The annual tradition of opposing mayors making a Super Bowl bet is taking place once again. This year, Mayors Mike Bloomberg of New York City and Thomas Menino of Boston made it a little more interesting, as the gamblers say, by putting together prize packages for one lucky family in the opposing team’s respective hometown. [...]
(Best Syndication News) Gold prices jumped again today as traders took advantage of the long-term policy signals from the Federal Reserve (see forex and futures charts below). Although inflation could be curtailed by low rates, investors balked at the weak pay-off in government Treasuries. Precious Metals Gold has been higher seven-straight sessions while copper, aluminum, [...]
Just days ago, it appeared that a hundred low-wage workers at a Walmart-contracted warehouse in California would lose their jobs after publicly accusing their employer of shorting them on pay and forcing them to work in harsh conditions. But after the workers argued that the layoffs amounted to illegal retaliation, a state judge ordered this [...]
(Best Syndication News) Mortgage interest rates were slightly higher Thursday as many lenders split in different directions (see mortgage rate chart below). Citibank lowered their rates; however, most lenders, including Bank of America, KeyBank, and Chase provided mixed results. PNC raised their rates across-the-board. Benchmarks Most stock indexes in the United States opened slightly higher [...]
(Best Syndication News) Mortgage interest rates were slightly higher Thursday as many lenders split in different directions (see mortgage rate chart below). Citibank lowered their rates; however, most lenders, including Bank of America, KeyBank, and Chase provided mixed results. PNC raised their rates across-the-board. Benchmarks Most stock indexes in the United States opened slightly higher [...]
College graduates and advanced degree holders, once they are unemployed, are as vulnerable as high school dropouts to long-term joblessness, a new study has found. Thirty five percent of unemployed college graduates and those with advanced degrees have been without a job for more than a year, the same rate as unemployed high school dropouts, [...]
(Best Syndication News) Traders kicked off the new month with a rally Wednesday, after encouraging manufacturing data is released in China (see the stock market charts below). Investors were also encouraged by the new Facebook IPO filing announcement and a possible Greek debt deal in the works. Large Cap Stocks Only 22 stocks in our [...]
Once the biggest bank in the country, Bank of America is shrinking before our very eyes. After more than three years at the top, Bank of America is no longer the nation’s biggest mortgage servicer, falling behind Wells Fargo last year, according to industry newsletter Inside Mortgage Finance. Wells Fargo is now the biggest mortgage [...]
(Best Syndication News) Mortgage interest rates were mostly lower today despite a modest increase in some of the benchmark indexes (see the mortgage rate charts below). Citibank, Bank of America, KeyBank, Chase, PNC, and some other lenders lowered their rate, while Wells Fargo and HSBC didn’t make any changes. Benchmarks Stock prices rallied Wednesday after [...]
(Best Syndication News) Mortgage interest rates were mostly lower today despite a modest increase in some of the benchmark indexes (see the mortgage rate charts below). Citibank, Bank of America, KeyBank, Chase, PNC, and some other lenders lowered their rate, while Wells Fargo and HSBC didn’t make any changes. Benchmarks Stock prices rallied Wednesday after [...]
