Dow drops 500 points after Fed officials spook investors
Stocks fell in Thursday afternoon trading as investors weighed the latest statements from Federal Reserve officials and the outlook for possible interest rate cuts this year. The Dow Jones Industrial Average fell more than 500 points, or 1.3%, to $38,618, the S&P 500 fell 1.1% and the Nasdaq fell 1.2%. In the comments, Minneapolis Fed […]
Mortgage rates hover near 7% with no sign of budging: Freddie Mac
Mortgage rates are languishing at nearly 7% due to delays in the Federal Reserve’s rate cut plan. (iStock) Mortgage rates have remained in the 6.8% range this week, according to Freddie Mac, and are likely to remain in that range despite improving inflation indicators. The average interest rate on a 30-year fixed-rate mortgage for the […]
Dengue Outbreak In Brazil Has Left More Than 1,000 Dead So Far
Brazilian Ministry of Health authorities announced On Wednesday, the government announced that it has recorded 1,020 deaths from dengue fever so far in 2024. The number of deaths reported so far will almost exceed Brazil’s annual record of 1,094 in 2023. Brazil continues to experience an alarming outbreak of dengue fever, now considered the worst […]
Biden Demands ‘Immediate Ceasefire’ from Netanyahu in Phone Call
President Joe Biden called for an “immediate ceasefire” from Israeli Prime Minister Benjamin Netanyahu during a phone call between the two leaders on Thursday, threatening to lose U.S. war aid if Israel did not comply. The White House said in a statement, Said: President Biden spoke by phone with Prime Minister Netanyahu. The two leaders […]
Mets blow three-run lead as winless start to season continues
The rain finally stopped at Citi Field on Thursday, but the losses didn’t stop. The Mets trailed by three runs in 11 innings before losing 6-3 to the Tigers, falling to 0-5 for the first time since 2005. After Adam Ottavino allowed a game-tying homer to Riley Greene in the eighth inning, the Mets squandered […]
13 prison guards, inmates, others sentenced in ‘large-scale’ drug trafficking conspiracy
A group of 13 people, including former prison officers and prisoners, were found guilty this week of their involvement in the “major” incident. drug trafficking conspiracy, Ministry of Justice report. The men admitted to cooperating in the trafficking of cocaine, heroin, marijuana and methamphetamine from February 2017 to May 2019, the department said. The group […]
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Illegal alien with 11 arrests and 7 deportations accused of murdering man in Ohio
An illegal immigrant with multiple deportations and more than a dozen arrests has been charged with murder in Ohio. Last Friday, Butler County Sheriff Richard Jones held a press conference to discuss specific suspects who represent a much larger national problem with illegal immigration. The suspect’s name is Fermín García Gutierrez, a 46-year-old Mexican national […]
Michael J. Fox Muses About Returning To Acting After Announcing Retirement In 2020
Michael J. Fox doesn’t always turn down the right acting opportunity when it comes his way. Foxx, who was diagnosed with Parkinson’s disease in 1991, said he would retire from acting in 2020 after a 2019 film brought clarity to him. Once Upon a Time in Hollywood From a certain “scene where Leonardo DiCaprio’s character […]
NASA hands out contracts to three companies as it seeks lunar vehicle
Check out what’s being clicked on FoxBusiness.com Three companies were awarded contracts by NASA on Wednesday as the agency continues to search for vehicles to transport astronauts around the moon during the Artemis mission. NASA has identified the recipients as Intuitive Machines, Lunar Outpost, and Venturi Astrolab, all of whom are working on designs to […]