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Mortgage rates lower as talk of interest rate cuts intensify: Freddie Mac

Mortgage rates are falling, but borrowers are hesitant in hopes that rates will fall further. (iStock) Mortgage rates fell further this week on reassurance that strong economic data and favorable inflation reports may finally lead the Federal Reserve to cut rates. According to Freddie Mac’s latest report, the average 30-year fixed-rate mortgage for the week […]

Mort Zuckerman Cuts Off Funding to Columbia over Antisemitism

Billionaire philanthropist Mortimer “Mort” Zuckerman this week suspended his funding for Columbia University over its perceived failure to address anti-Semitism and anti-Israel extremism on campus since October 7. Washington Free Beacon report: Mortimer Zuckerman, the billionaire philanthropist, cut off millions of dollars in funding to Columbia University, citing the university’s failure to address rising anti-Semitism. […]

WTI Crude Soars on Tailwinds of Saudi July Export Cuts – OilPrice.com

West Texas Intermediate (WTI), the U.S. benchmark, rose more than 2.9 percent, while Brent rose only half that amount on the day after the EIA reported a larger-than-expected fall in U.S. crude oil inventories and the U.S. dollar weakened. U.S. crude oil inventories have fallen by more than 20 million barrels in the past three […]

Trump warms to Powell ahead of potential rate cuts: 'I would let him serve it out'

With interest rate cuts on the horizon and the economy turning around from its post-pandemic slump, former President Trump has warmed to Federal Reserve Chairman Jerome Powell, whom he has frequently criticized since nominating him to lead the U.S. central bank in 2017. “I intend for him to complete his term,” Trump said in the […]

Macy’s cuts off talks with Arkhouse, Brigade

See what’s clicking on FoxBusiness.com Macy’s said Monday it was halting talks with Arkhouse Management and Brigade Capital Management about a possible acquisition. The company said the latest proposal from the two investment firms “remains unviable and fails to deliver compelling value to Macy’s shareholders.” It will instead continue to pursue a turnaround plan. Arkhouse […]

Harry Kane cuts sorry figure on a desolate night for England | Euro 2024

TThis was not Harry’s game. Not for him, not for England, not this tournament. And perhaps, as they recover from that disastrous, anti-climactic night in Berlin, they will acknowledge that something has indeed changed forever. The sight of Harry Kane taking off his armband in the 61st minute, handing it to Kyle Walker and running […]

UFC fighter cuts hair to make weight for fight: ‘No hesitation’

UFC Fight Night was set to take place in Denver on Saturday night, but the main event was nearly canceled. Tracy Cortez was scheduled to fight Rose Namajunas in a women’s flyweight bout, but when she first weighed in, the weight was not in her favor. The women’s flyweight weight limit is 126 pounds, but […]