What’s good news for the U.S. economy is suddenly bad news for mortgage rates. A far-better-than-expected May employment report only added to a growing sell-off in the bond market, pushing yields to the highest level since March. Mortgage rates loosely follow the yield on the 10-year Treasury. Rates have been rising this week, after sitting
Month: June 2020
The sun sets behind the Statue of Liberty as it is partially obscured by heat waves from the exhaust of a passing ferry on May 31, 2020 in New York City. Gary Hershorn | Getty Images The Earth had its hottest May ever last month, continuing an unrelenting climate change trend as 2020 is set
HELSINKI — A number of Chinese private launch firms for the burgeoning commercial space sector have reported progress in efforts to develop a range of launch vehicles. Landspace and iSpace are reporting progress with methane rocket engines, while Galactic Energy is moving closer to launch of its Ceres-1 launcher. Deep Blue Aerospace has meanwhile secured
There’s a decent chance buying music is the furthest thing from your mind right now, and I can’t say I blame you. Here in the States, 108,000 people are dead of COVID-19, and protests against the killing of George Floyd raged on for an eighth night. And neither of these society-shaping events are set to
Donald Trump Carlo Allegri | Reuters WASHINGTON – As one of the most tumultuous weeks of his presidency came to a close, President Donald Trump got an unexpected chance to celebrate Friday, when new unemployment figures came in better than expected. According to the Bureau of Labor Statistics, May payrolls grew by 2.5 million, a
Exclusive Kanye West‘s giving a huge assist to the families and legal teams fighting for Ahmaud Arbery, Breonna Taylor and George Floyd … and helping in other ways too. Kanye’s donated $2 million, so far, to the cause and set up a 529 college savings fund to fully cover tuition for Floyd’s 6-year-old daughter, Gianna.
Victor VIRGILEGetty Images From the start of the coronavirus pandemic, the fashion industry has faced its troubles. Store closures, legacy brands filing for bankruptcy, and as of late, fashion houses postponing or canceling upcoming fashion shows. Gucci is the latest house to switch up its Fashion Week strategy announcing that it will only show two
It’s looking like Ghostbusters is going to be the next movie cast to reunite on the online web series Reunited Apart, as host Josh Gad has confirmed his plans to feature the classic move on the next edition of the show. The reunion was first teased at the tail end of Gad’s last Reunited Apart
It was a very Tasha-centric episode. It was revealed that the chemical weapon at the center of Madeline’s plans has a tie to Zapata on Blindspot Season 5 Episode 4. The problem is that particular weapon was checked into evidence nearly a decade ago and Tasha was having trouble remembering much about it. That’s because it
SEOUL (Reuters) – One robot makes cocktails from 25 bottles hanging upside-down from the ceiling, another carves perfect ice balls in the fraction of the time it takes a human with a knife and an ice pick. Robo-bartenders are shaking up South Korea’s cafe and bar culture as the country transitions from intensive social distancing
Introduction to The Posthumous Memoirs of Brás Cubas by Joaquim Maria Machado de Assis, published by Penguin Books, an imprint of Penguin Random House, LLC. Translation copyright © 2020 by Flora Thomson-DeVeaux. Fifteen pages into Memórias Póstumas de Brás Cubas, when the narrator, delirious and on the brink of death, is carried off by a
Interior Design area of the Restoration Hardware store in the Meatpacking District of New York. Source: RH Check out the companies making headlines after the bell. Broadcom — Shares of the semiconductor company climbed 1% in extended trading after Broadcom released its second-quarter financial results. The company posted earnings of $5.14 per share excluding some
EXCLUSIVE w/chart: As more theaters have inched toward opening as COVID-19 safety restrictions are eased in states like Texas, Georgia, and Tennessee, a top 10 box office chart has emerged, and we just got our hands on the last two weekends. First of all, it’s still pretty grim out there and this gives you an
An in-home health-care worker from Amwell coordinates a telehealth visit with a doctor on-screen. Amwell Less than a month after raising almost $200 million to meet skyrocketing demand for remote health care services, Amwell is gearing up to go public, according to people familiar with the matter. Telemedicine has seen an uptick in recent months,
WASHINGTON — The reelection campaign of President Donald Trump has taken down an online ad tied to the recent Demo-2 commercial crew launch after complaints it appeared to violate NASA media guidelines, and criticism from one person who appeared in it. The ad, titled “Make Space Great Again!”, was posted on YouTube June 3 by
GM’s electric offensive to bring at least 20 new EVs to market by 2023 reportedly includes a commercial van. Reuters reported Thursday that the company is developing an electric van for the commercial market code named BV1. The vehicle is expected to start production in late 2021 and will use the Ultium battery system that
Former Minneapolis police officers (L to R) Tou Thao, Thomas Lane, Alexander Kueng Three now-former Minneapolis police officers had bail set at up to $1 million at their arraignment Thursday on charges of aiding and abetting a fourth cop in the alleged murder of George Floyd, a black man whose Memorial Day death while in
Steve Priest, the bassist who also sang in the London glam rock band the Sweet, has died. Priest’s bandmate Andy Scott confirmed the news in a Facebook post. He was 72. Priest joined the Sweet in 1968 and stayed with the group for all of their nine studio albums. They disbanded in 1982. The band
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