The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the lowest rate since April 2023. The 15-year fixed rate fell to 5.89%, its lowest level since early May 2023. The drop followed a weaker-than-expected monthly employment report, which sent bond yields falling fast. Mortgage rates […]Read More
The U.S. unemployment rate rose to 4.3% in July and hiring slowed, adding to signs of a broader downturn in what has been a solid U.S. economy. The Bureau of Labor Statistics reported Friday that the U.S. added 114,000 jobs, down from 206,000 in June and well short of expectations. Economists were expecting the unemployment […]Read More
ST. LOUIS — The mail carrier arrived to deliver the attack ads at the same time Rep. Cori Bush (D-Mo.) arrived to dispel them. “He’s about to hand you some lies about me,” Bush said as the carrier handed a glossy leaflet to a voter at a home in Old North St. Louis where she […]Read More
PHOENIX — For the first time in as long as anyone can remember, Arizona’s largest public school district isn’t opening its schools to voters as polling sites. The reasons have been building for years, but the final straw for Mesa Public Schools officials came last November with a small, low-turnout election that became mired in […]Read More
Delta Air Lines CEO Ed Bastian on Friday offered employees two free travel passes to thank staff members who were caught in massive disruptions last month sparked by a botched CrowdStrike software update that stranded thousands of customers and crew. Delta had more trouble than competitors in recovering from the outages that took thousands of Windows machines offline. The carrier […]Read More
Five secretaries of state plan to send an open letter to billionaire Elon Musk on Monday, urging him to “immediately implement changes” to X’s AI chatbot Grok, after it shared with millions of users false information suggesting that Kamala Harris was not eligible to appear on the 2024 presidential ballot. The letter, spearheaded by Minnesota […]Read More
Vice President Harris interviewed at least three potential running mates on Sunday as the final hours before her self-imposed deadline to make her choice began ticking away. Harris will announce her vice-presidential pick by Tuesday night, when she and the candidate will appear in Philadelphia for the first of seven rallies over the course of […]Read More
Trump Media said Friday it has started rolling out a TV streaming service that aims to air “neglected” content on its social media platform Truth Social. The company’s stock price, which trades under the ticker DJT on the Nasdaq, jumped more than 6% Friday morning on the heels of the news. DJT shares had been in a slump since the share price briefly surged after […]Read More
JD Hamel was a high school senior in an Ohio steel town when the United States invaded Iraq in 2003. The future senator and nominee for vice president, who uses Vance for his surname now, joined the Marines a few weeks later confident, he later recalled, that freedom and democracy would follow. But his optimism […]Read More
President Biden’s withdrawal and Vice President Harris’s selection as the presumptive Democratic nominee has reset the 50-state race for the White House. Former president Donald Trump had gained in national and state-level polls after a June debate in which Biden appeared confused and was at times unable to answer questions. But in the two weeks […]Read More
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