Apple stock (AAPL) trending news again, as it plunged below $500 a share at $499.22, down $10.57, or 2.07% in trading early Monday morning for the first time before recovering to a price of $518 a share at close and $532.52 at the time of this post (12:44EST) on Tuesday. … [Read more...]
Rumors that John Boehner Will Give into Higher Tax Rates are Circulating
President Barak Obama and House Speaker John Boehner will continue fiscal cliff talks at the White House as of Monday morning according to reports issued from the White House. The meetings, however, remain shrouded in a sense of anticipation, however, as no other information was … [Read more...]
Freddie Mac Reports Mortgage Interest Rates Near Record Low
As of Thursday, Freddie Mac has reported that interest rates have reached near record lows, with rates on 30 year mortgages dropping as low as 3.32 percent from last week’s average of 3.34 percent and last year’s average fixed rate of 3.94 percent. This means rates are hovering just … [Read more...]
Fiscal Cliff Looming Over US as Tax Increase Battle Heats Up
With the fiscal cliff looming ever nearer, talks between Republican House Speaker John Boehner and President Barak Obama are appearing to increase in tension. Reports indicate that the wedge issues that cannot be resolved in negotiation are tax hikes for the wealthiest 2 percent of … [Read more...]
