The 30-year fixed-rate mortgage hit 6.70% this week, sending some prospective homebuyers into a frenzy, and others backing out of contracts in droves. While the recent hikes are jarring, it’s actually nothing compared to rates back in the 1980s. In September 1981, a 30-year fixed-rate mortgage was at a double-digit high of 19%. Connie Strait, […]
It’s been a rough year for tech companies, including Mark Zuckerberg‘s Meta Platforms, Inc., formerly Facebook, Inc. Bloomberg | Getty Images The company is experiencing a slowdown in its previously rapid growth for the first time since its 2004 founding. On Thursday, Zuckerberg said that Meta will freeze hiring and restructure some teams to cut
What is Money Maturity? This process of becoming more financially responsible is called money maturity. Money maturity is a gradual process that happens over time. It is often associated with age but can also be influenced by factors such as life experiences and education. Nevertheless, money maturity typically leads to better financial decision-making and habits.
Whether you’re a franchisor, a franchisee, a supplier, a vendor or even a budding entrepreneur, the industry is flush with a wide variety of trade shows, events, conventions, expos and conferences. Some of these events happen on an annual basis, and others are part of a series of trade shows that travel to all of
Despite looming recession fears, consumer confidence increased more than 4% month-over-month in September 2022. Against this backdrop, we believe quality stocks Pfizer (PFE), Comcast (CMCSA), and Microchip Technology (MCHP) could be ideal buys for you this week. Keep reading…. shutterstock.com – StockNews Amid escalating macro headwinds, recession odds are rising every passing day. According to
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. There are many benefits to being able to work from anywhere. And in the new normal, many people
Opinions expressed by Entrepreneur contributors are their own. “And your problem is you’re Black,” she said without missing a beat, after enumerating the other problematic issues of different people from her perspective. Please hold your outrage and pick up your jaw — that’s what I heard from a fellow attendee at a woman’s conference during
Shares of online real estate services company Opendoor Technologies (OPEN) have plummeted more than 75% in price year-to-date with the cooling down of the housing market amid rising interest rates. Furthermore, the company is expected to incur huge losses in the upcoming years. Hence, with the Fed signaling aggressive rate hikes ahead to cool down
CarMax stock is dropping sharply after reporting a steep drop in profits. Consumers are voting with their wallets, which is consistent with the current monetary policy. If the worst is baked in, KMX stock is starting to look properly valued The used car dealership CarMax (NYSE:KMX) disappointed investors with a lemon of an earnings report.
Keurig Dr. Pepper raised its dividend in September The stock has returned more, year-to-date, than larger rivals Coca-Cola and PepsiCo Keurig Dr. Pepper is part of the S&P 500, and its recent price action is essentially tracking its index With the market continuing to hit the skids, despite Wednesday’s bounce higher, dividend-paying stocks like Keurig