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Mortgage Rates Soar Past 7% Once Again 03/05/2023 07:00pm • Mortgage rates rose for the fourth consecutive week, with the average rate of a 30-year fixed mortgage surpassing 7% once again. Both fixed and adjustable mortgage rates climbed significantly during February as economists reacted to mixed data on inflation, the labor market and the possibility of a 'We are in limbo': Student loan borrowers still face months of uncertainty about Biden's forgiveness program 'We are in limbo': Student loan borrowers still face months of uncertainty about Biden's forgiveness program 03/05/2023 08:11am • More than 40 million federal student loan borrowers could be eligible for up to $20,000 in debt forgiveness, but they will likely have to wait several more months before the Supreme Court rules on whether President Joe Biden can implement his proposed relief program. The Supreme Court heard oral NCAA Conference Tournament Glances 03/05/2023 03:29am • Times EST (through March 11) Times EDT (March 12) America East Conference At Higher-Seeded Schools First Round Saturday, March 4 New Hampshire 67, Bryant 60 Mass.-Lowell 85, Maine 54 Vermont 84, NJIT 57 Binghamton 67, UMBC 65 Semifinals Tuesday, March 7 Vermont vs. Binghamton, 6 p.m. New Hampshire v Nelson nets winner in Arsenal comeback against Bournemouth 03/04/2023 12:48pm • LONDON (AP) â Conceding a goal after just nine seconds and going 2-0 down in the second half wasnât enough to derail Arsenalâs title bid in the English Premier League. Substitute Reiss Nelson scored the winner with a fierce volley deep into injury time as Arsenal recovered to beat Bournemouth DC United re-signs Yamil Asad for 3rd time DC United re-signs Yamil Asad for 3rd time 03/03/2023 02:43pm • For the third time in his career, Yamil Asad will be playing for the Black and Red. The Argentine midfielder signed a one-year deal to rejoin D.C. United with the option to stay on in 2024 and 2025. It is his third stint in D.C., having spent time previously in 2018 and 2020-2021. More Officials: China real estate recovering from debt crackdown Officials: China real estate recovering from debt crackdown 03/03/2023 01:12am • BEIJING (AP) â Chinaâs vast real estate industry is recovering from a slump triggered by tighter debt controls, a deputy central bank governor said Friday, after a wave of defaults by developers rattled global financial markets. Pan Gongsheng mentioned Evergrande Group, the global industryâs m Tesla gets $330M tax deal for Nevada expansion, truck plant Tesla gets $330M tax deal for Nevada expansion, truck plant 03/02/2023 09:30pm • LAS VEGAS (AP) â Tesla won more than $330 million in tax breaks from Nevada on Thursday for the company's commitment to a massive expansion of its sprawling vehicle battery facilities east of Reno, including the construction of a new electric semi-truck factory. Approval from the Governorâs Off Self-Directed IRA: Know the Risks Before Investing 03/02/2023 07:00pm • For investors who like a hands-on, do-it-yourself approach, a self-directed individual retirement account may sound like a perfect investment vehicle. But in February 2023, the Financial Industry Regulatory Authority, or FINRA, which oversees broker-dealers in the U.S., issued an alert about self-di Ways to Lower Your Student Loan Interest Rate 03/02/2023 07:00pm • On average, class of 2021 graduates who took out loans left college with $29,719 in student loan debt. On its own, that's a lot to stomach. But with a 5.8% interest rate (the average student loan interest rate among all existing borrowers) and a 10-year repayment plan, you'd end up paying a total of 7 Best ETFs to Buy Now 03/02/2023 07:00pm • When looking for the best exchange-traded funds to buy now, you have to pick a strategy. Are you looking for quick gains, no matter the risk? Or are you taking a long-term approach with the hope that major trends in technology pay off in several years instead of several weeks? The following seven fl Federal Reserve officials sound warnings about higher rates Federal Reserve officials sound warnings about higher rates 03/02/2023 05:24pm • WASHINGTON (AP) â A run of strong economic data and signs that inflation remains stubbornly high could lead the Federal Reserve to raise its benchmark rate higher in the coming months than it has previously forecast, several Fed officials say. On Thursday, Christopher Waller, a member of the Fed' Rep. George Santos under investigation by House Ethics panel Rep. George Santos under investigation by House Ethics panel 03/02/2023 04:11pm • WASHINGTON (AP) â The House Ethics Committee announced Thursday it is launching an investigation into embattled Republican Rep. George Santos, the New York congressman whose lies and embellishments about his resume and personal life have drawn deep scrutiny. The investigation appears to be far Egypt raises price of gasoline in latest hike amid inflation Egypt raises price of gasoline in latest hike amid inflation 03/02/2023 02:35pm • CAIRO (AP) â Egypt raised the price of some types of gasoline on Thursday, the latest hike to beset the cash-strapped Middle East country amid soaring inflation. The petroleum ministry said in a statement that it was raising the price of regular, midgrade and premium gasoline mixes of gasoline fr Average long-term US mortgage rate hits 3-month high Average long-term US mortgage rate hits 3-month high 03/02/2023 12:08pm • The average long-term U.S. mortgage rate hit a three-month high this week, reflecting higher Treasury yields and expectations that the Federal Reserve will continue to raise its benchmark rate and keep it there until inflation recedes. Mortgage buyer Freddie Mac reported Thursday that the average on Macy's, Best Buy 4Q reports underscore consumer slowdown Macy's, Best Buy 4Q reports underscore consumer slowdown 03/02/2023 11:54am • NEW YORK (AP) â Quarterly earnings from Macy's and Best Buy show how Americans have pulled back their spending on clothes and gadgets as inflation strains household budgets. Macy's profit and sales in the holiday quarter slid, though it beat Wall Street expectations and its outlook for 2023 didn't
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