How to remove PMI from your mortgage

Once you reach 20% equity in your home, you can ask your lender to cancel PMI or refinance to a loan without it. (iStock) For many homebuyers, private mortgage insurance is an unavoidable expense. PMI protects your lender in case you default on your mortgage, and it typically increases your monthly mortgage payment.  The good […]

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NASHUA, N.H. — Christina Darling finally replaced her 2006 Chevrolet Equinox after it broke down several times while picking her children up from day care. But the 31-year-old mother of two was struggling to keep up with the car payments. Brianne Walker desperately wanted to take her three children and two siblings camping for the […]

The Hamptons is getting too expensive for locals: report

Fox Business Flash top headlines for July 30 Check out what’s clicking on Affluent Hamptons residents are struggling to keep up with their new superrich neighbors — who hightailed it from Manhattan to the East End during the pandemic. "There’s so much money now it’s nauseating," a longtime Amagansett homeowner told Vanity Fair. "I’m […]

Worker Pay Rises As Employers Fight To Fill Open Jobs

WASHINGTON (AP) — Wages and salaries rose at a healthy pace in the three months ended in June as employers competed to find enough workers to fill millions of available jobs. Pay increased 1% in the second quarter for workers in the private sector, the Labor Department said Friday. That’s down slightly from 1.1% in the […]

Tokyo Olympics Off To A Subdued Start

After year-long delay caused by the pandemic, the Tokyo 2020 Olympic Games got off to a subdued start Friday. Japan’s Emperor Naruhito declared the Games opened at a ceremony held at the mammoth New National Stadium largely behind closed doors. Besides the athletes and officials, the opening ceremony was watched by about 950 people in […]

Jerome Powell: Fed is confident inflation rates will go down

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)As the global economic recovery from the pandemic gathers steam, big businesses are grappling with a formidable problem: What to do about rising prices? What’s happening: On earnings calls across […]

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In June, the G7 pledged 870 million COVID-19 vaccine doses to COVID-19 Vaccines Global Access, or COVAX, to help it meet its two billion vaccine goal for lower- and middle- income countries by the end of 2021. The global vaccine-sharing initiative is pooling funds and vaccines to distribute to 92 low- and middle- income countries […]

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Siteman Cancer Center at Barnes-Jewish Hospital and Washington University School of Medicine in St. Louis is planning a new, nine-story facility on the Washington University Medical Campus dedicated solely to outpatient cancer care. The facility will provide a central home for nearly all aspects of advanced cancer care for outpatients, improving the experience and comfort […]

Cuomo begs businesses to return to NYC after devastating shutdown

Fox Business Flash top headlines for July 29 Check out what’s clicking on New York Gov. Andrew Cuomo is calling for companies to end remote work and bring staff back to the office by Labor Day in order to support local businesses, or New York City will suffer. In a virtual meeting with the […]

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Mexico recorded more than 200,000 deaths from the coronavirus in 2020—35 percent more than originally reported by the government, the national statistics institute said Thursday. According to preliminary figures based on administrative records, 201,163 deaths from COVID-19 were registered in Mexico last year, INEGI president Julio Santaella said on Twitter. That compares with the health […]