Mubarak Refuses to Quit and Surrenders Powers
Mubarak refused to step down and handed most powers to his vice president. The move sparked protests and fear of violence, as the military announced it would safeguard the nation. Demonstrators in Tahrir Square and outside the president’s Cairo residence pressed for his departure. The army’s role and Obama urged credible democratic reform amid ongoing turmoil.
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Hosni Mubarak
Egypt
Mubarak
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Tahrir
Oruba
Heliopolis
Mohamed ElBaradei
Barack Obama
Obama
Supreme Council
Defense
Hussein Tantawi
California Supreme Court bans ZIP code requests at checkout
The California Supreme Court ruled unanimously that merchants cannot ask for customers ZIP codes when paying with credit cards, deeming ZIP codes as personal identification information and overturning two lower court rulings that had dismissed the case.
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California
Supreme Court
High Court
Mortgage rates rise as low-rate era ends in housing shift
Freddie Mac reports the 30 year mortgage average at 5.05 percent, above 5 percent for the first time since last April, as jobless claims fall and the economy gains momentum. Foreclosures and weak sales persist, while analysts forecast rates around 5.5 percent through year end amid inflation fears and Fed bond purchases.
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New York
Freddie Mac
Greg McBride
Bankrate.com
Treasury
Federal Reserve
Markets Threaded Lower As Dow Dips and Commodities Drift
The Dow Jones Industrial Average fell by 10.60 points to 12,229.29 while the Nasdaq rose 1.38 to 2,790.45 and the S&P 500 gained 0.99 to 1,321.87. The 30 year Treasury yield edged up to 4.77 percent. Corn traded up 5 cents to 6.99, soybeans fell 18 cents to 14.33, wheat declined 20 cents to 9.68, and oil ticked higher by 2 cents to 86.73.
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S&p 500
Treasury
Chicago
Kansas City
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Facebook
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Tion
Calvin Klein
Beauty Calvin Klein
Chanel
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Dolce & Gabbana
Cavers
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