Treasury yields rise. Here’s how the high mortgage rates could go.

[ad_1] Text size Mortgage rates generally rise and fall in line with the yield on the 10-year Treasury, as both are influenced by investor activity in the bond market. Bing Guan / Bloomberg Mortgage rates rose this week from their all-time low. Buyers and homeowners looking to refinance shouldn’t expect them to come back down. … Read more

Consent and choice of NPR cookies

[ad_1] NPR sites use cookies, similar tracking and storage technologies, and information about the device you use to access our sites (together, “cookies”) to improve your viewing, listening, and user experience. , personalize content, personalize posts from NPR sponsors, provide social media media features and analyze NPR traffic. This information is shared with social media, … Read more

Why BlackRock CEO says retirement crisis is getting worse

[ad_1] Text size CEO Larry Fink says money is pouring into Chinese investments despite US restrictions. Simon Dawson / Bloomberg Even like Black rockof profits rose in 2020, world’s largest asset manager enjoying increased savings and investment, upcoming US pension crisis worsens, says BlackRock CEO Larry Fink. The three reasons are low interest rates, low … Read more

Trump names Xiaomi as ‘Chinese Communist military’ company

[ad_1] Mandel Ngan / Getty In the final days of his presidency, Donald Trump took on another Chinese tech giant. On Wednesday, the Trump administration officially added Xiaomi, along with eight other companies, to its list of “Communist Chinese military companies.” Companies designated as Communist Chinese Military Enterprises by the Defense Ministry are blacklisted to … Read more

Metropolitan hospitals report overwhelming COVID-19 cases, treating patients in hallways and ambulances – WSB Atlanta

[ad_1] Metropolitan hospitals report overwhelming COVID-19 cases, treating patients in hallways and ambulancesWSB Atlanta New CDC report highlights impact of COVID-19 in GeorgiaFOX 5 Atlanta COVID-19 hospitalizations hit record high in North CarolinaCBS 17 More than 5,600 people treated in hospitals in Georgia for COVID-1911Alive Georgia hospitals tackle COVID-19 outbreak as intensive care beds near … Read more

Fannie Mae and Freddie Mac may keep future profits, by agreement between Treasury and regulators

[ad_1] The Federal Housing Finance Agency and the Treasury Department have reached an agreement that will allow Fannie Mae FNMA, and Freddie Mac FMCC, -0.51% to keep their earnings for the foreseeable future. The FHFA and the Treasury have agreed to modify the preferred share purchase agreements for the shares of the two companies that … Read more

Delta confirms no-fly list for passengers heckling Senators, other airlines implementing restrictions ahead of inauguration

[ad_1] (Photo by Tim Boyle / Getty Images) To the press roomUPDATE 3:30 p.m. PT – Thursday January 14, 2021 Delta Airlines is cracking down on passengers who have been seen harassing Republican Senators Mitt Romney and Lindsey Graham – amid a wider range of restrictions. On Thursday, Delta CEO Ed Bastian confirmed that passengers … Read more

Tesla urged to recall 158,000 vehicles over potentially dangerous display failures

[ad_1] Tesla urged to recall 158,000 vehicles over potentially dangerous display failures months after Elon Musk-owned company recalled 9,500 Model Y’s with faulty roofs The National Highway Traffic Safety Administration sent a letter to Tesla Letter asks Tesla to recall 158,000 Model S and Model X vehicles All Model S cars sold in 2012-2018 and … Read more

Health workers vaccinated while driving in Santa Cruz, the elderly will be as follows – KSBW Monterey

[ad_1] Health workers vaccinated while driving in Santa Cruz, the elderly will be nextKSBW Monterey Sutter Health website crashes after start of COVID-19 vaccine appointmentsPacifica Tribune Sutter Health Now Offers COVID-19 Vaccine Appointments for Over 75 PatientsKRON4 Busy phone lines and down websites: Older people in the Bay Area hit obstacles in race to get … Read more

Stocks abandon gains, approach downside as expected supply boost plan

[ad_1] Stocks on Thursday dropped their gains and ended lower as investors awaited details of President-elect Joe Biden’s Covid-19 relief program. The Dow Jones Industrial Average dipped into the red in the last hour of trading and finished down nearly 69 points, or 0.22%, at 30,991. It hit an intraday high at 31,223. The S&P … Read more