The coronavirus pandemic has led to a dramatic decline in mortgage rates. But that doesn’t mean now is a good time to refinance for everyone. Last week, Freddie Mac FMCC, -0.94% reported that mortgage rates hit a new record low for the fourth time this year, with the average rate on a 30-year fixed-rate mortgage […]
American drivers are likely to pay the cheapest summer prices for gasoline in four years, according to a forecast released by motorist and leisure travel group AAA on Thursday. National gas prices are likely to average near $2.25 a gallon for the third quarter of this year, representing a 15% decline from the $2.66 average […]
TOKYO — SoftBank Group Corp. Chief Executive Masayoshi Son said Thursday that he is stepping down from the board of Chinese e-commerce giant Alibaba Group Holding Ltd., effective the same day. Son’s announcement, which he made at the end of SoftBank’s 9984, -0.48% annual shareholder meeting, follows the resignation — also effective Thursday but announced […]
Flare ups of COVID-19 cases in the U.S. have delivered a fresh gut check to bulls on Wall Street, following an unprecedented market rebound from a coronavirus-ignited downturn back in March. Cases in the South and West of the U.S. have accelerated and threaten to reverse, or stall, plans to reopen economies nearly frozen for […]
SEATTLE (AP) — A collection of Seattle businesses, property owners and residents sued the city Wednesday over its tolerance of an “occupied” protest zone, saying officials have been complicit in depriving them of their rights to their property. The plaintiffs — including a tattoo parlor, auto repair shop and property management firm — emphasized in […]
The Democratic National Committee said Wednesday that Joe Biden will accept the presidential nomination in Milwaukee, but the party will urge delegates to skip the summer convention because of coronavirus concerns. The DNC said convention organizers will encourage state delegations to plan to conduct their official business remotely. The committee is developing a process to […]
As protests against police brutality and racist violence have rocked the country over the past month, the deaths of four Black men by hanging has put Black Americans on edge, raising ugly reminders of the lynchings that terrorized African-Americans during Jim Crow and the civil rights era. Robert Fuller, 24, was found hanging from a […]
Click here to read the full article. What kind of impact would land-based air defenses, increased intelligence, surveillance, reconnaissance (ISR) operations and more bomber patrols have upon U.S. deterrence efforts in the Pacific theater? Is this question taking on additional relevance and urgency in light of Chinese maneuvers near Taiwan and the South China Sea? […]
MOSCOW — After months of coronavirus-related setbacks, Russian President Vladimir Putin was set to preside Wednesday over a long-awaited military blowout to celebrate 75 years since Nazi Germany’s defeat in World War II. But as Russia emerges — perhaps prematurely — from almost three months of lockdowns to curb the spread of the virus, the […]
The quarter has been stellar, with the Nasdaq COMP, +0.74% in particular on fire, but the Russell 2000 RUT, +0.40% hasn’t been far behind. Russell 2000 — a contender. Our call of the day from Mary Lisanti, president of Lisanti Capital Growth and manager of the Lisanti Small Cap Growth Fund ASCGX, +0.42%, says “nobody […]