If you’re in the process of refinancing your mortgage, you may end up paying more than you expected. Fannie Mae FNMA, +0.93% and Freddie Mac FMCC, +0.70% said Wednesday that they will start charging a 0.5% “adverse market fee” on all refinances, including both cash-out and non-cash-out refis. The new fee goes into effect Sept. […]
This article is reprinted by permission from NextAvenue.org. Life transitions can be jarring at any age, but they often pile on top of each other in your 50s and 60s. Transitioning to retirement…to empty-nesterhood…perhaps to a single life…living through a health trauma. Heck, it’s partly why our site is called Next Avenue. Bruce Feiler, author […]
What can the U.S. do differently? Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, delivered some blunt messages to the public during an online video interview with actor Matthew McConaughey. There are three key reasons why many island nations and Asian countries, such as New Zealand, Singapore and South Korea, […]
Rainbow, North East England. Owen Humphreys/Zuma Press Goldman Sachs has gotten on the bandwagon in terms of thinking defaults by speculative or “junk” rated U.S. companies won’t get a whole lot worse this year. Analysts at the bank this week cut their default forecast for the sector to 10.5% from 13% for the full year, […]
Hope you have a good weekend, MarketWatchers. And don’t miss these top stories: Personal Finance I’m still waiting on my FIRST stimulus check. When will I get it? ‘We, the qualifying taxpayers, should not have to suffer’ ‘I was the supervisor of the department that processed and reconciled parking citations. Since mid-March, the number of […]
The bottle:Santa Teresa 1796 rum (special Crafted Together edition), $48 The back story: Almost needless to say, these are challenging times for those in the bar business, with many drinking spots across the globe remaining closed because of pandemic restrictions. As a result, Santa Teresa 1796, a higher-end Venezuelan-made brand of aged rum from a […]
China bought less than one-fourth of its promised $36.6 billion yearly U.S. agriculture import target in the first half of 2020, China customs data showed. There is still time to meet the commitment, however, and strong demand could push China to make record-level soybean and corn purchases this year, analysts said. The U.S. government is […]
“Fortnite” creator Epic Games is geared up for a bona fide dust-up against Big Tech, and it is winning the support of other prominent app developers in the process. Spotify Technology Inc. SPOT, -0.92% and Match Group Inc. MTCH, +1.15% recently issued statements in support of Epic, which filed suit against Apple Inc. AAPL, -0.08% […]
A former FBI lawyer plans to plead guilty to falsifying a claim made to sustain government surveillance on a key figure in former special counsel Robert Mueller’s investigation of Russian meddling in the 2016 election, according to court documents. It is the first legal development to come from a review of the Mueller team’s work, […]