Mortgage rates surge to highest level since July
Mortgage rates continued to move higher Tuesday on uncertainty over the war with Iran. They are at the highest level since last July.
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Investors are all-in on stocks, and a June swoon could be next, BofA says

Investors are at the lowest cash levels since February 2024, just one sign that a market pullback could be coming this summer, warns a BofA survey of fund managers.
Home Depot says core shopper is resilient in the face of higher gas prices, sales rise 5%
Home Depot beat Wall Street’s expectations on the top and bottom lines, even as some shoppers pulled back on larger projects.
I inherited a house. My CPA says I should sell within a year to avoid capital gains. Is he right?

“We plan to sell it to another family member for the appraised value.”
The bond market has a warning for the Fed: Get serious about inflation and potential rate hikes ASAP

Tough talk from the Federal Reserve about rate hikes may be needed to ease the Treasury market’s rout.
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What NextEra and Dominion’s giant utility merger means for your electric bill

Three-quarters of Americans say their home energy costs have climbed in recent years
JPMorgan's summer reading list for the wealthy includes books on AI, leadership and lemons
JPMorgan’s annual summer reading list, which has become the go-to selection of beach books for the wealthy, has 14 titles this year.
Ford takes its first big step toward being an energy business

Ford just inked a deal with a French electric-utility company.



