Mortgage Rates Today, May 28, & Rate Forecast For Next Week

Today’s mortgage and refinance rates Average mortgage rates barely moved yesterday. However, as a whole, the week has been kind to those rates. Don’t get too excited. They haven’t fallen far. But at least they’re finally heading in the right direction for now. I’m still not comfortable predicting where mortgage rates will move next week. … Read more

wall street outlook: Wall St Week Ahead: Stock rally fanned by hopes of Fed ‘past peak hawkishness’

Bad news may once again be good news on Wall Street, as signs of slowing U.S. growth fan hopes that the Federal Reserve may not need to tighten policy as much as previously expected. Home sales have fallen for a third straight month, while big misses from retail giants such as Target Corp and Walmart … Read more

Climate graphic of the week: Carbon pricing reaps $84bn but falls ‘well below’ climate goals

Governments across the world that have placed a cost on carbon emissions raised $84bn collectively in 2021, but the World Bank has warned that this is “far from adequate” in the effort to limit global warming. The 60 per cent rise from the previous year in the funds generated by countries charging companies for their … Read more

An Amazon worker will make a novel shareholder proposal this week

At Amazon’s (AMZN) annual meeting this week, warehouse worker Daniel Olayiwola plans to fight for change at the e-commerce giant in a way that’s both novel and as old as public companies themselves: He’s raising concerns as a shareholder. Olayiwola — who has worked at SAT4, a San Antonio, Texas fulfillment center, since 2017 — … Read more

India-Canada second round free-trade agreement talks start next week

Officials from India and Canada are expected to meet virtually next week to commence the second round of negotiations for a free-trade agreement (FTA) that aims to strengthen economic ties between the two countries. India is expected to push for greater market access for pharmaceutical products, readymade garments, agriculture goods … Read more

In bid to boost investment, PM Narendra Modi proposes ‘Japan Week’

Seeking greater investments in India, Prime Minister Narendra Modi on Monday proposed celebrating Japan’s contribution to the country’s development journey in the form of a Japan Week’. Modi chaired a roundtable with Japanese business leaders here in which top executives and CEOs of 34 Japanese companies participated. The majority of … Read more

Nvidia, Macy’s, Zoom, Costco, Snowflake, and Other Stocks to Watch This Week

Text size Uncredited First-quarter earnings season winds down this week, but with more than a dozen S&P 500 companies left to report. Economists will be watching the latest Federal Reserve meeting minutes and data on consumer earnings and spending and business investment. Advance Auto Parts and Zoom Video Communications will be Monday’s highlights, followed by … Read more

Stocks to Start Week Steady Amid Growth Concerns: Markets Wrap

(Bloomberg) — Stocks are set to start the week with caution amid ongoing concerns about slowing growth in the world’s largest economies. Most Read from Bloomberg Futures were flat in Japan, while they fell in Australia and in Hong Kong earlier. The S&P 500 dropped for a seventh straight week in a stretch of weakness … Read more