Mortgage rates fall below 7% in boost for homebuyers

The average rate on a 30-year mortgage fell this week to just below 7% for the first time since mid-April, providing a slight boost to homebuyers trying to weather a housing market slumped by rising prices and relatively few homes available. Mortgage buyer Freddie Mac said Thursday that interest rates fell to 6.94 percent from […]
Asia FX weakens as Fed minutes brew rate fears, boost dollar – Investing.com

Investing.com — Most Asian currencies traded in narrow ranges on Thursday, recouping some overnight losses as minutes from the U.S. Federal Reserve’s latest meeting boosted the dollar amid growing concerns about higher interest rates for a long time. The prospect of a renewed trade war between the U.S. and China after China retaliated against higher […]
New Study Calls into Question Whether DEI Programs Really Boost Corporate Earnings

The replication crisis strikes again. It’s safe to say that diversity, equity, and inclusion is one of the more controversial ideas of our time (and a multibillion-dollar industry). Some such as Elon Musk argue that DEI — which definitionally speaking means addressing structural inequalities in society — constitutes blatant racism. Others contend that DEI is simply about creating more […]
‘Only Hamas can defend us’: Israeli raids and Fatah failures boost support in West Bank | Israel-Gaza war

Khalil, limping around his family home in the hills surrounding Ramallah, was nervous after being released the day before. His mother also feared he would be rearrested. Khalil, a shy 21-year-old whose name has been changed, was arrested in a pre-dawn raid last October for his allegiance to Hamas. However, when Israeli forces broke down […]
Hospitals struggle as social care crisis cancels out funding boost, NHS report says | Social care

Strikes and the social care crisis have left thousands more stranded in hospital beds and other patients struggling to access care, reversing increases in funding and NHS staff. It is reported that there are. A damning internal review into NHS efficiency last year found that despite a £20bn increase in funding since 2018 and a […]
Wealthier customers flock to Walmart to boost retailer’s sales in strong Q1 earnings

More wealthy shoppers flocked to Walmart, helping the nation’s largest retailer overcome inflation headwinds faced by its rivals and deliver better-than-expected quarterly results, the company said Thursday. Walmart said total U.S. comparable sales increased 3.8% in the first quarter ended April 30, with most of the increase coming from households with incomes of $100,000 or […]
Højlund strikes late as Manchester United beat Newcastle to boost Ten Hag | Premier League

Manchester United are on 57 points and Newcastle United return to the North East wondering exactly how they lost a close game that unfolded at breakneck speed. Substitute Rasmus Hoylund’s 18-yard right-footed shot went through the legs of Lewis Hall and into the palm of Martin Dubravka, sealing the victory. Despite the win, Erik ten […]
House GOP investigates WH push to boost voter registration

The Republican-led House Oversight Committee is closely monitoring the Biden administration’s efforts to increase voter participation. Back in 2021, President Biden signed the following agreements: presidential order It directed government agencies to “examine ways to expand opportunities for people to register to vote.” But Republicans question the constitutionality of the directive. “Our concerns are compounded […]
FIRST ON FOX: Biden gets boost from major health care group warning Trump poses ‘threat to public health’

First appearance on Fox: President Biden has received a boost from a key group of former medical professionals who say they are concerned about the “threat” former President Trump poses to public health. The group of 48 individuals is led by Dr. Andrew Garman, past president of the American Medical Association (AMA), and includes six […]
President Joe Biden looks to boost worker, consumer power as election looms

The Biden administration has rolled out new rules over the past week aimed at empowering workers and consumers as the president seeks to address bleak economic conditions ahead of what is expected to be a close election. They have been announced one after another. Last Tuesday, the Federal Trade Commission (FTC) passed a resolution banning […]