A sign advertising home mortgage services at a Bank of America branch in Manhattan Beach, Calif. Patrick T. Fallon | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage hit 7.22% Thursday, according to Mortgage News Daily. That’s the highest point since early November. Mortgage rates follow loosely the yield on
Month: July 2023
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Motor Company’s electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty Images DETROIT – Ford Motor‘s second-quarter sales increased 9.9% from a year earlier, spurred by significant
Qatar Airways logo is seen on a plane model. Nurphoto | Nurphoto | Getty Images Qatar Airways announced record annual revenue Thursday after the company’s finances were bolstered by the FIFA World Cup, which was hosted in Qatar last year. Qatar Airways Group reported that passenger revenue was up 100% during its fiscal year 2022/23,
The exterior of Sweetgreen’s Naperville location Source: Sweetgreen Check out the companies making headlines before the bell: JetBlue Airways — JetBlue Airways declined 1.3% in premarket trading after the company said it would end its partnership in the northeastern U.S. with American Airlines and focus on Spirit Airlines. Shares of American Airlines declined about 0.9%,
Inflation may have started to ease, but it remains well above most consumers’ comfort level, and spending has slowed considerably, recent reports show. The core consumer price index for May was at 5.3%, while the personal consumption expenditures price index increased just 0.3% for the month when excluding food and energy. “The bottom line is everybody is
U.S. President Joe Biden is joined by Education Secretary Miguel Cardona as he announces new actions to protect borrowers after the Supreme Court struck down his student loan forgiveness plan in the Roosevelt Room at the White House on June 30, 2023 in Washington, DC. Chip Somodevilla | Getty When federal student loan payments finally
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT 2024 Chevrolet Silverado HD ZR2 GM DETROIT – General Motors’ U.S. vehicle sales increased by 18.8% in the second quarter compared to subdued results a year ago when the automaker was battling supply chain issues. The Detroit automaker reported sales Wednesday of 691,978 new vehicles
In this article META MRNA WOLF DWAC Follow your favorite stocksCREATE FREE ACCOUNT Meta Verified displayed on mobile with Meta on screen, seen in this photo illustration, on February 27, 2023 in Brussels, Belgium. Jonathan Raa | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Meta Platforms — Shares of
Travelers looking for a three-Michelin-starred meal in Andalusia will inevitably end up at Aponiente. It’s the only restaurant in the region with the distinction. The restaurant, located in the heart of the Bahia de Cadiz Natural Park, is helmed by Chef Angel Leon. Unlike most Michelin-starred restaurants where seasons inform the menu, Leon’s muses are
Damircudic | E+ | Getty Images Scammers are likely to target student loan borrowers after the Supreme Court struck down the Biden administration’s debt forgiveness plan Friday and as loan repayments are poised to restart in the fall, according to the Federal Trade Commission. Scammers often “take advantage of confusion around big news like this,”
In this article JBLU AAL Follow your favorite stocksCREATE FREE ACCOUNT American and JetBlue flights prepare to take off at Los Angeles International Airport, Jan. 11, 2023. Carolyn Cole | Los Angeles Times | Getty Images JetBlue Airways said Wednesday that it will end its partnership in the northeast U.S. with American Airlines after a
Almost all Federal Reserve officials at their June meeting indicated further policy tightening is likely, if at a slower pace than the rapid-fire rate increases that had characterized monetary policy since early 2022, according to minutes released Wednesday. Policymakers decided against a rate increase amid concerns over economic growth, even though most members think further
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