Mortgage rates continue to drop as spring brings more inventory: Freddie Mac
Mortgage rates fell to an average of 6.74% for 30-year mortgages. (iStock) 15-year and 30-year mortgage rates fell from last week, Freddie Mac reported. “30-year fixed-rate mortgages are down again this week, bringing the total down by almost a quarter of a percentage point after two weeks,” said Sam Cater, chief economist at Freddie Mac. […]
Adidas posts first profit loss in 30 years as it sells off Yeezy inventory
Adidas on Wednesday reported its first annual loss in more than 30 years, warning that U.S. sales will decline this year as the German sportswear giant continues to sell its remaining Yeezy inventory. In 2023, Adidas posted a net loss of $63.4 million, the first time since 1992. MSN Previously reported. Currency-neutral North American sales […]
Christians should take a ‘spiritual inventory’ during Lent, urges faith leader and author
Christians should take a “spiritual inventory” during Lent and strive to improve their relationship with God ahead of Easter, says Christian apologist and author Alex McFarland. he told Fox News Digital. “The Bible speaks in the Gospel of Matthew about the value of finding the ‘treasure hidden in the fields’ and the ‘pearl of great […]
Mobileye’s stock melts down as inventory issues prompt grim revenue warning – MarketWatch
Last updated: January 4, 2024 at 7:40 a.m. ET First Published: January 4, 2024 at 7:18am ET Shares of Mobileye Global Inc. plunged in pre-market trading Thursday after the self-driving technology developer issued a profit warning as customers grappled with excess inventory. Mobileye MBLY expects first-quarter revenue to be down about 50% from $458 million […]