Jobless claims fall more than expected to ease recession fears

The number of Americans filing initial claims for unemployment benefits fell more than expected last week, easing fears of a labor market collapse that had sent markets plummeting. The Labor Department said on Thursday that seasonally adjusted claims for unemployment insurance fell by 17,000 to 233,000 for the week ended Aug. 3, the biggest decline […]

Mortgage rates fall sharply to lowest level in over a year

Erin Sykes, chief economist at Nest Seekers International, opines on “The Bottom Line” that high interest rates continue to hurt the housing market. Mortgage rates plummeted to their lowest levels in more than a year this week, boosting demand in the housing market. Freddie Mac’s latest primary mortgage market survey released Thursday showed that the […]

This week’s personal loan rates fall for 3-year terms, rise for 5-year terms

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Disney warns theme park revenue to fall as quarterly profit slips

The Walt Disney Co. reported a decline in operating profit at its theme parks and predicted a “declining demand” in the coming quarter, overshadowing the success of Pixar’s animated film “Inside Out 2” and its streaming service. Disney shares fell 4.5% on Wednesday after the company warned that its theme parks operating profit would decline […]

Hallmark actress Mamie Laverock stands, walks after five-story fall from hospital

Hallmark Channel’s Mamie Lovelock is celebrating a milestone in her recovery after surviving a five-story fall from a hospital balcony in May. The 20-year-old “When Calls the Heart” actress stood up and walked for the first time in a now-deleted video shared on her official Facebook page on Friday. “Thank you surgeon. Thank you prayers. […]