The housing market was hit with another blow as the average rate on the 30-year fixed mortgage surged past 7% on Monday, marking the first time since December. The initial jump occurred after the release of the January employment report, which exceeded expectations. Additionally, a monthly manufacturing report further contributed to the increase in rates.
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In an exciting development, Google Bard is undergoing a rebranding exercise and will soon be known as Gemini, according to a leaked changelog. The changelog, dated February 7, reveals several significant announcements surrounding the AI chatbot. The decision to rename Bard to Gemini aims to highlight the name of the foundation model powering the chatbot.
Over the weekend, a horrifying incident took place in Jaywick, Essex, resulting in the tragic death of 68-year-old Esther Martin. Mrs. Martin was attacked by two dogs inside a house while she was visiting her 11-year-old grandson. Neighbors recall hearing screams of terror, describing the situation as “horrific.” This incident has sparked an investigation by
The Asian markets kicked off the holiday-shortened week with a mix of performances as investors eagerly awaited policy decisions from central banks in the region, including the Reserve Bank of Australia and the Reserve Bank of India. The week is set to be filled with various economic data releases and shortened trading weeks due to
The Pro Bowl Games concluded on Sunday, delivering an exhilarating display of athleticism and skill. All-Pro wide receiver Tyreek Hill showcased his speed and agility, while Keenan Allen demonstrated his versatility with a strategic lateral pass. The event, which featured NFC and AFC stars competing in a flag football game, not only entertained fans but
In a recent interview with “60 Minutes,” Jerome Powell, Chair of the Federal Reserve, emphasized that the central bank would proceed with caution when it comes to interest rate cuts this year. Contrary to market expectations, Powell suggested that the pace of rate cuts would be considerably slower. This cautious stance stems from Powell’s confidence
In a stunning display of skill and determination, Arsenal managed to secure a vital victory over the lacklustre leaders, Liverpool, in a thrilling Premier League match. The result has sent shockwaves throughout the football world and has enlivened an already intriguing title race. While some may argue that Arsenal benefitted from defensive errors made by
The birth tissue product industry in the United States has recently come under fire, with accusations of fraudulent billing to Medicare for unapproved indications. Leading experts in the field, such as Dr. Chris Centeno, have raised concerns about the unethical practices of these companies. The implications of such fraudulent billing practices not only cost the
McDonald’s has been performing well in recent quarters, outpacing its rivals and experiencing sales growth. However, the third quarter saw a decline in U.S. traffic as low-income diners reduced their visits. With analysts expecting modest growth in U.S. same-store sales for the fourth quarter, McDonald’s and other fast-food chains face the challenge of growing traffic
A recent report by the US Centers for Disease Control and Prevention (CDC) has shed light on the concerning rise and spread of severe skin, scalp, and nail fungal infections. These infections, which are highly contagious and drug-resistant, pose a significant challenge to healthcare professionals and the general public alike. Initially concentrated in Southeast Asia,