Mortgage Rates Remain High Despite Easing Tariffs

Mortgage rates are unlikely to decrease anytime soon due to a sharp sell-off in government bonds. The 10-year Treasury bond yield has surged about 9% since its lowest point in April, reaching around 4.4% as of Thursday afternoon. This jump is the sharpest one-day increase since March 2020 and has kept 30-year fixed mortgage rates … Read more

Dollar Hits 10-Year Low Against Swiss Franc Amid Trade Tensions

The dollar slid to a 10-year low against the Swiss franc on Friday as investors lost confidence in its safety. The US imposed tariffs of up to 145% on Chinese goods, prompting China to retaliate with tariffs of 125%. This led to a global selloff that sent stocks and safe-haven Treasuries tumbling. The dollar’s decline … Read more

Nicky Katt, ‘Boiler Room’ Star, Dies at 54

Actor Nicky Katt, known for his roles in “Dazed and Confused,” “Boston Public,” and the hit film “Boiler Room,” has died at the age of 54. The cause of death was not disclosed. Katt’s most notable role came in Richard Linklater’s 1993 movie “Dazed and Confused,” where he played a character who loved smoking weed … Read more

British Steel Emergency Bill Passed: Relief in Scunthorpe

A sense of relief has swept through Scunthorpe after an emergency bill to keep the local British Steel plant open was passed. The move brings hope for 3,500 workers who have been fighting to save their jobs. The steelworks are deeply ingrained in the community, with many families having worked there for generations. The relationship … Read more

Microsoft Re-Introduces Windows Recall Feature on Copilot+ PCs

Microsoft has quietly reintroduced its controversial Windows Recall feature on Copilot+ PCs in the Release Preview channel, signaling its near-readiness for general availability. The feature, which takes screenshots of your desktop every few seconds and stores them in a local database, allows users to recall their actions at a later time using AI-powered search. Initially … Read more

Rising Space Debris Threatens Earthly Impact

A mysterious piece of SpaceX Falcon 9 rocket debris crashed into a Polish warehouse on February 19, 2025, sparking concerns about space junk and its potential impact on the planet. While the chances of being struck by space debris are minuscule, experts warn that the growing number of launches and climate change could lead to … Read more

SpaceX Falcon 9 Rocket Set for Saturday Launch

SpaceX is preparing for a launch on Saturday morning at 5:25 a.m., targeting the Space Launch Complex-4 on South Base. The mission aims to deliver a classified payload into orbit using a first-stage booster that will make its 24th flight. The rocket’s landing is expected to take place approximately eight minutes after liftoff, with the … Read more

US Asset Exodus Gains Steam as Treasuries and Dollar Decline

Investors are growing increasingly concerned about a U.S. asset exodus, with Treasury yields and the dollar reaching new lows. The benchmark 10-year Treasury yield briefly surpassed 4.5%, while the ICE U.S. Dollar Index hit its lowest level in three years. Experts say the rapid moves in financial markets suggest that investors are actively turning away … Read more

Rodgers Opens Door for Saints After Carr’s Shoulder Injury

NFL quarterback Aaron Rodgers remains in free agency, but another team may have opened up a potential opportunity for him after Derek Carr’s 2025 season could be in jeopardy due to a shoulder injury. The New Orleans Saints are reportedly reaching out to Rodgers as they seek a veteran option at the position. According to … Read more