Mortgage rates tick up yet near historic lows
Freddie Mac reports the 30 year average rose to 3.58 percent from 3.55 percent while the 15 year rate edged to 3.06 percent. Lower rates contrast with thin home inventories and high prices, limiting sales despite cheap borrowing costs. Best Buy posts strong profit but revenue misses estimates as shares fall. Facebook says it is in regular contact with the FTC over Messenger Kids and notes a technical error allowed unapproved chats.
MENTIONED IN THIS ARTICLE
Washington
U.S
Freddie Mac
United States
China
Richfield
FTC
Messenger Kids
Kevin Martin
U.S. Public Policy
Ed Markey
Massachusetts
Richard Blumenthal
Connecticut
Markey
Martin
Facebook
Rohit Chopra
Chopra
High-voltage women break ground in lineman ranks
Duke Energy lineman Jordan Demartino, one of five women among about 2,500 workers, proves female lineworkers can earn six figure salaries while facing demanding, high risk jobs. Across the industry women remain underrepresented as training programs struggle to recruit more candidates.
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Simpsonville
S.C
South Carolina
Duke Energy
Jordan Demartino
Demartino
New York
Georgia
Duke
Jordan
Dominion Energy
California
Pg&e
Xcel Energy
Shelby
North Carolina
Natalee Nieves
Cleveland Community College
Sarah Blake Morgan
Popeyes Chicken Sandwich Sparks Social Media Storm
Greensboro crowds rush to Popeyes after the new chicken sandwich debuts on brioche buns with pickles. Stores sell out, lines form, and staff report high demand while customers compare it to Chick-fil-A as social media roasts and memes flood the feed.
MENTIONED IN THIS ARTICLE
Greensboro
Popeyes
New Orleans
Wendy’s
Gate City Boulevard
Thomas Byrd
Byrd
Gate City
Isaiah Williams
Kyle
Texas
America
Eric Gay
Markets rally on trade optimism and global cues
U.S. stocks rose as China signaled it would not immediately retaliate to tariff hikes, boosting risk appetite. Treasuries edged lower, gold dipped, and the dollar hit a near two year peak while stocks across Asia and Europe advanced on trade hopes and softening tariff tensions.
MENTIONED IN THIS ARTICLE
U.S
China
Treasuries
Commerce Ministry
Asia
Donald Trump
Trump
Chris Gaffney
World Markets
TIAA
U.S. Treasuries
Treasury
Steven Mnuchin
West Texas
Europe
Italy
Euro
Yuan
Bank of Korea
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Best Buy
Facebook Inc
U.S. Federal Trade Commission
Nieves
Nilsa Lopez
Danville
Clarence Woods
Amy
U.K