US long-term mortgage rates rise; 30-year average at 2.97%

US long-term mortgage rates rise; 30-year average at 2.97%

WASHINGTON (AP) — U.S. long-term mortgage rates rose this week but remain near historic lows as the pandemic-hobbled economy strains toward recovery with more Americans getting vaccinated against the coronavirus. Mortgage buyer Freddie Mac …
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Musk Says Nickel Is 'Biggest Concern' For Electric-Car Batteries

It’s scarce and expensive, so the chief executive officer of electric-carmaker Tesla tweeted on Thursday that the company’s shifting some cars to a type of battery that uses iron instead.
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Beyond Meat Signs Deals With McDonald's, Yum! Brands For Plant-Based Menu Items

As mainstream brands continue to get on board with meatless products, Los Angeles-based Beyond Meat said Thursday it’s secured multi-year deals with McDonald’s and Yum! Brands, which owns Taco Bell, Pizza Hut and KFC, causing its shares to rise in …
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PAC directs ministries, depts to hold accounting body meetings regularly

ISLAMABAD: The Public Accounts Committee on Thursday directed all the federal ministries, divisions and departments to hold the departmental
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Global Bond Selloff Eases; Asian Stocks Slump: Markets Wrap

S&P 500 futures dipped after the benchmark closed down 2.5% with tech shares leading losses. The Nasdaq 100 tumbled 3.6%, the most since October, as investors rotated away from pandemic-era winners toward companies poised to benefit from an end to …
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