Mortgage rates fall a third week in a row as housing market tilts in homebuyers’ favor Mortgage rates fell again this week amid relentless inflation and persistent doubt around the health of the U.S. economy. The rate drop — the third in as many weeks — was slight but still meaningful given rising home prices and generally higher borrowing costs. America’s most popular home loan — the 30-year fixed mortgage — is still significantly more expensive than it was last year. That’s… Source link

This article is part of our Yahoo DFS Baseball series. It’s a big day for afternoon baseball Saturday. In fact, only four games are starting in the evening. As such, the main slate of contests on Yahoo kicks off at 4:05 p.m. ET. However, you get 12 matchups to select players from, and it’s not so early in the day that you have to sweat getting your lineups in. Here are my recommendations. Pitching Triston McKenzie, CLE at BAL ($48): I like McKenzie as a pitcher, and this year he’s been… Source link

Arkady Volozh, co-founder of the largest Russian technology firm Yandex, has resigned as CEO after being targeted by EU sanctions over the war in Ukraine. The Moscow-based company, which has its business address in Amsterdam, announced on Friday June 3 that Volozh has stepped down as executive director and CEO, and will hand his voting powers to the board. The move came after the EU sanctioned Volozh for “materially or financially” supporting Russia, which invaded Ukraine in February. … Source link

Penn State wrestling icon Bo Nickal had as impressive a debut in the world of MMA as he could have asked for. Nickal wasted no time in knocking out his first opponent in an MMA ring, thus living up to the hype the former Division 1 national champion had coming into the world of mixed martial arts. And after his first match, Nickal put the rest of the MMA world on notice with a stern warning. “Every single middleweight on the planet, I don’t care what organization you’re in, UFC,… Source link

The topic du jour in the world of business is: What are top execs seeing that others are missing? If you’ve been following the news, you are likely familiar with the headlines: Tesla (TSLA), Coinbase (COIN), and Meta Platforms (FB) are just some of the companies that have announced layoffs or hiring freezes in recent weeks. And these stories come as Jamie Dimon — the JPMorgan (JPM) boss who occupies a spot not far behind Warren Buffett as the “business leader most people listen to” — said… Source link

Google has disabled businesses ability to use RCS for promotion in India, the company’s biggest market by users, following reports of rampant spam by some firms in a setback for the standard that the company is hoping to be the future of SMS messaging. Rich Communication Services, or RCS, is the collective effort of a number of industry players to supercharge the traditional SMS with modern features such as richer texts and end-to-end encryption. Google, Samsung… Source link

Brent Musburger is done calling games for the Las Vegas Raiders. The longtime broadcaster who’s worked as the team’s radio play-by-play voice since 2018 announced the news on Twitter Friday morning while thanking the franchise for “fond memories.” Musburger, 83, didn’t expound on his exit or what might come next. The Raiders didn’t address his departure. Musburger joined the Raiders for their last two seasons in Oakland prior to their move to Las Vegas in 2020. Long known for his on-air… Source link

By Dorothy Atkins (June 3, 2022, 6:39 PM EDT) — Yahoo has urged a California federal judge to grant it a post-trial judgment invalidating software company Droplets Inc.’s patent following Yahoo’s $15 million jury trial infringement loss, while Droplets asked the judge to tack on $17.6 million in interest to the judgment and award $3 million in fees and costs. In separate post-trial motions filed Wednesday, Yahoo and Droplets each took turns asking U.S. District Judge Jon S. Tigar to… Source link

Chevrolet Bolt EV The 2023 Chevrolet Bolt will be the cheapest EV you can buy in America — with a caveat. Earlier this week General Motors (GM) revealed pricing for the 2023 version of the Bolt EV. The base 1LT and better equipped 2LT models are now priced at $26,595 and $29,795 respectively, which GM says is a price cut of $5,900 per model compared to last year. The larger Bolt EUV is getting an even bigger price cut, at least nominally speaking, of $6,300. For the regular Bolt EV, that price… Source link

U.S. stocks slid Friday to close the week lower as investors weighed May jobs data that likely gave Fed policymakers a signal labor market conditions can weather a more aggressive rate hiking cycle. Friday’s sell-off was led by tech stocks, with the Nasdaq Composite falling 2.5%. The S&P 500 fell 1.6%, while the Dow Jones Industrial Average shed 350 points, or 1%. Treasury yields rose following Friday’s jobs data, with the yield on 10-year Treasury jumping as much as 7 basis points to just… Source link