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The average long-term U.S. mortgage rate climbed this week to its highest level since mid-March, according to weekly data compiled by mortgage buyer Freddie Mac. The rate on the 30-year fixed mortgage rose to 6.57% this week from 6.39% a week ago. One year ago, it averaged 5.10%.”The U.S. economy…
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Asking your issuer for a credit card limit increase is relatively easy to request, and most experts say if you can manage your temptation to overspend, and you have a solid pay-back history, it may be something to consider. “I think asking for a credit line increase is a good…
Gas prices rose again for the third week in a row, but with oil costs stabilizing, drivers could see some relief at the pump in the weeks ahead, according to AAA. The national average cost for a gallon of gas increased by less than five cents from last week to $3.68, reflecting…
The average American’s Retirement Score has dropped to 78, a decrease from its 2020 all-time high of 83, according to the latest Retirement Savings Assessment report by Fidelity Investments. This means the typical American has a 78% chance of covering estimated retirement expenses in a down market, based on Fidelity’s…
Binance U.S. clients have $2.2 billion ‘at significant risk’ after crypto exchange charged, SEC says
The $2.2 billion of U.S. customer assets held by Binance is at “significant risk” of being stolen by founder Changpeng Zhao unless a freezing order is in put place, federal regulators said in a filing Tuesday night, after the crypto regulator was charged by the Securities and Exchange Commission.Lawyers from…
It’s been nearly a decade since Apple revealed its last major product, the Apple Watch.Now, the company has a completely different kind of wearable, the mixed-reality headset called the Vision Pro, which the company revealed at its annual Worldwide Developers Conference on Monday.I got to take one for a test…
Martha Stewart has waded into the hotly contested remote work debate. In an interview with the magazine Footwear News, the author, TV personality and entrepreneur slammed hybrid work culture, saying that people cannot “possibly get everything done working three days a week in the office and two days remotely.” Stewart’s…
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The Japanese banking giant Mitsubishi UFJ says it will launch a cross-chain stablecoin issuance and interoperability platform next year.In an official Mitsubishi UFJ announcement, the firm stated that it would work with a Tokyo-based company named Datachain to “build cross-chain infrastructure for stablecoins.”Mitsubishi UFJ began piloting the project back in…