The average starter home cost $243,000 in June, up 2% from the average price last year and up 45% from before the pandemic. Meanwhile, the average mortgage rate was 6.7% in June, up from 5.5% a year earlier. #news #finance #economics #stocks #options
In 2011, the S&P lowered the US rating from AAA to AA+, or β€œexcellent.” Later, per Reuters, this coincided with a stock market drop and a spike in interest rates for consumer-facing products like auto loans and mortgages. #news #finance #economics #stocks #options
Taco Bell was sued for false advertising. Consumers allege that Taco Bell misrepresents the amount of beef in the Crunchwrap Supreme "by at least double the amount." #news #finance #economics #stocks #options image
47% of senior tech officials who responded to CNBC say that AI will create more jobs than they destroy. #news #finance #economics #stocks #options
BREAKING: The US gross national debt has now exceeded $32 trillion, the most ever. #news #finance #economics #stocks #options
BREAKING: Harvey Jones, who has been on the Nvidia, $NVDA, board since 1993, has sold nearly 120,000 shares this week, worth $48.3 million. He has sold more than $76 million worth of $NVDA shares since the start of the month. He holds 814,330 shares still. #news #finance #economics #stocks #options image
The Nasdaq has now traded green for 8 consecutive weeks, the longest streak since November 2019. #news #finance #economics #stocks #options
Nikola, $NKLA, has laid off 150 employees. #news #finance #economics #stocks #options
The S&P500 has rose for the fifth consecutive week, which is the longest streak since November 2021. #news #finance #economics #stocks #options
At close: πŸ₯—πŸ₯—πŸ₯— https://unusualwhales.com/heatmaps #news #finance #economics #stocks #options image