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Danielle Kaye
Posts
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30-Year Mortgage Rate Rises Above 7% for First Time Since May
The latest jump threatens to sideline more buyers and sellers.
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John Deere Sued by FTC Over Equipment-Repair Practices
The lawsuit against the maker of John Deere tractors represents a final push in the Biden administration’s broader efforts to make repairs less costly for...
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Mastercard Agrees to Settle Pay Discrimination Suit for $26 Million
The complaint accuses the company of underpaying female, Black and Hispanic employees compared with their male and white counterparts.
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California Fires Lead to Prices Hikes on Some L.A. Rentals
Despite a law against price gouging during a state of emergency, some rental listings have shot up above the allowable 10 percent overnight.
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30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.
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As Trump Praises Meta Decision, Tech Watchdogs Warn of Surge in Disinformation
While Republicans praised the move, some groups cautioned that effectively ending Meta’s fact-checking program would also lead to more conspiracy theories.
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Egg Prices Jump Before Holidays as Bird Flu Spreads
Costs have soared again amid a bird flu outbreak, bringing renewed attention to the fact that while inflation is cooling, prices are still elevated.
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PG&E Secures $15 Billion Loan From U.S. Energy Department
The loan, the biggest-ever commitment from the Loan Programs Office, is intended to fund the California utility’s grid and climate resiliency projects.
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Carlos Watson, Ozy Media Co-Founder, Is Sentenced to Almost 10 Years in Prison
A federal jury in July found Mr. Watson, who started the digital media company in 2013, guilty of trying to defraud investors and lenders.
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F.T.C. Sues Largest U.S. Alcohol Distributor for Illegal Pricing
The suit, under a long-dormant antitrust law, accuses Southern Glazer’s of charging small businesses “drastically” more than big chains.