Recent data shows that mortgage rates have fallen for the fourth straight week, with the average contract interest rate for 30-year fixed-rate mortgages decreasing to 6.44%. This marks a significant drop from rates a year ago, with rates being more than 80 basis points lower. Despite the decrease in mortgage rates, there seemed to be
The rapid return of market confidence following a recent global sell-off in risky assets has caused alarm for the head of asset allocation research at Goldman Sachs. Christian Mueller-Glissmann expressed his concerns in an interview with CNBC’s “Squawk Box Europe,” likening the early August stocks slump to a warning shot. The S&P 500 experienced a
In the midst of an inflation-fueled sales slump in the toy industry, one company has managed to defy the odds and gain market share – Lego. With a remarkable 13% jump in revenue in the first half of 2024, reaching 31 billion Danish krone, or about $4.65 billion, Lego’s CEO, Niels Christiansen, attributes this success
A recent comprehensive study has revealed a concerning association between increased meat consumption and a higher risk of developing type 2 diabetes. The study, conducted by an international team of researchers, analyzed data from nearly 2 million individuals across various regions, including Europe, Asia, the Americas, and the Western Pacific. The findings indicated that consuming
Former President Donald Trump’s economic proposals have been analyzed to have a significant impact on federal deficits over the next decade. The nonpartisan Penn Wharton Budget Model conducted a study which revealed that Trump’s policies would result in an increase of $5.8 trillion in deficits. This is a substantial amount, almost five times more than
Former President Donald Trump has officially announced the addition of Robert F. Kennedy Jr. and Tulsi Gabbard to his presidential transition team. This news comes after both Kennedy and Gabbard endorsed Trump in his race against Vice President Kamala Harris. The team, led by Trump campaign senior advisor Brian Hughes, is excited to have Kennedy
Antidepressants are commonly used to treat depression in older adults, but there has been concern regarding their potential impact on fall risk. A recent cohort study by Wei-Hsuan Lo-Ciganic and colleagues at the University of Pittsburgh investigated the association between first-line antidepressants and the risk of falls and related injuries among older adults. The study
Argentina is taking a proactive approach towards equipping the next generation of its workforce with knowledge and training in emerging technologies. One of the recent steps taken in this direction is the incorporation of Ethereum education into the high school curriculum in Buenos Aires. This move aims to provide students with a practical understanding of
The Denver Broncos are faced with the challenge of making tough decisions regarding wide receiver Tim Patrick. After a two-year battle to return from injuries, Patrick has become an inspiring figure in the team. However, due to a deep wide receiver room, the Broncos are actively seeking trade partners for Patrick. If no deal is
The phenomenal growth of the cryptocurrency market has led to a significant increase in the number of crypto millionaires worldwide. According to a recent report from New World Wealth and Henley & Partners, there are now 172,300 individuals holding more than $1 million in crypto assets, a staggering 95% increase from the previous year. This