By David McMillin From Bankrate.com Just 17 percent of Americans believe it’s a good time to buy a home, according to a recent survey from Fannie Mae. Between higher mortgage rates, still-high home prices and broader inflationary pressure, putting off buying a home might be the only option for some. What happens if you wait, though?…
How Much Will a House Cost by 2030? Predictions and Tips to Start Saving
Closing Prices for Crude Oil, Gold and Other Commodities (Sept. 29)
September 29, 2022
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Benchmark U.S. crude oil for November delivery fell 92 cents to $81.23 a barrel Thursday. Brent crude for November delivery fell 83 cents to $88.49 a barrel. Wholesale gasoline for October delivery fell 7 cents to $2.51 a gallon. October heating oil fell 4 cents to $3.41 a gallon. November natural gas fell 9 cents…
How Major US Stock Indexes Fared Thursday Sept. 29, 2022
Stocks are back to falling on Wall Street as worries about a possible recession and rising bond yields put the squeeze back on markets. The S&P 500 fell 2.1 percent Thursday, reaching its lowest level since late 2020. The washout erased the index’s gains in a big rally the day before. The Dow Jones Industrial…
Own Rental Property? Here Are Some Tax Deductions
During inflationary times, real estate can act like a hedge against inflation. It can also provide some stability if a recession turns to stagnation. But remember, even when inflation is roaring, people still need housing. It’s common knowledge that a mortgage’s interest can be deducted on a primary residence. But what about rental property? What…
How Major US Stock Indexes Fared Wednesday Sept. 28, 2022
Stocks on Wall Street soared to their first gain in more than a week as some calm returns to financial markets around the world. The S&P 500 jumped 2 percent Wednesday for its best day in seven weeks. That snapped Wall Street’s longest losing streak since the coronavirus crash in February 2020. Bond markets globally…
Closing Prices for Crude Oil, Gold and Other Commodities (Sept. 28)
September 28, 2022
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Benchmark U.S. crude oil for November delivery rose $3.65 to $82.15 a barrel Wednesday. Brent crude for November delivery rose $3.05 to $89.32 a barrel. Wholesale gasoline for October delivery rose 9 cents to $2.58 a gallon. October heating oil rose 19 cents to $3.45 a gallon. October natural gas rose 22 cents to $6.87…
How Major US Stock Indexes Fared Tuesday Sept. 27, 2022
Stocks ended a wobbly day with mixed results on Wall Street as markets continue to be unstable amid worries about a possible recession. The volatile trading came a day after the Dow Jones Industrial Average followed other major U.S. indexes into a bear market. The S&P 500 slipped 0.2 percent, the Dow fell a bit…
Closing Prices for Crude Oil, Gold and Other Commodities (Sept. 27)
September 27, 2022
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Benchmark U.S. crude oil for November delivery rose $1.79 to $78.50 a barrel Tuesday. Brent crude for November delivery rose $2.21 to $86.27 a barrel. Wholesale gasoline for October delivery rose 11 cents to $2.49 a gallon. October heating oil rose 13 cents to $3.26 a gallon. October natural gas fell 25 cents to $6.65…
How Major US Stock Indexes Fared Monday Sept. 26, 2022
Stocks fell on Wall Street and put major indexes deeper into a slump as recession fears grow. The S&P 500 fell 1 percent Monday. The Dow Jones Industrial Average and the Nasdaq also fell. The losses were broad and included banks, health care companies and retailers. The British pound slumped to an all-time low against…
Closing Prices for Crude Oil, Gold and Other Commodities (Sept. 26)
September 26, 2022
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Benchmark U.S. crude oil for November delivery fell $2.03 to $76.71 a barrel Monday. Brent crude for November delivery fell $2.09 to $84.06 a barrel. Wholesale gasoline for October delivery was unchanged at $2.38 a gallon. October heating oil fell 11 cents to $3.13 a gallon. October natural gas rose 7 cents to $6.90 per…
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