In the midst of dropping interest rates, mortgage demand has surprisingly fallen in the last week, as reported by the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages also decreased, reaching its lowest level since June 2023. However, the response from borrowers has been lackluster, with applications to
The recent summit between Chinese President Xi Jinping and President Joe Biden in San Francisco has raised concerns over China’s plans to reunify Taiwan with mainland China. This article delves into the details of the meeting, shedding light on Xi’s warning and shedding light on the potential implications for the future of Taiwan and its
A 2021 federal raid on Rudy Giuliani’s home and office was motivated by concerns that he had sought the removal of the U.S. ambassador to Ukraine due to the potential of a financial incentive from a Ukrainian official, as revealed in newly released documents. The documents shed light on the investigation into Giuliani’s involvement with
New Jersey-based pizzeria, Coniglio’s Old Fashioned, experienced an unexpected turn of events when New York Giants quarterback, Tommy DeVito, made an unpaid appearance at the restaurant after a fee dispute. The restaurant had initially announced on social media that it had to cancel DeVito’s appearance due to his doubled appearance fee. However, the story took
The FDA has recently expanded the age range for EndeavorRx, a prescription video game treatment for Attention-Deficit/Hyperactivity Disorder (ADHD). The maker of the game, Akili, announced that it is now approved for use in adolescents aged 13 to 17, in addition to its previous approval for children aged 8 to 12. This expansion opens up
In a disappointing turn of events, FedEx shares plunged more than 9% in after-hours trading on Tuesday. This steep decline came after the renowned package delivery giant revised its revenue forecast due to a significant decrease in demand, ultimately impacting its sales. Previously anticipating flat sales year over year, FedEx now expects a low-single-digit decline
ESG (environmental, social, and corporate governance) investing has faced challenges in terms of transparency and inconsistent metrics, making it difficult for investors to accurately assess the impact of their investments. However, San Francisco-based asset manager Newday Impact Investing believes that the use of an Ecological Benefits Framework (EBF) could provide a new approach to social
In a surprising turn of events, Coniglio’s Old Fashioned pizzeria in New Jersey announced the cancellation of an event featuring New York Giants quarterback, Tommy DeVito. The reason behind this cancellation was the alleged doubling of DeVito’s appearance fee. The pizzeria took to social media to express their disappointment after DeVito’s agent, Sean Stellato, raised
As the political landscape continues to evolve, new survey data from CNBC indicates that Republican front-runner Donald Trump is making significant strides in gaining Latino voters’ support, posing a potential threat to President Joe Biden. In a hypothetical head-to-head matchup, the poll reveals that Trump holds a 5-point lead over Biden among Latino voters. This
Josh Kramer, a prominent figure in the film industry, has sadly passed away at the age of 67. With an illustrious career spanning decades, Kramer’s contributions to the world of cinema were immeasurable. From his early days as a foreign movie rights pre-seller to his influential role at Amazon Studios, Kramer left an indelible mark