Mortgage rates have reached their highest level in nearly six months, averaging 6.91% for a 30-year fixed-rate mortgage as of January 2, according to Freddie Mac data. This marks a significant increase from the prior week’s average of 6.85%. A year ago, mortgage rates averaged 6.62%. The Federal Reserve’s quarter-point interest rate cut last month … Read more
India’s benchmark indices are witnessing a strong start to the new year, with the Nifty crossing 23,900 in today’s trading session. According to Rahul Sharma, senior analyst at ETMarkets, this is a promising sign for investors as historical data suggests that if the Nifty experiences three months of negative returns, its four-month performance tends to … Read more
A quadruple-whammy of viruses is hitting the US as millions return to work after the holidays, data shows. Flu, Covid, RSV, and norovirus cases are surging, prompting a return of mask mandates in some states. Official figures reveal that flu infections have sickened an estimated 3.1 million people so far this season, while 37,000 have … Read more
Astronomers have long believed that the universe is accelerating in its expansion, with a mysterious force called dark energy driving this phenomenon. However, recent research by Antonia Seifert and colleagues at the University of Canterbury may finally be putting an end to this enigma. By analyzing extensive observations of type-Ia supernovas, the team found evidence … Read more
Coach Mike McCarthy acknowledged that Sunday’s game against the Washington Commanders could be his final home game with the Cowboys. McCarthy stated that his emotional attachment to the team and its stadium is strong, especially after winning a Super Bowl in that locker room. McCarthy will not discuss his future, but it’s clear he’s aware … Read more
Katherine Perry, a veteran public school educator from East Memphis, expressed her dissatisfaction with the current system when she asked if she could get some vouchers. With over 10 years of experience as a writer and two as an Associate Editor of Memphis Parent Magazine, Perry brings a unique perspective to the issue. Perry stated … Read more
Businessman Robert Kiyosaki has made a bold prediction about the future of Bitcoin, forecasting that its price could surge anywhere from $175,000 to $350,000 this year. The leading cryptocurrency by market capitalization has already seen significant gains, surging nearly 121% in 2024 and reaching a new lifetime peak of $108,135 on Dec. 17. Kiyosaki’s prediction … Read more
German politicians are expressing outrage over recent comments made by billionaire entrepreneur Elon Musk, who has been endorsing far-right party Alternative for Germany (AfD) ahead of February’s election. Musk’s social media posts have been described as “undignified” and “offensive,” with some leaders calling them a crossing of the line between friendly states. In one post, … Read more
The US Treasury Department and Federal Housing Finance Agency announced a roadmap to release government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from conservatorship, restoring the Treasury’s power to approve any such plan. The goal is to ensure an orderly release that reflects existing practices. Fannie and Freddie are known as GSEs and underpin the … Read more
Amazon founder Jeff Bezos is making strides towards orbit, with his private space company Blue Origin accelerating its development of a new lunar lander. Meanwhile, Elon Musk’s SpaceX remains at the forefront of reusable rocket technology, but progress on the Starship program has been slower than expected. Bezos’ ambitious plans for space exploration and colonization … Read more