Category Business

Mortgage Rates Jump Back Above 7%

Mortgage Rates Jump Back Above 7%

It has undoubtedly been an extremely volatile week for financial markets and that includes the U.S. bond market to be sure.  As an example, the poster child for the U.S. bond market, the 10yr Treasury, saw its biggest week-over-week increase…

Edison to bury more than 150 miles of power lines

Edison to bury more than 150 miles of power lines

More than 150 miles of electrical power lines damaged by the Palisades and Eaton fires in Malibu and Altadena are slated to be replaced with underground lines, Southern California Edison announced Friday. The years-long project would reduce the future risk…

A bitter price hike in US coffee shops

A bitter price hike in US coffee shops

Sakshi Venkatraman and Imogen James BBC News, Washington DC BBC Jorge Prudencio says the price of his Colombian-imported coffee is rising The price for a cup of coffee in the US is going up as tariffs put the squeeze on…