Mortgage rates remain near record low amid stock market turbulence

Mortgage rates remain near record low amid stock market turbulence

Mortgage rates remained near record lows last week, according to a Freddie Mac survey released Thursday, amid turbulence in the stock market spurred by investors’ uncertainty over rising coronavirus cases and stalled relief talks. Support our journalism.
See Original Article

Treasury yields rise slightly after better-than-expected economic data

Treasury yields rose slightly on Thursday after economic data pointed to a solid recovery. The yield on the benchmark 10-year Treasury note gained 1 basis point to around 0.793%. While the yield on the 30-year Treasury bond also rose a similar amount to …
See Original Article

ExxonMobil Fails to Raise Its Dividend for the First Time in Years

ExxonMobil (NYSE:XOM) just did something it hasn’t done in 18 years. The oil giant kept its dividend at $0.87 per share, the first time since 2002 it failed to increase the payout during a calendar year. The decision doesn’t put ExxonMobil’s status as a …
See Original Article

Credit Suisse planning further hires in wealth, investment bank tie-up

ZURICH (Reuters) – Credit Suisse CSGN.S is planning to make further hires under former Bank of America BAC.N investment banking chief Christian Meissner as it kickstarts its new investment banking advisory unit for wealthy clients, Chief Financial Officer …
See Original Article

Spotify hits 320 million monthly active users

In its latest quarterly financial report, Spotify announced that it had crossed 320 million active monthly users. That marks a 29% growth for the quarter, coming on the heels of what seems to be a rather successful launch into the Russian market. Of that number …
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.