Mortgage market slows as interest rates rise on shortened holiday week, MBA survey says

Mortgage rates started to rise last week before falling once again. This uptick caused a slowdown in new mortgage applications, especially for mortgage refinances. (iStock) The mortgage market slowed down slightly over Memorial Day week, according to the Mortgage Bankers Association's latest weekly mortgage applications survey.  The survey measured mortgage applications for the week ending […]

Today's mortgage refinance rates open week holding firm at unprecedented lows | June 14, 2021

Check out the mortgage refinancing rates for June 14, 2021, which are unchanged from last Friday. (iStock) Based on data compiled by Credible, current mortgage refinance rates remained unchanged for the fourth day in a row, continuing a year-long trend of historic lows. 30-year fixed-rate refinance: 2.750%, Unchanging 20-year fixed-rate refinance: 2.625%, Unchanging 15-year fixed-rate […]

The State Where People Had The Fewest Kids In 2020

The birth rates of several of the world’s largest nations have started to drop. Japan is one case in point. The size of its entire population may actually start to fall in the coming decades. Its current birth rate is only 1.4. Even China has a problem. The world’s largest nation by population is home […]

The best and worst state economies in 2021

Kansas Senator: Biggest factor on state economy is people unwilling to work Kansas Sen. Roger Marshall weighs in on enhanced unemployment benefits, economic recovery, infrastructure spending and reconciliation.  The U.S. economy took a major hit the past year due to the coronavirus pandemic, but certain states handled the crisis differently and are contributing more to […]

Cruise lines say no change in sailing plans despite new COVID cases

More On: cruises Passengers test positive for COVID on fully-vaxxed Royal Caribbean cruise Royal Caribbean cruises making waves with COVID vaccination plans Man who beat wife to death on family cruise sentenced to 30 years in jail Oh, ship: Florida threatens cruise lines over COVID vax mandates Royal Caribbean and Carnival will push ahead with […]

Nantucket restaurant desperate to fill jobs, hiring 8th graders

Restaurants offer hiring incentives amid labor shortage Straight Wharf Restaurant chef and partner Gabriel Frasca discusses the decision to offer hiring incentives and how the labor shortage is impacting restaurants in Nantucket, Massachusetts. The nationwide worker shortage has hit a new extreme for Nantucket chef Gabriel Frasca who admitted on "Cavuto: Coast to Coast" Thursday […]

Half of pandemic unemployment money may have been stolen: report

More On: fraud Former Olympic figure skater charged in $1.5M COVID relief scam Man impersonated Trump family to raise thousands of dollars, feds say Women accuse acting coach of holding auditions for fake stripper roles on popular show Elizabeth Holmes’ taste for travel, celebrity admissible evidence in Theranos trial Fraudsters may have plundered as much […]

Jobless claims drop to new pandemic low

What investors should listen for during Fed Chair Powell’s address JP Morgan Funds chief global strategist David Kelly shares insight on market movement amid federal reserve forecasting. The number of Americans filing for first-time jobless claims has fallen for its sixth straight week to a new pandemic low, according to the Labor Department. LABOR SECRETARY […]

Campbell Soup Trims FY21 Outlook – Quick Facts

While reporting financial results for the third quarter on Wednesday, Campbell Soup Co. (CPB) trimmed adjusted earnings and net sales guidance for the full-year 2021, to reflect third-quarter results and the impact of the sale of the Plum baby food and snacks business. For fiscal 2021, the company now projects adjusted earnings in a range […]