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  • Why you need to eye the S&P 500's 200-day moving averge
    Brian Shannon of Alpha Trends says the 200-day moving average on the S&P 500 may hold the answer to what's next.
  • FedEx expects record peak volume of 22.6M packages on Dec. 15
    Package delivery company FedEx Corp on Wednesday forecast a record holiday season this year, with 22.6 million shipments expected for its anticipated peak day on Dec. 15. With the rise of e-commerce, FedEx's annual peak has nearly doubled since 2007, when it moved 11.5 million packages on Dec. 17. Last year a later-than-usual surge before the holidays left an estimated 2 million packages stranded on Christmas Eve, a problem that affected Atlanta-based United Parcel Service Inc far more than FedEx. "We're very proud of our performance last year when we faced the most challenging weather in our company's history," said Patrick Fitzgerald, vice president of integrated marketing and communications at FedEx.
  • Slump in mortgage rates fails to rally home buyers
    Mortgage rates dropped to their lowest level, causing an 11.6 percent jump in mortgage applications, according to the Mortgage Bankers Association.

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