The shares of Nutanix Inc. were up 28% on Friday morning and on track for their biggest one-day percentage gain on record, after the cloud computing company exceeded earnings expectations for its last quarter, announced a private equity investment and announced the upcoming pension of its CEO. Some analysts took …
Read More »Mortgage rates fall again – but rising house prices mean buyers should not expect savings
Mortgage rates are still close to record lows, but that makes owning a home no longer cheaper for home buyers. The 30-year fixed-rate mortgage averaged 2.91% for the week ending August 27, falling eight basis points the week before, Freddie Mac FMCC, + 0.46% reported Thursday. The 15-year fixed-rate mortgage …
Read More »RIP Buddy: the first dog to test positive for the coronavirus in the US died
If we’re still learning how the coronavirus spreads among humans and why some people get much sicker than others, then we’ve barely scratched the surface with what it does to pets. While the number of infected animals worldwide remains relatively low, the first dog in the US to test positive …
Read More »The three key obstacles to eliminating a coronavirus vaccine
Vaccines have transformed the world, saving hundreds of millions of lives. They are also by far our best hope for stopping the Covid-19 pandemic. Our other options to stop the disease are to stay apart, which hurts our economy and society, or to build a “collective immunity” through natural infection, …
Read More »Silver: the poor man’s gold no more?
Investors have focused on a surge in record gold prices, but silver rose roughly 25% in July, the metal’s second-highest recorded monthly gain, and is still undervalued compared to the yellow metal. “Silver is often called ‘poor man’s gold’ because some of the same factors that drive gold prices up …
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