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Mortgage Rates Drop Below 3% for First Time, Tempting Home Buyers

by mujair | Jul 16, 2020 | Business & Finance News

Home loans have never been cheaper, if you can find a willing lender. The average rate on 30-year fixed mortgages has fallen below 3 percent for the first time, as the Federal Reserve’s recent efforts to pump trillions of dollars into financial markets to support the...

Netflix Appoints Ted Sarandos as Co-Chief Executive

by mujair | Jul 16, 2020 | Business & Finance News

Netflix announced a significant leadership change Thursday, appointing Ted Sarandos, the content chief, as its co-chief executive alongside Reed Hastings. “I am excited to announce that we have appointed Ted Sarandos to be Netflix co-C.E.O. with me, and also elected...

Small Businesses Struggle to Plan for What Comes Next

by mujair | Jul 16, 2020 | Business & Finance News

Phil Tulkoff’s family has owned a Baltimore condiment company for more than 90 years, and he’s uneasy. Not because business at Tulkoff Food Products is bad — he lived through that this spring — but because it is suddenly good. “I don’t know what to expect,” said Mr....

Stocks Slip Ahead of Fresh U.S. Economic Data: Live Updates

by mujair | Jul 16, 2020 | Business & Finance News

Here’s what you need to know: Megan Searfoss, the owner of Ridgefield Running Company, at her new store in Darien, Conn., which is opening on Thursday.Credit…Chang W. Lee/The New York Times A fresh reading on signs of economic recovery — or a possible retreat —...

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