Tag Archives: history

No one is likely to order any ball caps emblazoned with “Dow 33K,” but America’s most well-known stock index cleared another 1,000-point milestone on Wednesday. The Dow Jones Industrial Average DJIA, +0.58% ended the day up 189.42 points, a gain of 0.6%, to close at a record 33,015.37, just five …

Connecting the earth and the sky, the trees are not only essential to human survival and thriving, but are ever-fascinating through their mysterious resilience, longevity, and often size. Trees are unable to change their place and to defend themselves like a walking creature would; yet, a tree can live up …

“ ‘Think about what Apple is worth compared to John D. Rockefeller’s empire.’ ” That’s Berkshire Hathaway BRK.A, -0.56% Vice Chairman Charlie Munger talking this week about the “frenzy” in the stock market as exemplified by Apple AAPL, -1.59%, which he deems as “the most dramatic thing that’s almost ever …

A trio of promising coronavirus vaccine candidates has raised hopes that America appears poised to finally turn the corner in the pandemic. But the head of the Centers for Disease Control and Prevention cautions that there’s still a cold, hard winter ahead. “ “December and January and February are going …

Your payment history is the biggest factor in determining your credit score making up 35% of your overall credit score. Only your credit utilization ratio (makes up 30% of your score) comes close to having as profound an effect on your score as your payment history does, This article explains …

Jack Ma “has ultimate control over our Company,” Ant Group said in a filing as it plans to go public. AFP via Getty Images Ant Group could be headed for the largest initial public offering in history, as the Chinese financial-technology juggernaut chases a valuation that would rival the biggest …

It finally happened. This week Freddie Mac reported a 30-year fixed-rate mortgage average below 3%. That puts the average for consumers (remember, your rate will vary based on a variety of conditions) at 2.98%. As you would expect, mortgage volume has gone up over the last week. The Mortgage Bankers …

It’s hard out there for a millennial. In fact, the Washington Post, citing a series of economic haymakers and the struggles that come with them, calls the group born between 1981 and 1996 “the unluckiest generation in U.S. history.” Yes, even unluckier than members of the “Lost Generation,” who reached …

After recovering a chunk of the losses racked up during the worst of the coronavirus-induced selloff last month, the stock market finds itself at a crucial inflection point, writes Alan B. Lancz. “The next 45 days may just become the most critical period in U.S. financial history,” he wrote in …