Rocket Mortgage is offering a new program that allows low- to moderate-income home buyers to put down as little as 1% on their dream home.
: Chevron to buy PDC Energy in an all-stock deal valued at $6.3 billion, at premium of nearly 11%
Chevron said Monday it will buy PDC Energy Inc. in an all-stock deal valued at $6.3 billion, or $7.6 billion when including debt.
Metals Stocks: Gold retreats, adding to losses from worst week since February
Traders wait to see how the debt-ceiling debate in Washington will shake out, as a stronger U.S. dollar has eaten away at some of the yellow metal’s gains.
Futures Movers: Natural-gas futures drop more than 7%; oil inches lower
Natural-gas futures fall by more than 7% on Monday, pulling back after a hefty gain last week, while oil prices trade a bit lower as investors tracked U.S. debt-ceiling talks.
: Venmo to roll out accounts for teens
Venmo will introduce accounts for teen users, joining Cash App and a host of other players catering to people early in their financial lives.
The Ratings Game: Micron’s stock falls after China ban. Here’s why gauging the impact isn’t so simple.
Micron shares were falling in premarket trading Monday as Wall Street tried to determine the future impact of a failed China cybersecurity review.
: PacWest sparks regional-bank rally after unveiling plan to sell loans worth $2.6 billion
PacWest Bancorp’s stock jumped 9% Monday after the bank announced asset sales that will allow it to focus on its core community-banking business.
In One Chart: What the stock market of 1945 says about the resilient performance of 2023
The S&P 500 continued to march higher even during the recession of 1945.
Need to Know: Investors rushing into stocks are wandering into a bull trap, warns Morgan Stanley Mike Wilson and others
‘Worried’ Mike Wilson, says investors have been rushing into a market that will likely turn on them. He’s not the only one.
Outside the Box: The government is making a big mistake with how it regulates bitcoin and other crypto
Blunt enforcement, not clear legislation and guidelines, is the U.S. government’s preferred method.
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