectations. The company said it delivered 480,126 vehicles during the second quarter of 2026, well above analysts’ expectations of roughly 406,600 vehicles, according to StreetAccount’s analysis cited by CNBC. The company…
Read MoreDalo: Establishing Trust in Auto Recycling Through Direct Ownership and Operational Clarity
According to Moe Zaqzouq, founder of Dalo Auto Recycling, the auto recycling industry has traditionally operated in the background of the automotive economy, perceived as a simple endpoint for unwanted vehicles. Yet Zaqzouq argues that this perception conceals a deeply fragmented system that has evolved far from its original structure. Over time, he notes, the…
Read MoreRaj Bhuyan On Rethinking Wealth Management Through a Behavioral Lens
The foundation of the most popular investment methodologies has often been based upon a relatively passive platform that incorporates a systematic process to diversify assets by asset class and investment styles. Although these types of foundations can be effective on the surface, Raj Bhuyan, Managing Partner of Tactical Wealth Management, notes that far less attention…
Read MoreZendaya and Dua Lipa Prove Red Ballet Flats Go Best With Summer Jeans and White Tops
Jeans and a white top just got infinitely cooler, thanks to Zendaya and Dua Lipa. New York City was a hotbed of celebrity style inspiration on July 1, with Zendaya and Anne Hathaway promoting The Odyssey on the same day Lipa was spotted leaving a recording studio post-honeymoon. All three women kept their looks relaxed…
Read MoreThe Unemployment Rate Unexpectedly Dropped In June. But It Is Not Because There Are More Jobs.
The unemployment rate dropped in June, but it was because fewer people are looking for jobs. The figure fell to 4.2%, the lowest in a year, according to the Bureau of Labor Statistics, but it was explained by the labor force participation rate dropping to the lowest level in 50 years without taking the Covid…
Read MoreXRP at $1.08: Ripple Keeps Winning, So Why Won’t the Price Move?
XRP limped out of June down roughly 20%, starting the month near $1.30 and closing around $1.04, its weakest level since late 2024. Now, on July 2, it’s grinding right at the $1.08 to $1.10 resistance band, the exact ceiling where bears have shown up over and over. For a token that traded near $3.65…
Read MoreStrategy Is Allowing Selective Bitcoin Sales To Fund Dividends. JPMorgan Says It Could Add Two-Way Market Pressure.
JPMorgan said Strategy’s decision to allow selective bitcoin sales to fund preferred stock dividends has introduced what it is describing as “two-way risk” into crypto markets, a shift tied to the company’s evolving capital structure and its large bitcoin holdings. Strategy has formalized a policy that permits limited bitcoin sales when needed to meet dividend…
Read MoreHackers Breached A Key Homeland Security Network. The U.S. Government Is Racing To Find Out How.
The U.S. government is investigating yet another significant cybersecurity breach after hackers infiltrated a key Department of Homeland Security (DHS) information-sharing platform used by thousands of government agencies and private sector partners. The intrusion targeted the Homeland Security Information Network (HSIN), a platform that enables federal, state, local, tribal, and territorial agencies, as well as…
Read MoreFed Chair Kevin Warsh Is Betting On AI. He Says The Revolution Is Just Getting Started.
Federal Reserve Chair Kevin Warsh said the United States is likely to be a “big winner” from artificial intelligence, describing the technology as a structural shift in the global economy. Speaking during an European Central Bank summit in Sintra, Portugal, Warsh said AI represents a “paradigm shift” for both economic policy and business activity. He…
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