Investing News

A Falcon 9 rocket launches the GPS III SV05 satellite on a mission for the U.S. Space Force on June 17, 2021. SpaceX Elon Musk’s SpaceX broke its own annual orbital launch record last year, and it’s looking to pick up the blistering pace further in 2022 to an average rate of one per week.

The Iraqi dinar (IQD) revaluation rumor has been around for a number of years and continues to attract a substantial number of believers. Scores of people have purchased Iraqi dinars from fast-talking promoters and online dinar currency dealers based on the firm belief that they will make windfall profits—reportedly as much as 1,000 times their original

CNBC’s Jim Cramer on Thursday cautioned investors against rushing to empty or beef up their portfolios based on movements outside of normal U.S. trading hours. “Don’t pay attention to what the futures [are] doing. Pay attention to what you like,” Cramer said on “Squawk Box,” before stocks opened higher Thursday. “We have a lot of

Cryptocurrency mining botnets are making millions for their creators by secretly infecting various devices across the globe. The botnets steal CPUs on infected machines to mine the coins, which can be worth tens of thousands of dollars apiece. In late January 2018, for example, the security firm TrendMicro reported that Alphabet Inc’s Google’s (GOOGL) DoubleClick ad

Traders work on the floor of the New York Stock Exchange (NYSE) on February 5, 2018 in New York City. Getty Images It’s a sea of red in the stock market on Monday, and there are several factors that are dragging stocks down in January. The Dow Jones Industrial Average fell as much as 1,000

Buyers should cool off on cryptocurrency concerns and make some long-term investments instead, SkyBridge Capital’s Anthony Scaramucci told CNBC on Tuesday. Some people think bitcoin is “rat poison,” as billionaire investor Warren Buffett once described it; others think it’s the worst thing to ever happen to civilization, Scaramucci said in a “Squawk Box” interview. “Everyone

Index investing is a strategy that involves creating portfolios around a stock index, a benchmark, or a market average. The idea is that, since most fund managers fail to outperform the market, the optimal way to invest in a diversified portfolio is to track an index—such as the S&P 500 Index—while minimizing costs and fees.

Investors looking to buy in the current stormy stock market should consider prominent U.S. firms that make money, CNBC’s Jim Cramer said Tuesday. “There’s a lot of stocks that I like. I like the classic, great American companies. I think that they’re terrific,” Cramer said, citing names including Raytheon and Johnson & Johnson, whose stock

Jim Cramer Scott Mlyn | CNBC It’s been a bloody few weeks for once high-flying tech stocks and CNBC’s Jim Cramer believes there is still a bit more carnage to go for some parts of the market. “Tomorrow you got to do some selling…if you own stocks that are selling at a multiple to sales…those

There are more than 43 million student loan borrowers in the United States, making it one of the largest types of consumer debt—only second to mortgage loans. Student loan borrowers owed a total of $1.728 trillion in student loan debt by the end of the first quarter of 2021. The average balance held per borrower

Former Goldman Sachs CEO and Chairman Lloyd Blankfein said that his view of cryptocurrencies has evolved after digital assets attracted trillions of dollars in value and a rapidly growing ecosystem. On Monday, Blankfein was asked by CNBC’s Andrew Ross Sorkin for his view on the nascent asset class, who noted that the former banker has

In this article JPM GS Tourists are lined up for taking photos by the Charging Bull Statue in the financial district of New York City, United States on August 16, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Bonus season has arrived on Wall Street, and the bankers who produced record revenue last year

As of today, September 29, 2021, the 15-year fixed mortgage rate is 2.48% and the 15-year jumbo mortgage rate is 3.01%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more representative of what customers could expect to be quoted depending on their qualifications. You

In this article VRNT AMZN TSLA VMW WMT VMware at the NYSE, Dec. 14, 2021. Source: NYSE Stocks have had a rocky start to 2022, and further turbulence could be ahead for investors. That’s because the current macro environment has been one of the most volatile in recent memory. Inflationary fears, labor shortages and the

A man walks past a Wells Fargo Bank branch on a rainy morning in Washington. Gary Cameron | Reuters U.S. banks closed a record number of retail branches in 2021 as customers increasingly turn to digital banking and the industry consolidates. On net, U.S. banks shuttered 2,927 branches last year, according to S&P Global Market

The foreign exchange (forex) market is the largest market in the world: Currency is changing hands whenever goods and services are traded between nations. The sheer size of the transactions going on around the globe provides arbitrage opportunities for speculators, because the currency values fluctuate by the minute. Usually, these speculators make many trades for

In this article DAN Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Company: Dana Inc. (DAN) Business: Dana provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and Asia Pacific. It offers sealing solutions, thermal-management technologies, and digital solutions

In this article MSTR MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Shares of MicroStrategy tumbled 17.8% Friday afternoon after the U.S. Securities and Exchange Commission reportedly rejected the company’s

As of late 2021, American students are on the hook for approximately $1.75 trillion in student loans, according to data compiled by the Education Data Initiative. 43.2 million student borrowers owe an average of $39,351, up significantly from past decades. With that much money on the line, it’s reasonable to be curious about who might

In this article NFLX CNBC’s Jim Cramer said Friday investors should remain calm about the overall stock market despite Netflix‘s worst single-day decline in years, which was wiping out gains back to April 2020. Netflix, at its lows of the day, was down more than 25% to roughly $380 per share, following slowing subscriber growth