Exxon Mobil replaced by a software stock after 92 years in the Dow is a 'sign of the times'

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Exxon Mobil replaced by a software stock after 92 years in the Dow is a 'sign of the times'

Exxon Mobil’s been in the Dow in some form since 1928, but its tenure as the longest-serving component is coming to an end. On Monday S&P Dow Jones Indices announced the largest changes to the 30-stock benchmark in seven years. Exxon will be …
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Porsche launching 1-month subscriptions for its cars and SUVs

Porsche is committed to providing customers with very little commitment. Continue Reading Below. The automaker is adding a new, lower-cost single-car tier to its Porsche Drive subscription program, which was launched in Atlanta in 2017 and is currently …
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Delta Air Lines Pursuing Secured Loan Backed by SkyMiles

Airlines have burned through substantial amounts of cash in 2020, as the COVID-19 pandemic has crushed air travel demand. With demand unlikely to improve very much in the near term, most airlines are shoring up their liquidity, believing that there’s no …
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Homeowners looking to refinance are likely to get hit with this new fee

Record low mortgage rates have many homeowners looking to refinance. But come next month, borrowers might be in for a shock. Fannie Mae and Freddie Mac will be charging a new — and hotly contested — “adverse market” fee on refinanced mortgages.
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Mortgage rates today, August 25, 2020, plus lock recommendations

Average mortgage rates held steady yesterday. And we’d all think them incredibly low were it not for the period early this month when they plumbed new depths. FHA loans today start at 2.25% (3.226% APR) for a 30-year, fixed-rate mortgage. As has often …
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