Mortgage rates edged slightly lower heading into the Fourth of July weekend, with the national average for a 30-year fixed mortgage settling at 6.75%—a 2 basis point drop from earlier this week. The latest data from Zillow shows a continuation of the mild rate fluctuations that have characterized much of the 2025 mortgage market. Current
By Laura Matthews NEW YORK (Reuters) -Overseas asset managers and pensions are adding protection against a weakening dollar, concerned about the U.S. currency’s diminishing ability to diversify their U.S. equity portfolios. Because such stock funds carry built-in dollar exposure, investors with other home currencies that had not neutralized the foreign exchange risk were cushioned when
For day-to-day investors, the S&P 500 Index shows how 500 major companies from many sectors are doing. It allows you to clearly see the direction of the economy and likely risks from broader market movements. With knowledge of this benchmark, individuals can measure how their portfolio is doing, control risks, and choose investments that match
From looking at the stock market this week, you wouldn’t think that the United States intervened in a military conflict in the Middle East over the weekend. Monday saw some dips and slight drops, but the market rebounded and closed up almost 1%. So far on Tuesday, markets are surging, with the S&P 500 hitting
George Pimentel / Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. With an estimated net worth of $161.8 billion, Warren Buffett, the CEO of Berkshire Hathaway, has built a tremendous financial empire. Now, At 94 years old, Warren Buffett has finally decided to retire from
Bajaj Finance shares declined 1.55 per cent to ₹923.50 on Tuesday as the stock began trading adjusted for its stock split and bonus issue implementation. The shares opened at ₹941.50 against the previous close of ₹938.00 and touched an intraday high of ₹943.50 before retreating to current levels. The financial services company had announced a
Mutual funds’ participation in the initial public offerings as anchor investors has been rising steadily even as the concern on overvaluation in the secondary market gets louder amid steady inflow in equity funds. Mutual funds’ investment as anchor investors more than tripled in calendar year 2024 to ₹21,583 crore across 34 IPOs against ₹6,651 crore
When the IL&FS crisis hit in late 2018, India’s NBFC sector was thrown into disarray. Liquidity dried up, credit growth stalled, and confidence in shadow banks took a big hit. Shriram Transport Finance, then focused mostly on used commercial vehicle (CV) loans, was no exception. The stock dropped sharply, not just because of refinancing worries
Billionaire investor Warren Buffett’s Berkshire Hathaway heavily sold banking shares in Q1, according to a 13f filing with the US Securities and Exchange Commission. The Oracle of Omaha sold all shares of Brazilian bank Nu Holdings, which has its own crypto platform. He disposed of 40.18 million shares of the bank during the quarter that
Warren Buffett’s famous quote, “be fearful when others are greedy and greedy when others are fearful,” inspired 26-year-old Natalie Fisher to start investing in the stock market in 2020. Fisher’s story isn’t unique. The Oracle of Omaha has been a role model for countless investors throughout his career, with fans regarding him as a father