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US consumer borrowing surged in May as economy reopened
07/08/2021 05:00pm • WASHINGTON (AP) — U.S. consumer borrowing surged by a larger-than-expected $35.3 billion in May as Americans, bolstered by a reopening economy and rising job levels, went back to using credit in a big way. Borrowing on credit cards and for auto and student
loans
showed solid gains in May, the Fede
How major US stock indexes fared Thursday
07/08/2021 04:23pm • Stocks pulled back from the record highs they’ve been setting as bond yields continued to fall and investors turned cautious. The S&P 500 fell, with technology, financial and industrial companies taking some of the biggest losses. The yield on the 10-year Treasury note fell again. The benchmar
Helen of Troy, M&T Bank fall; WD-40, Biogen rise
07/08/2021 04:15pm • Stocks that traded heavily or had substantial price changes Thursday: WD-40 Co., up $1.26 to $261.80. The maintenance and cleaning product company reported strong fiscal third-quarter financial results. Helen of Troy Ltd., down $14.01 to $218.51. Investors were disappointed by the personal and house
US average mortgage rates continue to fall; 30-year at 2.90%
07/08/2021 02:25pm • WASHINGTON (AP) — Mortgage rates continued to fall this week, tracking a decline in yields on Treasury securities as the bond market continues to signal concerns over the strength of the recovery from the pandemic recession. Mortgage buyer Freddie Mac reported Thursday that the average for the 30-
Capitol Police open field offices to investigate threats to lawmakers
07/08/2021 12:34pm • ▶ Watch Video: Capitol Police will open field offices in California and Florida to investigate threats against lawmakers The U.S. Capitol Police announced this week that they plan to open regional field offices in California and Florida as part of an ongoing effor
At many companies, changes from COVID-19 are now permanent
07/08/2021 11:12am • NEW YORK (AP) — The vending machine outside Pinch Spice Market dispensing packets of herbs and seasonings isn’t a sales gimmick — it helped cater to customers as the company struggled through the COVID-19 pandemic. Meaghan Thomas, co-owner of the Louisville, Kentucky, firm and her partner,
New affordable homes open for DC seniors, with funding toward more on the way
07/08/2021 09:40am • New affordable housing has opened for some D.C. seniors on limited budgets. Mayor Muriel Bowser took part in the ribbon cutting ceremony Wednesday at the Todd A. Lee Senior Residences on Kennedy Street in Ward 4. The 38 affordable apartments there are earmarked for those 55 and older who make
Israeli president given NFT of father's oath of office
07/08/2021 05:10am • JERUSALEM (AP) — Israel's parliament has hopped on latest trend in digital artwork and presented the country's new president with a digital copy of his father's signed oath of office from 38 years earlier. The Knesset presented Isaac Herzog with the NFT ahead of his inauguration as Israel's 11th
7 Bank Stocks to Buy for the Dividends
07/08/2021 12:00am • Income investors can rely on bank stocks in 2021.Bank stocks have performed pretty well this year, thanks in part to a recovering economy and the prospect of higher interest rates that could boost their overall returns. Megabank JPMorgan Chase & Co. (ticker: JPM) is up about 20% to slightly outp
COVID-19 Pandemic Adds New Employment Challenges For Young Adults
07/08/2021 12:00am • Kasim Kabbara is a first-generation college graduate who studied abroad in China. The 24-year-old double majored in television, film and radio, and the African-American diaspora at the University of Texas. And yet this past spring, none of his skills and experiences came across in his third round o
The Top 10 Largest Private Equity Firms in the World
07/08/2021 12:00am • Private equity firms have come out of the pandemic red-hot, inking more than 2,300 deals in the first five months of 2021, an increase of 21.9% from the same period last year. A combination of historically low interest rates and record levels of fundraising has sent private equity investors racing t
US agency offers $307 million for rural water projects
07/07/2021 08:21pm • OHKAY OWINGEH PUEBLO, N.M. (AP) — The U.S. Department of Agriculture will issue up to $307 million in grants and low-interest
loans
in an effort to modernize rural water infrastructure, officials announced Wednesday. The programs are aimed at towns with less than 10,000 people in 34 states and the
Jovenel Moïse, Haiti's embattled president, killed at 53
07/07/2021 05:05pm • PORT-AU-PRINCE, Haiti (AP) — Haitian President Jovenel Moïse, a former banana producer and political neophyte who ruled Haiti for more than four years as the country grew increasingly unstable under his watch, was killed on Wednesday. He was 53. Moïse was assassinated at his private home during
MarketAxess, Valero fall; Steel Dynamics, LGI Homes rise
07/07/2021 04:22pm • Stocks that traded heavily or had substantial price changes Wednesday: SMART Global Holdings Inc., up $8.47 to $56.02. The computer memory technology company gave investors an encouraging profit forecast. Steel Dynamics Inc., up $3 to $61.22. The steel producer increased its stock buyback program by
Aston Villa
loans
American Indiana Vassilev to Inter Miami
07/07/2021 02:25pm • MIAMI (AP) — American forward Indiana Vassilev was loaned Wednesday from Aston Villa to Inter Miami for the rest of the Major League Soccer season. The 20-year-old from Savannah, Georgia, made his Aston Villa debut against Fulham in the FA Cup on Jan. 4, 2020, and made his Premier League debut tha
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