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Mortgage rates jumped up this week, hovering closer to 7%. This jump ended week’s run of dropping rates. Interest rates for 30-year, fixed-rate mortgages averaged 6.95%, Freddie Mac reported. “Mortgage rates increased this week, coming in just under seven percent,” Sam Khater, Freddie Mac’s chief economist, explained. “Both new home…

Paramount Global will merge with Skydance, capping off a months-long negotiation that included various twists and turns, and will see the Redstone family step away from control of the storied movie studio and media company.Paramount’s special committee agreed to the merger on Sunday, days after Shari Redstone’s National Amusements, the…

Shortly after the opening bell, we will sell 18 shares of Meta Platforms at roughly $542.3 and 20 shares of Palo Alto Networks at roughly $343. Following the trades, Jim Cramer’s Charitable Trust will own 275 shares of META, decreasing its weighting to 4.45% from 4.7%; and 230 of PANW,…

Job seekers have been calling the shots for nearly four years as employers struggled to fill millions of openings to meet an onslaught of demand coming out of the pandemic. Many employers couldn’t even require that workers return to offices, fearing they would quit. And if those workers did end…

For better or worse, the history of capitalism will be defined, in part, by the success of e-commerce giant Amazon (NASDAQ:AMZN). In addition to being one of the largest publicly traded companies on the planet, it is a business that continues to grow at a rapid pace. Over its lifetime,…

France is heading towards a hung parliament and rocky talks to form a government after an unexpected leftwing victory thwarted Marine Le Pen’s efforts to bring the far right to power.Markets initially reacted negatively to the news but quickly recovered with the euro flat and French stocks making gains.The leftist…

If “Failures are finger posts on the road to achievement,” as C.S. Lewis suggested, my opportunities for achievement are many. Indeed, the only reason that I have an opportunity to share this insight with you today is that I failed at one person’s version of financial advising. Although very real,…

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