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Bank of America Global Research has postponed its expectation for the first Federal Reserve interest-rate reductions to the second half of 2027, underscoring a growing view on Wall Street that persistent inflation and a resilient labor market will keep policy restrictive for an extended period. The firm now anticipates quarter-percentage-point cuts in July and September […]
The U.S. housing finance market opens the week of May 11, 2026 with fixed and adjustable mortgage rates largely confined to the tight band that has characterized pricing since early spring. Latest figures compiled from the Zillow lender marketplace show the average 30-year fixed mortgage at 6.25%, the 20-year fixed at 5.95%, and the 15-year […]
The national average for 30-year fixed mortgages ticked higher last week, while 20-year and adjustable-rate products moved in different directions, according to data compiled from the Zillow lender marketplace for the week ending Friday, May 8. The figures provide a snapshot of borrowing costs for prospective homebuyers and homeowners considering a refinance as the U.S. housing […]
The average cost of borrowing for a home ticked upward on May 9, 2026, as both 30-year and 15-year fixed-rate mortgages reversed the brief decline recorded earlier in the week. Data from the Zillow lender marketplace show the typical 30-year fixed loan quoting 6.25%, a seven-basis-point increase from the previous day. The 15-year fixed average rose […]
Warren Buffett has spent decades positioning the 30-year fixed-rate mortgage as a unique financial tool, arguing that its structure offers everyday homebuyers a series of advantages rarely matched by other consumer loans. His most recent comments, delivered during a May 2026 discussion on home financing, again underlined why the Berkshire Hathaway chairman believes this instrument […]
A recent courtroom victory for a former social-media user is under threat after Meta Platforms asked a California judge to set aside the jury’s decision that held the company responsible for contributing to the plaintiff’s depression. The request, filed on Monday and entered into the public docket on Wednesday, urges Los Angeles Superior Court Judge […]
Coinbase Global Inc. disclosed a significant reorganization on Tuesday, 5 May 2026, eliminating roughly 14 percent of its global staff, or about 700 positions, just two days before the company is scheduled to release first-quarter earnings. The cuts, framed by management as a shift toward an artificial-intelligence-driven operating model, come during a period of lower trading […]
Michael Burry, founder of Scion Asset Management and one of the earliest high-profile backers of GameStop, has liquidated his entire stake in the video-game retailer. The move came less than 24 hours after GameStop chairman Ryan Cohen unveiled a $55.5 billion, all-cash bid for online marketplace eBay, a proposal that would require substantial borrowing and […]
Carrier Global Corporation, traded under the ticker symbol CARR, remains a focal point in a sequence of equity research publications released in early May 2026. The Florida-based manufacturer of heating, ventilation, air-conditioning, refrigeration and building automation systems was featured in multiple notes compiled by Argus Research and other market observers, offering investors a concentrated look […]
Investors who put $10,000 into Bloom Energy Corp. at the start of May 2025 would now be looking at approximately $156,670, reflecting a gain of roughly 1,460% in just 12 months. The dramatic appreciation in the share price places the California-based fuel-cell manufacturer among the top performers in the clean-energy segment over the past year. […]
Meta Platforms chief executive Mark Zuckerberg told employees during an internal town hall on 30 April that the company will move forward with another large round of layoffs this month, framing the decision as a trade-off between workforce size and expanding investments in artificial-intelligence infrastructure. The meeting was the first time he publicly addressed staff […]
Cognizant Technology Solutions Corp. (NASDAQ: CTSH) remains a focal point for institutional investors seeking insight into the information-technology services sector, and Argus Research has positioned itself as one of the firms monitoring the company’s performance. The Teaneck, New Jersey-based provider of consulting, information-technology outsourcing and business-process outsourcing services operates globally through four distinct business segments. […]