Mortgage rates have experienced some mild ups and downs over the past few days, but overall have held relatively steady. But rates are still dramatically higher than they were at this point last year, when the average 30-year fixed mortgage rate was at 2.78%. Now that rate are over two percentage points higher, many hopeful…
Investors are expecting a 75-basis point hike by the Fed on Wednesday. (Photo by Michael M. Santiago/Getty Images) US futures gained strength Monday ahead of a busy week comprising the Fed meeting and earnings. The market largely expects a 75-basis point rate hike, but fears of recession are growing. Meanwhile, oil prices extended last week’s…
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Former US Treasury Secretary has long warned about high inflation and slowing growth. JIM WATSON/Getty Images Former Treasury Secretary Larry Summers has said there’s a “very high likelihood” of a US recession. His comments to CNN came ahead of the release of second-quarter US growth figures and a key Fed decision. He said Sunday the…
A man in a military uniform in a burning wheat field as Russian troops shell fields to prevent local farmers from harvesting grain crop in the Polohy district of Ukraine’s Zaporizhzhia region on July 17, 2022. Dmytro Smolyenko/ Ukrinform/Future Publishing via Getty Images Russia’s invasion of Ukraine has reduced the global food supply, with NGOs…
Rishi Sunak and Liz Truss at the ITV Leadership Debate on July 17, 2022. Jonathan Hordle /ITV via Getty Images The Tory leadership contest is becoming increasingly fractious, with an MP “muting” a minister. Nadine Dorries attacked Rishi Sunak, who hopes to succeed Boris Johnson, over expensive clothes. Angela Richardson, a Sunak supporter, slapped down…
Air Canada operates 55% of all flights from Toronto Pearson International Airport, according to FlightAware. NurPhoto / Contributor / Getty A passenger was embarrassed after she was left with sweatpants during a 15-day cruise, per the WSJ. Rosmarie Buxbaum traveled on an Air Canada flight and then boarded a cruise ship. Her baggage was left…
In something out of Black Mirror meets Queen’s Gambit, a chess robot accidentally broke the finger of its seven-year old opponent during an exhibition in Moscow, The Guardian reported. The child apparently moved his piece too soon and the robot grabbed his finger and squeezed it, causing a fracture before help could arrive. “The robot…
Daredevil will return to our TV screens in spring 2024 with Disney+ and Marvel Studios to make a new season. Called Daredevil: Born Again, it will once again pit the man without fear against Kingpin in a show more closely tied into the Marvel Cinematic Universe (MCU). Here’s everything we know about it so far….
Netflix is rolling out an update for its iPhone and iPad apps which will allow new subscribers to choose a plan and subscribe through a link to its own website. In previous years, it’s a feature Apple wouldn’t allow Netflix to take advantage of, since it would mean circumventing the in-app purchase link that works…