The coronavirus pandemic has led to a dramatic decline in mortgage rates. But that doesn’t mean that now is a good time to refinance for everyone. Last week, Freddie Mac FMCC, -0.94% It reported that mortgage rates hit a new record low for the fourth time this year, with the …
Read More »T-Mobile Announces Rights Offering for Nearly 20 Million Shares
T-Mobile US Inc.TMUS, + 1.18% issued a prospectus on Wednesday detailing an offer of rights to up to 19.75 million common shares in the company. Subscription rights are worth up to $ 2.03 billion. The company said the total number of outstanding shares of its common stock before and after …
Read More »Disney delays reopening of Disneyland and other California theme parks
The Walt Disney Co. DIS, -3.87% It is delaying the reopening of its California theme parks, including Disneyland, which was slated to begin reopening on July 17. “Given the time required for us to bring thousands of cast members back to work and restart our business, we have no choice …
Read More »Stock market investors are suddenly scared by the rapidly increasing number of coronavirus cases in the United States.
Outbreaks of COVID-19 cases in the US USA They have delivered a new bowel control to the bulls on Wall Street, following an unprecedented rebound in the market from a coronavirus recession in March. Cases in the South and West of the US USA They have accelerated and threaten to …
Read More »Oil prices fall more than 5% on the rise in coronavirus cases and a third consecutive weekly rise in US supplies. USA
Oil prices lost more than 5% on Wednesday as evidence of an increase in coronavirus cases in many countries raised questions about efforts to restart global economies and data from the US government. USA They reveal a third consecutive weekly increase in national crude inventories. “The real concern is the …
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