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Newspaper
Sun Journal
Location
New Bern, North Carolina, United States of America
Date
Oct 04, 2019
Page
5
Freddie Mac reported the 30-year fixed mortgage rose to 3.65 percent this week from 3.64 percent, with 15-year at 3.14 percent and five-year ARMs at 3.38 percent. Points held at 0.6 and 0.4 respectively.
Major universities worldwide received at least 60 million dollars over five years from the Sackler family, owners of Purdue Pharma, amid lawsuits over the opioid crisis. Donations funded genetics, brain development research, medical schools, and scholarships, with widespread ethical debate about accepting blood money and calls to return funds.
The Federal Trade Commission orders Juul and five other vaping companies to provide information on e cigarette marketing. Regulators seek details on giveaways online influencer programs and campus promotions amid a broad crackdown to curb teen vaping.
U S equity indices rise as investors increasingly expect a rate cut this month amid weak services data and lingering manufacturing stress. Treasuries rally and the dollar weakens while stocks gain led by technology. Global yields slide with U S and European debt moving lower. Investors await payrolls data and Powell speech to gauge further stimulus prospects.
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