Author: i2wtc
David Ryder/Bloomberg/Getty Images Mortgage interest rates are rising on expectations that the US Federal Reserve (Fed) will not cut interest rates anytime soon. Washington CNN — The U.S. home price crisis widened this week as mortgage rates soared, surpassing a key benchmark of 7%. 30-year fixed-rate mortgages averaged 7.10% in the week ending April 18, up from 6.88% the previous week, according to Freddie Mac data released Thursday. A year ago, the average 30-year fixed rate was 6.39%. The 7% break represents a psychological threshold that has yet to be crossed this year, adding to the pressure that will hit…
CNN — Some fresh, frozen, and canned non-organic fruits and vegetables are contaminated with worrying levels of pesticides, according to a study by Consumer Reports, a nonprofit consumer advocacy group that provides product reviews and ratings to its subscribers. ing. Some of the highest levels of pesticides were found in agricultural products imported into the United States, according to a report released Thursday. Of the 100 most contaminated agricultural samples, 65 were imported, 52 of which were from Mexico. The report said most of the highly contaminated imports were strawberries, usually frozen varieties. Because strawberries grow low to the ground,…
Law enforcement agencies in four states were thrown into disarray after a massive 911 call that left millions unable to contact authorities late Wednesday. Most power outages reported in Nebraska, Nevada, South Dakota and Texas were restored by the evening. Officials have not disclosed the exact cause of the outage, but it comes after the Department of Homeland Security warned that the risk of cyberattacks on 911 services is increasing as the system transitions to internet-based systems.So far, there is no indication that the overnight 911 outage was caused by a cyberattack or other malicious activity, a law enforcement official…
2 hours agoEuropean stocks start higherEuropean stocks rose cautiously early on Thursday, with sector trade mixed, with the Stoxx 600 index up 0.26% as of 9:20 a.m. in London.The major stock exchanges rose, with France’s CAC40 and Britain’s FTSE100 both up 0.5%, and Germany’s DAX up 0.1%.9 hours agoAsian airline stocks rise as oil prices fall more than 3% Asian airline stocks soared as oil prices fell more than 3% as U.S. inventories rose more than expected.South Korean airline Asiana Airlines led Asian carriers, rising nearly 4%, while peer Korean Air posted a 3.23% gain.Australia’s flag carrier Qantas rose about…
Let’s talk about why President Biden is spending three days in Pennsylvania this week — a significant amount of time by campaign standards. By now you know that a handful of battleground states will be critical to winning the White House in November. The Keystone State is most important to Biden.It’s not just that Pennsylvania has the most electoral votes of any battleground state, with 19. And it’s not just part of the Blue Wall. The Blue Wall is a series of industrial states that supported Democratic presidential victories for years until Donald Trump defeated him in 2016. This battle…
Carolyn Cole/Los Angeles Times/Getty Images/File On December 23, 2021, 14-year-old Valentina Orellana Peralta was shopping for clothes with her mother when she was struck by a stray bullet fired by a Los Angeles police officer. CNN — A Los Angeles Police Department officer will not face criminal charges in the 2021 fatal shooting of a man suspected of attacking a woman inside a department store, killing a 14-year-old girl, California prosecutors said Wednesday. Announced. Police previously said Valentina Orellana Peralta and her mother were hugging and praying in a dressing room at the Burlington Coat Factory in North Hollywood, Calif.,…
Net revenue: NT$592.64 billion ($18.87 billion) compared to the expected NT$582.94 billionNet income: NT$225.49 billion, forecast NT$213.59 billionTSMC reported that its net revenue was NT$592.64 billion, an increase of 16.5% year-on-year, and its net profit was NT$225.49 billion, an increase of 8.9% year-on-year. The company forecast first-quarter sales of $18 billion to $18.8 billion.TSMC is the world’s largest manufacturer of advanced processors and counts companies such as Nvidia and Apple among its customers.“TSMC is well-positioned to achieve strong performance based on key industry trends. Continued demand for advanced chips, especially those used in AI applications, will continue to grow in…
April 17, 2024, 11:49 PM ETTAMPA, Fla. — Auston Matthews missed his chance to become the ninth player in NHL history to score 70 goals in a season as the Toronto Maple Leafs lost 6-4 to the Tampa Bay Lightning in regular game Wednesday night. did. The final episode of the season.Matthews had all seven of his shots in the first period denied by 29-year-old rookie goaltender Matt Tompkins, but he hit a shot off the post midway through the second period. Tomkins made 34 saves in his sixth NHL start, including 12 saves for Matthews.Matthews’ 12 shots on goal…
April 17, 2024Updated 3 hours agoimage source, Getty ImagesUS President Joe Biden has called for tariffs on some steel and aluminum from China to be tripled.This is the latest protectionist policy adopted by Biden, who is seeking re-election against President Donald Trump, known for his tough trade stance on China.The White House said the proposal is aimed at protecting American jobs from “unfair” competition. China has previously denied allegations that it dumps steel and aluminum overseas.Dumping is the selling of excess product at a much lower price in another country, often destroying the domestic industry’s own market for that product.The…
NEW YORK (AP) — A National Public Radio editor who wrote an essay criticizing his employer for promoting liberal views resigned Wednesday, attacking NPR’s new CEO in the process.Uli Berliner, senior editor of NPR’s Business Desk, posted his resignation on X (formerly Twitter) the day after it was revealed that: he was suspended Five days in jail for violating company rules regarding unauthorized outdoor work.”I cannot work in a newsroom where a divisive new CEO is scorned by a new CEO who confirms the very problem,” Berliner said in his resignation letter.Katherine Maher, a former tech executive who was named…