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Market News

Tanker ship unloading oil barrels onto truck with sunset sky and looming oil rig
Posted inBusiness News Market News

Oil Prices Drop to Lowest Since 2021 as WTI Slips to $55 a Barrel

Posted by Isaac Y. Thornwell December 23, 2025
Oil prices on Tuesday fell to their lowest level since early 2021, with U.S. benchmark West Texas Intermediate trading at about $55 per...
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Ticker tape scrolling on a giant outdated screen with crumbling stock market boards and scattered AI chips below
Posted inBusiness News Market News Tech News

AI Stock Slumps Drag Wall Street Into Fourth Straight Loss

Posted by Morgan J. Carter December 23, 2025
More drops in artificial‑intelligence shares pulled the U.S. market lower on Wednesday, marking the fourth straight day of decline for...
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Suburban street displays manicured lawns with a mid-century home and bright red front door under a clear blue sky.
Posted inBusiness News Market News

U.S. Mortgage Rates Edge Lower, Refinancing Hits High

Posted by Aiden V. Crossfield December 22, 2025
The average rate on a 30‑year U.S. mortgage edged lower this week, staying close to its low for the year. Freddie Mac reported the rate fell to 6.21%...
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Diverse team brainstorming around table with laptops and papers with light from windows over cannabis grow facility.
Posted inBusiness News Industry Update Market News

Trump Executive Order Aims to Reclassify Cannabis, Sending Stocks into Mixed Reactions

Posted by Brianna Q. Lockwood December 22, 2025
President Donald Trump's executive order to reclassify cannabis as a Schedule III drug has sparked mixed reactions in the sector, as stock prices...
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Investors gather around a glowing screen with the S&P 500 graph on a bustling Wall Street trading floor at dawn
Posted inBusiness News Market News Tech News

U.S. Stocks Rebound on Strong Inflation Data and Micron’s Earnings Boost AI Sentiment

Posted by Fiona Z. Merriweather December 22, 2025
A week after a quiet trading session, the U.S. stock market jumped on Thursday as investors digested a surprisingly mild inflation report and a...
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Real estate agent looking at house with Sold sign and open door into sleek living room
Posted inBusiness News Market News

November Home Sales Slip 1% From Year Ago as Prices Hit Record High

Posted by Hannah E. Clearwater December 22, 2025
November's existing home sales slipped 1% from a year ago, even as the median price climbed to a record $409,200. The shift comes after a seasonally...
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Wall Street traders watching sharp tech stock graph with glowing screens and orange dusk lighting
Posted inBusiness News Market News Tech News

Stocks Rise on Friday as Tech Giants Lead Gains

Posted by Fiona Z. Merriweather December 22, 2025
Stocks climbed on Friday, marking the second straight day of gains that erased earlier weekly losses. Technology shares, especially those tied to...
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Homebuyer standing in front of a worn wooden door with a mortgage calculator on the doorstep
Posted inBusiness News Market News

Mortgage Rates Set to Hover Near 6% in 2026, Offering Only Modest Relief for Homebuyers

Posted by Morgan J. Carter December 20, 2025
In a recent analysis of the housing market, experts predict that the 30‑year fixed mortgage rate will stay close to 6% next year, offering only a...
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Investor staring at plummeting oil prices on screen with dimly lit trading floor and warm glow and blurred dusk cityscape
Posted inBusiness News Market News Tech News

Mixed Market Day as Oil Prices Tumble and AI Stocks Stall

Posted by Morgan J. Carter December 19, 2025
U.S. stocks slipped on Tuesday as oil prices tumbled to 2021 lows, leaving the S&P 500 just below its recent peak. Market Overview The S&P 500...
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Investors huddle around tables with glowing screens and a central stock ticker on the dimly lit trading floor.
Posted inBusiness News Market News Tech News

Wall Street Slips on Quiet Monday as Traders Await Key Economic Data

Posted by Morgan J. Carter December 18, 2025
Wall Street moved quietly on Monday as traders awaited key U.S. economic data that could shape the Federal Reserve’s next interest‑rate...
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