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 …
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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 …
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American Airlines AAL, -1.98% It has come under scrutiny for its decision not to block intermediate seats on flights in the name of preventing coronavirus transmission, but many other airlines have taken the same stance. The airline announced last week that starting Wednesday, July 1, it will resume booking flights …
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An emerging strain of flu in China is drawing scientists’ attention just as the world is battling the worst pandemic since the 1918 Spanish flu. Chinese researchers identified a new strain of influenza that is infecting pigs in China and that has characteristics of the so-called swine flu, or H1N1, …
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It has been the best and worst time for US equities benchmarks in the past two quarters, and that is perhaps the reason why Wall Street analysts face their most perplexing challenge yet. The Dow Jones Industrial Average DJIA, + 0.84% and the S&P 500 SPX, + 1.54% According to …
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