Financial Stock

JPMorgan surprise loss of $ 2 billion trading attracted sell-off in financial stocks Friday, but the broader market edged higher as investors decided it was a problem for investment banks and other industries not. The Dow Jones Industrial Average rose 11 points in midday trading, after rebounding from a decline of 76 points. The Standard Read more about Financial Stock[…]

Refinancing

Homeowners who have resisted the urge to refinance their mortgages until now could be rewarded for their willpower. Mortgage rates have fallen to new lows—and banks are rolling out incentives to win business. Economic uncertainty in Europe and slow growth in the U.S. are prompting investors to pile into ultrasafe U.S. Treasurys. That, in turn, Read more about Refinancing[…]

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