Mortgage rates plunged by nearly a half-percent this week, marking the largest week-over-week decline since November 1981. The rate on the average 30-year fixed mortgage fell to 6.61% from 7.08% the week prior, according to Freddie Mac, which this week changed its methodology calculating rates. The drop follows a sharp decline in the yield on the 10-year Treasury last week after a government showed inflation cooled last month. The sudden decrease gave price-strained homebuyers and sellers… Source link
Read More »Lions aren’t winning, but we’re seeing a historic amount of points in their games
In some alternate universe, we’re excited about the Detroit Lions today. On Sunday they were without running back D’Andre Swift and receivers Amon-Ra St. Brown and D.J. Chark. That’s three big-time playmakers. Without them, Detroit put up 520 yards and 45 points. That’s one of the more impressive offensive days we’ll see this NFL season, given the absences. Finally, the Lions have an exciting team again! Yeah, nobody is talking about that. The Lions’ rapid improvement on offense is entirely… Source link
Read More »Explaining flagrant fouls, amount of reviews
Seeing NBA officials go to the replay center at midcourt has become a commonplace yet frustrating aspect of these playoffs, with refs determining if contact is worth a flagrant foul. What’s a flagrant? Is it a Flagrant 2? What happened to the hard playoff foul, to reasonably stop a player from scoring on a touch foul and going for a 3-point play? The interpretations of the rules have changed through the years and with multiple camera angles equipped in every arena, there’s no lack of… Source link
Read More »Google to slash amount it keeps from sales on its cloud marketplace- CNBC
A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave/File Photo Sept 26 (Reuters) – Alphabet Inc’s (GOOGL.O) Google will take a smaller cut when customers buy software from other vendors on its cloud marketplace, CNBC reported on Sunday. The Google Cloud Platform is cutting its percentage revenue share to 3% from 20%, CNBC said, citing a person familiar with the matter. https://cnb.cx/2XZp7ep “Our goal… Source link
Read More »Google Accounts for a Huge Amount of Apple’s Profits
Every year, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) pays for the placement of Google as the default search engine in web browsers. It files those payments under “traffic acquisition costs,” or TAC, on its income statement. Last year, Alphabet paid nearly $33 billion in TAC, and one company benefited greatly from those payments: Apple (NASDAQ:AAPL). Apple collected around $10 billion in TAC payments last year, according to estimates from Bernstein… Source link
Read More »Already got your third stimulus check? A bonus amount may be on the way
Bloomberg Europe’s Most Indebted Countries Aren’t Ready for Market Reality (Bloomberg) — Europe’s brightening economic outlook as Covid-19 vaccinations pick up is also accelerating the timetable toward a new danger.As investors get ready for growth to break out, they’re also preparing for the inevitable consequence: withdrawal of European Central Bank emergency funding. For the region’s most indebted economies — including perennial standout Italy — that would put them… Source link
Read More »The amount of your third stimulus check may be a surprise — good or bad
The amount of your third stimulus check may be a surprise — good or bad Congress has now completed work on President Joe Biden’s $1.9 trillion relief package, including stimulus checks of up to $1,400 for most Americans. The U.S. House gave final approval on Wednesday; Biden has vowed that he’s prepared to sign the legislation “as soon as I can get it.” Many people should have more cash to pay down debt, save or cover household expenses by the end of March, according to a prediction from… Source link
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