Foreign buyers come with a realtor to buy a home in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Two straight weeks of new record-low mortgage rates brought consumers back to their lenders, but rates may now be off course. Mortgage application liabilities increased significantly 6.8% last week compared …
Read More »Brinker International, Tesla, Eastman Kodak
Check out the companies that make headlines for the clock: Brinker International (EAT) – The parent of the Chili restaurant chain and Maggiano’s Little Italy reported an adjusted quarterly loss of 88 cents per share, less than the $ 1.37 loss that Wall Street analysts had predicted. Revenue came in …
Read More »WeChat owner Tencent Q2 revenue raises expectations of gaming strength
Tencent Holdings Ltd. WeChat app will be displayed in the App Store on a smartphone in an arranged photo taken in Arlington, Virginia, on Friday, August 7, 2020. Andrew Harrer | Bloomberg | Getty Images Tencent on Wednesday reported results for the three months to end-June that beat analyst expectations …
Read More »Gold prices fall rising yields amid fax optimism, rising dollar
Andrew Rudakov | Bloomberg | Getty Images Gold prices tumbled further into Asian hours on Wednesday, a day after the precious metal fell during the day to a record low day. Prices fell more than 5% Tuesday to $ 1,927.39 per ounce – the worst one-day high in seven years …
Read More »UK GDP fell in the second quarter by a record 20.4%
A billboard displays official advice for testing and tracing coronavirus by the UK government. Mike Kemp | In PIctures via Getty Images The UK economy shrank by 20.4% in the second quarter of 2020, compared to the previous three months, as coronavirus-induced lockdowns hampered activity, according to preliminary figures released …
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