Demand for mortgage refinancing increases as rates fall
Home in Hercules, California, US. Bloomberg | Bloomberg | getty images After rising over 8% in October, mortgage rates are falling again toward 7%, and that’s fueling the refinance market. Last week, the average contract interest rate for a 30-year fixed rate mortgage with a conforming loan balance ($726,200 or less) decreased from 7.37% to […]
Saudi Arabia offers 30-year tax relief plan to lure regional corporate headquarters
Urban view of Riyadh, the capital of Saudi Arabia. Harry Jarvalenen Photography | moment | getty images Dubai, United Arab Emirates – Saudi Arabia announced 30 year tax exemption package The move for foreign companies to set up their regional headquarters in the state is the latest step in its aggressive campaign to attract international […]
US consumers need to wake up to ‘out of control’ card interest: Economist
The US economy should be able to avoid a recession next year, according to economist Carl Weinberg – but a sharp decline in consumer spending is one of the biggest risks of that event. “Consumers are becoming aware of the fact that they are financing their spending by running up their credit cards, and the […]
Hero MotoCorp, Ather Energy partner on interoperable EV charging stations
Ather_Energy (Photo: Ather Website) two wheeler manufacturer Hero MotoCorp It has partnered with Ather Energy for an interoperable fast-charging network in the country, the company said in a regulatory filing with the BSE on Wednesday, December 6. The partnership will allow EV users to use both VIDA and Ather grids across the country. The combined […]
Vedanta’s Hindustan Zinc will pay interim dividend of Rs 2,535 crore
Hindustan Zinc is owned by Vedanta Limitedannounced on Wednesday that it will pay an interim dividend of Rs 6 per equity share for 2022-23. According to the announcement, the total expenditure on this will be Rs 2,535.19 crore. The record date for payment of the dividend is December 14, 2023. Notably, Hindustan Zinc is the […]
Charter shares fall after CFO says company could lose broadband subscriptions
Sopa Images | LightRocket | getty images charter Shares fell more than 8% on Tuesday after CFO Jessica Fisher said the company could lose broadband customers in the fourth quarter. charter competitor ComcastThe stock slipped more than 3% in afternoon trade as well. “I can certainly see that it’s a possibility that we could add […]
Eli Lilly weight loss drug Zepbound is available in US pharmacies
The FDA has approved Eli Lilly’s Zepbound, a weight loss drug similar to Ozempic and Vegovy. Courtesy: Eli Lilly Eli Lilly Said on Tuesday that its recently approved weight loss treatment zepbound is now Available in pharmacies Across America, rivals are acting as alternatives to obesity drugs. wegovy which is facing supply issues, Zepbound is […]
CVS will change prescription drug prices
A man walks past a CVS Pharmacy store in Manhattan, New York, US on November 15, 2021. Andrew Kelly | reuters CVS Health said on Tuesday that it would happen restructuring It changes how prescription drugs are priced and eliminates a complex model that typically determines how much pharmacies are reimbursed and how much patients […]
Stellantis revives small EV for US, starting at $34,095
2024 fiat 500e. Stellantis Detroit – Stellantis is reviving the all-electric Fiat 500e for the US market, as the automaker begins releasing electric vehicles domestically to meet stricter fuel economy regulations. Stellantis said Tuesday it expects the small city car to go on sale early next year as a special edition “(500e)RED” model, with prices […]
SpaceX plans to demonstrate NASA refueling for next Starship launch
SpaceX’s next-generation Starship spacecraft is set to launch with its powerful Super Heavy rocket on November 15, 2023, from the company’s Boca Chica launchpad on an unmanned test flight near Brownsville, Texas, US. Joe Skipper reuters SpaceX may attempt a significant demonstration for NASA during the third test flight of its giant Starship rocket, according […]