60% of college grads said they felt pessimistic about their career prospects, per firm Handshake
The dollar remains slightly overvalued after easing this year but could become undervalued next year, Bank of America, $BAC, has said.
The White House posted this yesterday:
Good morning to everyone: https://t.co/WUbiX0yr1j
Good night to everyone: https://t.co/WUbiX0xTbL
"Trump-friendly billionaires are consolidating control over American media, steering legacy brands and social platforms in a new conservative direction," per Axios:
Look at this.
Representative Rich McCormick has only now disclosed dozens of stock trades that actually took place back in 2023.
Yes, you read that correctly — 2023.
The filings show thousands of dollars’ worth of stock purchases.
Should politicians be able to trade?
To follow their disclosures, check Unusual Whales.
See more: https://t.co/e9bnW7AFKV
Mortgage refinance demand spikes nearly 60%, as interest rates drop sharply.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.39% from 6.49%.
The adjustable-rate mortgage share of activity
54% of Americans said there is no mortgage rate at which they would feel comfortable selling their home, up 12 points from last year, per Bank of America
Read more: https://t.co/3piuwJlliB
BREAKING: Nvidia, $NVDA, to invest $5 billion in Intel, $INTC, at $23.28/share
$INTC soared throughout the day.
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See more: https://t.co/08QBo7MRYB
BREAKING: Sales of heavy trucks are falling like the U.S. is headed for a recession, per CNBC
Heavy truck sales decreased 16% YoY in August, reaching 422 thousand SAAR.
Read more: https://t.co/07sehHPJ0I
JUST IN: Powell has said: Hope 2% inflation is achieved by 2028
Yesterday, the Fed cut by 25BPS.
Read more: https://t.co/LPNIsgtqCS
BREAKING: $META has introduced a new live translation feature for its AI glasses
"“Glasses are the ideal form factor for personal super intelligence because they let you stay present in the moment," Mark said.
Read more: https://t.co/ZhQb368CdW
Numerous CEOs are in the UK, including $MSFT, $PLTR, $CRM, $AAPL, $NVDA, and more.
They promised $150 billion in UK investment.
To follow along with updates, subscribe to Unusual Whales news.
See more: https://t.co/E9SOE2vkCK
The average rate on a 30-year fixed mortgage is at a 3 year low, at 6.13%, per Mortgage News Daily.
Do you want updates on US mortgage rates?
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See more: https://t.co/nGbliCbwBe
BREAKING: Donald Trump suggests that the federal government might revoke the licenses of TV networks that are “against” him.
BREAKING: China officially bans its companies from buying Nvidia, $NVDA, chips, per FT
The Trump administration in August agreed a deal under which Nvidia would receive export licenses for its H20 AI chips in exchange for 15% of its China sales.
Read more: https://t.co/sOn13MC7Ea
JUST IN: China confirms TikTok’s US app will use Chinese algorithm
“We have a deal on TikTok ... We have a group of very big companies that want to buy it,” Trump said.
Read more: https://t.co/nNndVBMOCZ
BREAKING: President Trump says he's designating far-left anti-fascism group Antifa as a terrorist organization
"I will also be strongly recommending that those funding ANTIFA be thoroughly investigated in accordance with the highest legal standards and practices," he said.
Read more: https://t.co/IkXlGOJMyX
Real GDP growth is projected at 1.6% for 2025, per FORTUNE
Mike Wilson of Morgan Stanely, $MS, has said: "we are transitioning from a rolling recession to a rolling recovery."