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Mortgage rates drop to lowest level since May 2023

Key Metrics Home purchase Applications surged last week as mortgage rates fell to their lowest levels in more than a year. Mortgage Bankers Association (MBA) Home loan application New data released Wednesday showed mortgage rates rose 6.9% in the week ending Aug. 2. At the same time, the average rate on the popular 30-year mortgage […]

Patriots drop out of Brandon Aiyuk trade sweepstakes in NFL stunner

The Patriots appear to have dropped out of the race to acquire Brandon Aiyuk. New England did indeed inquire about the 49ers receiver’s availability but chose not to look further. ESPN’s Adam Schefter reported the news on Tuesday night. The 49ers and Patriots had the framework for a trade if the Patriots could sign Aiyuk […]

TikTok honey eye drop trend could bring ‘harmful side effects’

Oh honey, no! A painful new health tip that claims to cure eye ailments with raw honey is becoming a hot topic on TikTok. Devotees claim that applying a few drops of Himerit raw honey to the eyes will eliminate floaters, the black spots that cloud your vision, and even cure glaucoma and cataracts. Himerito […]

Border smuggling booms despite drop in migrant crossings

DOUGLAS, Ariz. — Tyler Crump’s ranch on the Arizona border has become a major highway for people crossing the border illegally from Mexico, and the evidence is everywhere. On a recent tour of the grounds, The Post saw discarded water bottles, backpacks, “carpet shoes” (footwear covered with carpet to prevent footprints in the sand) and […]

Billionaires see net worth drop amid stock market turmoil

Robert Prechter, author of The Socio-Economic Theory of Finance, analyzes today’s economic environment in “Cavuto: Coast to Coast.” Several billionaires saw their net worths fall on Monday amid major turmoil in global markets. Amazon founder Jeff Bezos, Nvidia CEO Jensen Huang and Meta Platforms CEO Mark Zuckerberg were among the billionaires who saw their estimated […]

Japanese stock market sees biggest drop since 1987 Black Monday

TOKYO, Aug 5 — Japanese shares suffered their biggest one-day crash on Monday since the 1987 Black Monday sell-off, fuelled by last week’s sharp sell-off in global stock markets, economic uncertainty and worries that investments financed by a weak yen were unwinding. The Nikkei stock average (.N225) plunged as much as 12.4 percent after a […]

Hershey cuts yearly guidance, profit after 17% drop in sales

Hershey’s on Thursday reported a 17% drop in second-quarter sales and sharply cut its full-year profit and sales outlook. Shares plunged 4.5% early Thursday morning but have since risen 5%. The Pennsylvania-based candy company, which has a market capitalization of $38.83 billion, like many in the food and snack industry, has been struggling as consumers […]