The biggest sports betting exchange-traded fund rallied as New York Governor Andrew Cuomo announced that he will support legalizing these wagers to help fill the state’s nearly $16 billion budget deficit.

JPMorgan Chase & Co. and other large U.S. banks climbed in early Wednesday trading, along with shares of solar, clean-energy and cannabis companies, after the Democrats closed in on control of the U.S. Senate.

While the relentless spread of the coronavirus drove the equity market lower on Monday, there were also signs investors are preparing for a greater possibility that Democrats will gain control of the U.S. Senate.

Chinese stocks listed in the U.S., including China Telecom Corp. and Pinduoduo Inc., fell on the prospect of further sanctions that would remove more of the Asian nation’s biggest companies from American stock exchanges.

30-year fixed-rate mortgage averages 2.66% for the week ending Dec. 24, down from 2.67% in the prior week and 3.74% at this time a year ago, according to the Freddie Mac

As the pandemic spread in 2020, thousands of U.S. stores, restaurants, and gyms closed temporarily or permanently, hotel rooms went unused, and office workers stayed at home. That put pressure

Few, if any, economists expect the Fed's monetary policy-making arm to alter policy on Wednesday, but eyes will be pealed on the FOMC's guidance, economists said.They see the Fed tying

30-year fixed-rate mortgage rate averages 2.71% in the week ending Dec. 10, 2020, unchanged from the prior week and down from 3.73% at this time a year ago, according to the

30-year fixed rate mortgage averages 2.72% for the week ending Nov. 19, 2020, its lowest level in the Freddie Mac Primary Mortgage Market Survey's history dating back to 1971.Compares with

30-year fixed-rate mortgage averages 2.84% for the week ending Nov. 12, 2020 vs. 2.78% in the prior week and 3.75% at this time a year ago, according to the Freddie

PGZ holds the riskier tranches of commercial mortgage-backed securities (CMBS).The fund just reduced its distribution by -27%, from $0.11 to $0.08 per month.The forward yield of 8.8% on market price (6.6% on NAV) should be stable for the time being.The - 24.78% discount provides a wide margin of safety.

MEXICO CITY, Dec 5- Mexican broadcaster Grupo Televisa won an injunction against Walt Disney Co's acquisition of Twenty-First Century Fox Inc's assets in Mexico, but Mexico's market regulator said on Thursday that the ruling would not stall the deal. Televisa

MEXICO CITY, Dec 5- Mexican broadcaster Grupo Televisa has won a federal injunction against Walt Disney Co's acquisition of Twenty-First Century Fox Inc's assets in Mexico, a Televisa representative said on Thursday, a move that could at least temporarily stal

Hedge fund titan Steve Cohen in talks to increase stake in the New York Mets, his family office says.

Celebrities and entertainment executives have poured money into Pete Buttigieg's campaign, and he may be poised to benefit further after Kamala Harris dropped out.

Mellody Hobson, co-CEO and president of Ariel Investments, is a fierce advocate for financial literacy. Here's what she thinks needs to be done.

While homeowners often borrow equity in their homes for expenditures such as home improvements, car payments, or medical bills, recently it seems this trend has reversed. Despite broadening equity percentages in many homeowner markets, homeowners are nonet...

Amid a more sanguine outlook for U.S. interest rates this year, which is helping steady mortgage applications, investors are seeking lower risk, yield-driven strategies, including exchange traded funds ...