Author: Money Mechanics

All three main U.S. stock market indexes spiked after the Federal Open Market Committee announced a 25 basis point cut to the target range for the federal funds rate, but quickly fell back into their intraday ranges and closed mixed.Factors other than monetary policy figured into a relatively stable trading session, as the world’s most important stock suffered another trade war blow.As was nearly 100% certain heading into the announcement, the FOMC cut interest rates by a quarter point to a range of 4.00% to 4.25%. Its Summary of Economic Projections – or “dot plot” – reflects a similar move…

In this article, we will be taking a look at the 12 Cheap Healthcare Stocks to Buy Now. Pfizer Inc. is one of them. Pfizer Inc. (NYSE:PFE), a global pharmaceutical leader, continues to advance innovative medicines and vaccines across oncology, immunology, rare diseases, and more. The company gained worldwide recognition for its COVID-19 vaccine developed with BioNTech, a major contributor to pandemic response efforts. A key recent development is the positive Phase 3 topline data for Pfizer Inc. (NYSE:PFE)’s LP.8.1-adapted COVID-19 vaccine 2025-2026 formula, announced on September 7, 2025. The updated vaccine demonstrated at least a four-fold increase in neutralizing antibody…

NVIDIA Corporation NVDA shares are trading lower Wednesday after China reportedly banned its leading technology companies from procuring the company’s artificial intelligence (AI) chips.What To Know: The Cyberspace Administration of China has directed major firms, including ByteDance and Alibaba, to halt testing and orders of Nvidia’s RTX Pro 6000D. The chip was designed specifically for the Chinese market but is now restricted under the new guidance.The directive also applies to Nvidia’s H20, another chip widely used for AI in China. Regulators said domestic semiconductors have reached performance levels comparable to Nvidia’s offerings in the Chinese market.Following the announcement, companies instructed…

Henry Hub prices stabilized near $3 after testing annual lows above $2.60 per MMBtu. Weather-driven cooling demand supports gas consumption, while rapid storage injections limit price spikes. Key resistance sits at $3.20, with potential upside to $3.60 and support near $2.90–$2.60. Looking for actionable trade ideas to navigate the current market volatility? Subscribe here to unlock access to InvestingPro’s AI-selected stock winners. After hitting this year’s lows just above $2.60 per MMBtu, Henry Hub prices have stabilized around the $3 mark. Higher demand for cooling due to weather is supporting prices, but this is balanced by growing storage surpluses in…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. September 17, 2025 Federal Reserve Board and Federal Open Market Committee release economic projections from the September 16-17 FOMC meeting For release at 2:00 p.m. EDT The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the September 16-17 meeting. For media inquiries, email [email protected] or call 202-452-2955. Projections (PDF) | Accessible Materials Last Update: September 17, 2025 Source link

Brokers, do you know where your agents’ referrals are coming from? McClelland said his research has found that over 30% of buy-side deals came from leads agents paid for from third-party referral companies.  “I tell brokerage companies, if you’re going to run a study on your firm, that’s one of the studies you need to run,” he said. “You say, all right, wait a minute. Where did these deals come from? Because we all think, it’s the agent. That the agent originated it — not so much anymore.” According to the 2025 NAR Member Profile, the typical Realtor earns 20%…

Key Takeaways Google searches for “help with mortgage” (searched without quotes) have nearly met the number of searches for that phrase during the Great Recession, but that doesn’t mean a housing market collapse is coming.The Google Trends data could be conflating searches related to renters struggling to buy a home, one analyst said.Mortgage delinquencies, which rose dramatically during the financial crisis, are low. The number of Google searches for “help with mortgage” (searched without quotes) is almost as high as it was during the Great Recession. That alarming stat went viral on Wednesday—even Sen. Elizabeth Warren sounded the alarm—but it…

(Oil Price) – Chevron and state-owned Israel Natural Gas Lines Ltd have signed an agreement to build a natural gas pipeline from Israel’s giant Leviathan gas field to Egypt, Leviathan project participant NewMed Energy has said. Chevron’s unit Chevron Mediterranean Limited, the operator of the Leviathan Project, agreed with Israel Natural Gas Lines to provide transmission services for the flow of natural gas from the Leviathan reservoir to Egypt through the Nitzana Project. The project is for onshore connection between the Israeli transmission system and the Egyptian transmission system in the Nitzana area, said NewMed Energy, which leads a partnership with a…

Key Takeaways The average 401(k) balance for 50-year-olds provides a helpful benchmark for retirement planning, but the numbers vary by plan provider. Your 401(k) balance is influenced by several factors, including market performance, time, discipline, and contribution limits. Experts recommend specific savings targets for those in their 50s to ensure retirement readiness. If you feel you’re behind on your retirement savings journey, consider catch-up strategies like maxing out contributions or leveraging your home’s equity. The average 401(k) account balance for people in their 50s ranges from $199,900 to $592,285, depending on which retirement plan provider’s data you look at. While…

Key Takeaways You measure net worth by subtracting liabilities from assets.You can compare your net worth with your peers once you know your net worth.You don’t need a big income to achieve a good net worth, but you will need good savings habits.You can improve net worth by increasing income, bolstering savings, lowering spending, and paying down debt. Calculating your net worth is a way of measuring your financial health. You can check it every few months to see how well you are moving ahead or falling behind on financial goals. It is also a good indicator of how you…