Author: News Room

Mortgage rates dropped for the second week in a row, falling nearly a quarter of a percentage point over the past two weeks in the face of stronger-than-expected employment and inflation data. The 30-year fixed-rate mortgage averaged 6.74% in the week ending March 14, down from 6.88% the previous week, according to data from Freddie Mac released Thursday. A year ago, the average 30-year fixed-rate was 6.60%. But while rates are expected to move around in the next few months, homebuyers shouldn’t expect a major drop. “Despite the recent dip, mortgage rates remain high as the market contends with the…

According to Spot On Chain, the on-chain platform for crypto analytics, Arbitrum (ARB) price dropped 11% amid a market downtime and a major unlock. In a post on X, Spot On Chain noted that six wallets that recently received tokens from vesting contracts deposited 8.95 million ARB, equivalent to $16.4 million to Binance. The $ARB price dropped 11% (12H) amid a market downtime and a major unlock!In the past 12 hours, 6 wallets, which just received tokens from vesting contracts, have deposited 8.95M $ARB ($16.4M) to #Binance.They still hold 32.95M $ARB ($56.7M) and may deposit out more tokens!… pic.twitter.com/165fOuMpvh —…

President Joe Biden’s campaign effort brought in $53 million in February, a sign of accelerating donor interest over a month that saw the election rematch crystalize between Biden and former President Donald Trump. The figure, which includes funds from Biden’s campaign, the Democratic National Committee and related joint fundraising committees, contributed to the $155 million Biden’s effort had in the bank at the end of February. That’s the most cash any Democratic presidential candidate has ever had at this stage in the election cycle, and provides Biden a significant advantage over Trump, whose fundraising has lagged behind the Democrats’ over…

The anticipation for cricket’s era-defining foray into the world’s biggest sports market has reached feverish levels, with additional tickets to be released for June’s T20 World Cup held in the U.S. and Caribbean. But there are no more tickets available for the India and Pakistan blockbuster on June 9 in New York. The match between the nuclear-armed foes lived up to the hype as the hottest ticket of the tournament after being oversubscribed more than 200 times the allocation, according to the International Cricket Council. Only four out of the 55 matches don’t have public tickets available with the others…

The US government is cracking down on cable TV “junk fees,” forcing providers to publish a single, comprehensive price — so consumers know up front exactly how much they’ll pay for services inclusive of all extra costs. The junk fees crackdown is part of a series of moves the Federal Communications Commission announced Thursday. During its monthly open meeting, the agency addressed other consumer issues, including finalizing a new cybersecurity product label for hack-resistant tech gadgets and releasing a report finding that 24 million Americans still lack high speed internet access. The new junk fees rule requires cable and satellite…

May 2022 marked the end of Crypto’s last bull run, with the collapse of the TerraUSD stablecoin – an event that saw $45 billion in market capital wiped out in one week. The events that followed resulted in an unrelenting bear market finally ending. However, during this Crypto Winter, projects continued to be built and innovation didn’t stop. The events of the past 18-20 months have seen the industry at large actively trying to remedy the damage done, showing resilience and signs of maturity. How? Well, to start with, regulations have taken a central role in building the industry’s credibility,…

Senate Majority Leader Chuck Schumer’s warning that Israel risked becoming a “pariah” and his call for new elections marked a momentous moment in modern US-Israel relations. Schumer’s rebuke of Prime Minister Benjamin Netanyahu Thursday contained extraordinarily strong language for a senior US politician criticizing the Israeli government. It was all the more remarkable coming from the New York Democrat who has a long record of staunch support for the Jewish state. The Senate floor speech was also an unmistakable sign of increasing frustration among top Democrats about Netanyahu’s conduct of the war in Gaza following the October 7 Hamas terror…

On a cool Saturday afternoon, the Kansas City Current were lined up against the Portland Thorns for the third time in four seasons. While the Current were set to make history in their new venue at CPKC Stadium, it also marked a full circle moment as the pair of teams initially kicked off their inaugural NWSL seasons the same way back in April 2013. With a sold out crowd of 11,500 fans, the Current hosted an electric game as their 5-4 victory fueled the crowd to begin a new chapter in NWSL history as it was the first ever game…

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The trial, originally set to start on March 25, has been pushed back to accommodate a defence review of new evidence.A judge in New York has agreed to postpone a criminal trial against former United States President Donald Trump for 30 days so that the defence team can review new evidence. Judge Juan Manuel Merchan granted the delay on Friday after prosecutors signalled they were willing to push back the start of the trial, which centres on hush money payments made during the 2016 presidential race. The trial was originally scheduled to begin on March 25. Even with the delay…