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Mortgage rates drop at the quickest weekly rate in a year

Mortgage rates drop at the quickest weekly rate in a year

Mortgage rates dropped this week at their fastest pace in a year, offering a bit of relief to the current housing market amid a softening economy. The typical 30-year fixed-rate mortgages decreased from 6.5% last week to 6.35% this week, marking the lowest levels since last October, according to data from a government mortgage securitizer. […]

AI Company Aims to Produce 5,000 Podcasts with 3,000 Weekly Episodes for $1 Each

AI Company Aims to Produce 5,000 Podcasts with 3,000 Weekly Episodes for $1 Each

AI Startup Seeks to Transform Podcasting The emerging AI startup, Inception Point AI, has a grand vision: to launch 5,000 shows and produce around 3,000 episodes weekly, all priced at just a dollar each. This endeavor aims to change the podcasting landscape. As reported, the company is working on creating AI personalities to host these […]

Weekly Currency Outlook – September 7th to 12th (Charts)

Weekly Currency Outlook - September 7th to 12th (Charts)

I noted on the 31st that the best deals for the week include: The S&P 500 long index displays that each day in New York exceeds 6,515, which was unexpected. For cautious traders, it’s over $3,500 for a long or daily in New York. Gold increased by 4.10% for the week. Similarly, for careful traders, […]

EUR/USD Weekly Outlook 07/09: Approaching Support (Chart)

EUR/USD Weekly Outlook 07/09: Approaching Support (Chart)

Market Update on EUR/USD Created on September 7th, 2025 The EUR/USD pair experienced another turbulent sentiment shift following negative US non-farm employment figures. On Friday, it peaked at nearly 1.17600 before settling around 1.17155 as the weekend approached. Despite the disappointing employment data, financial institutions appear to be cautiously optimistic, navigating inflation fears that loom […]

Crypto Investment Products Attract $2.48B in Weekly Inflows, Raising August Total to $4.37B

Crypto Investment Products Attract $2.48B in Weekly Inflows, Raising August Total to $4.37B

Digital asset investment products saw a resurgence last week, reversing a recent trend of outflows and bringing in $2.48 billion. Key Highlights: Digital asset products experienced weekly inflows of $2.48 billion, raising their total for August to $43.7 billion. Ethereum was the standout performer, attracting $1.4 billion, while Bitcoin continued to see outflows. Altcoins like […]

Weekly Forex Predictions for August 31 – September 05 (Charts)

Weekly Forex Predictions for August 31 - September 05 (Charts)

On the 24th, I noted some of the top deals for the week: The S&P 500 index has consistently shown daily levels exceeding 6,471 in New York, with a slight 0.16% drop this past week. For those being more cautious, gold is a long position if it exceeds daily marks of $3,433 or $3,500 in […]

Weekly Currency Exchange Outlook – August 17th – August 22nd (Charts)

Weekly Currency Exchange Outlook - August 17th - August 22nd (Charts)

Created on August 17, 2025 Bitcoin saw a notable recovery earlier this week, crossing the $120,000 mark, although it began to show signs of fatigue. The current candlestick formation resembles a shooting star, indicating that Bitcoin might not be poised for significant gains just yet. A pullback seems reasonable, especially as summer winds down. There’s […]