Could average mortgage rates fall below 3%? If the recent trend continues, it is a clear possibility. The 30-year fixed-rate mortgage averaged 3.07% for the week ending July 2, six basis points less than the week before, Freddie Mac FMCC, + 1.59% reported Thursday. In comparison, these loans had an …
Read More »Pfizer’s shares rise as the company reveals the timeline for the coronavirus vaccine.
Text size Daniel Acker / Bloomberg Shares of the large pharmaceutical company Pfizer continue to rise one day after the company revealed promising and detailed data on a trial of its experimental vaccine Covid-19. Analysts said the highly aggressive timeline the company outlined on Wednesday was exciting, but far from …
Read More »‘All of these advertisers will be back soon’
Posted: Jul 2, 2020 at 7:50 am ET Mark Zuckerberg, CEO of Facebook Inc., speaks during the Silicon Slopes Technology Summit in Salt Lake City, Utah, on January 31. Bloomberg news Hundreds of companies around the world have joined a temporary boycott against Facebook Inc., but CEO Mark Zuckerberg says …
Read More »Twitter removes Trump’s image tweet about NYT copyright complaint
(Reuters) – Twitter Inc withdrew an image tweeted by United States President Donald Trump from his platform after receiving a copyright complaint from the New York Times. FILE PHOTO: President of the United States, Donald Trump, in West Palm Beach, Florida, USA, January 3, 2020. REUTERS / Tom Brenner Trump’s …
Read More »GLOBAL MARKETS: Asian stocks poised to track US gains, but Hong Kong concerns weigh
NEW YORK, July 1 (Reuters) – Asian stocks were due to follow Wall Street gains on Thursday as investors cheered on signs that the world economy was emerging from hibernation due to coronavirus, although trade is likely already low that new concerns about Hong Kong keep investors cautious. Also adding …
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