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See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are hovering near 6% today, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates remain in the low 5% range, according to Zillow data. Average Refinance Mortgage Rates TodayRefinance rates have inched up after dropping in September. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data.
Persons: they're, they've, you'll, Freddie Mac, it's, They'll Organizations: of Labor Statistics, Federal, Zillow, Fed Locations: U.S, Chevron
CNN —Things got unexpectedly racy onboard a recent Qantas flight when an R-rated film was played on all the aircraft’s screens. In its statement, Qantas said crew initially attempted to fix the screens for customers who did not want to watch the movie. The airline said cabin crew apologized to passengers, “particularly those who had complained about the content” and will follow up with them. “The movie was clearly not suitable to play for the whole flight and we sincerely apologize to customers for this experience,” said a Qantas spokesperson. We are reviewing how the movie was selected.”CORRECTION: An earlier version of this report misidentified the movie’s star.
Persons: , Dakota Johnson, Sean Penn Organizations: CNN, Qantas, US Motion Pictures Locations: Sydney
Two other urgent care centers — one in Boone and one in Wilkesboro — opened shortly after Helene. The Asheville clinic is also operating on a generator. An urgent care FastMed in Asheville, N.C., on Saturday. The Asheville FastMed clinic, situated in the heavily damaged Biltmore Village, was fairly quiet Saturday but treated a few patients Friday. “It is a blessing to have the urgent care very close to our house and be able to get the help you need,” she said.
Persons: CANDLER, Hurricane Helene, Elena Gherasim, , , Helene, Minyvonne Burke, Andrew Sawyer, Candler, Sawyer, ” Sawyer, Gherasim Organizations: Mission, NBC Locations: N.C, North Carolina, Hurricane, West Asheville, FastMed’s, Asheville, Candler, Hendersonville, Boone, Wilkesboro —, Burnsville , West Asheville, Weaverville, Waynesville, Foothills, Brevard
The stimulus measures should have come far sooner, says Lun, but better late than never. Beijing has largely held back on unveiling fiscal measures, which can include the use of taxation or other measures to impact public spending. Another one trillion yuan may be set aside for recapitalizing banks or helping indebted local governments to issue bonds. Jia said China’s economy had expanded sufficiently since then to support the issuance of Treasury bond financing between four trillion to 10 trillion yuan. Any meaningful stimulus measures must tackle the problem of oversupply in the property market, experts said.
Persons: Francis Lun, he’s, Lun, , we’re, Juliana Liu, Ray Dalio, Pan Gongsheng, Li Yunze, Wu Qing, Pan, Jing Liu, it’s, Xi, Jia Kang, Jia, Chi Lo Organizations: Hong Kong CNN —, Index, CNN, Geo Securities, Nikko Asset Management, Bridgewater Associates, National Development Reform Commission, People’s Bank of China, Financial Regulatory, China Securities Regulatory, HSBC, Reuters, Ministry, Finance, Ministry of Finance, China Academy of New, Barclays, BNP, Management Locations: China, Hong Kong, Causeway, Beijing, Renhuai
Since the Fed will likely be able to take a slower approach to lowering rates, mortgage rates are unlikely to go down further this year. Current 30-Year Mortgage RatesAverage 30-year mortgage rates are around 6%, according to Zillow data. In September, 30-year refinance rates averaged 5.89%, while 15-year refinance rates were around 5.19%. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. Now that the Fed has cut rates, mortgage rates may not drop much in October.
Persons: they're, you'll, Freddie Mac, it's, they've Organizations: Bureau of Labor Statistics, Federal, Zillow, Fed Locations: U.S, Chevron
In between job applications, he drove for Lyft and landed a job in 2021. Tetpon suspects his age and his industry's intense competition have impacted his ability to land a job. Advertisement"Job seeking initially has become a full-time job again — seven, eight hours a day applying for roles," Tetpon said. Of these applications, he's had nearly 30 interviews, and he made it to the final round for three positions. Between job applications, Tetpon drives five days a week for Lyft, earning about $3,000 a week.
Persons: Sean Tetpon, ageism, , Tetpon, hasn't, it's, constricting, he's, he'd, I'm, He's, I've Organizations: Service, University of Idaho, IBM, Lyft, BI Locations: America, Atlanta, ageism
CNN —When baby pygmy hippo Moo Deng appeared on Molly Swindall’s social media feed for the first time, it was love at first sight. Soon, the baby hippo was an internet sensation, a status cemented last week when Moo Deng became the subject of a skit on Saturday Night Live. Lillian Suwanrumpha/AFP/Getty ImagesOnce Swindall committed to flying to Thailand to see Moo Deng, she knew she had to go ASAP. Others were confused, assuming Moo Deng was a music artist or a long-distance partner. It’s been very, very fun to be able to connect with all these different people over it.”Since her Moo Deng adventure, Swindall’s follower count has ballooned, with one Moo Deng TikTok garnering over 5 million views.
Persons: Deng, Molly, Swindall, She’s, Moo Deng, Moo, , , I’m, Lillian Suwanrumpha, Swindell, ’ Swindall, Molly Swindall Swindall, Taylor Swift, Taylor, “ They’re, Swift, Moo Deng ” –, ” Swindall, Moo Dang, it’d, Swindall’s, she’s, it’s, It’s, Moo Deng TikTok, that’s, Molly Swindall, “ I’m, There’s Organizations: CNN, CNN Travel, Getty, Swindall, Washington Post, Melbourne Locations: Khao, Thailand, New, AFP, New York, London, Amsterdam, Bangkok, TikTok, Melbourne, Australia
See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are hovering near 6%, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates are in the low 5% range, according to Zillow data. Average Refinance Mortgage Rates TodayRefinance rates are a bit higher today after dropping in September. Last month, 30-year refinance rates averaged 5.89%, while 15-year refinance rates were around 5.19%.
Persons: they've, you'll, Freddie Mac, it's, refinance Organizations: of Labor Statistics, Labor, Federal Reserve, Zillow, Fed Locations: U.S, Chevron
AdvertisementThe September jobs report offered good news all around — except to those expecting a second straight jumbo 50-basis-point rate cut from the Federal Reserve next month. In addition, the unemployment rate unexpectedly fell to 4.1%, bucking estimates that it would stay unchanged at 4.2%. Analysts agree that September's blowout job numbers make an aggressive interest rate cut harder to justify. Advertisement"Did the Fed even need to cut rates in September, let alone cut by 50 basis points?" Late last month, the bank predicted that investors would take on more risk if the unemployment rate hit 4.1% and if payrolls reached above 150,000.
Persons: , Seema Shah, Glen Smith, Morgan Stanley, payrolls, Smith Organizations: Service, Federal Reserve, Asset Management, GDS Wealth Management, Federal
The September jobs report came in stronger than expected, with 254,000 jobs added. AdvertisementThe latest jobs report might be just what Vice President Kamala Harris needs. The latest jobs report could change that — taking away some of former President Donald Trump's ammunition to hammer Harris on the economy. AdvertisementRecent days have included not only a stellar jobs report but also the end for now of the dockworkers' strike at East Coast ports. "With today's report, we've created 16 million jobs, unemployment remains low, and wages are growing faster than prices," the statement said.
Persons: Kamala Harris, Trump, Harris, Biden, , Joe Biden, Donald Trump's, Matt Colyar, Colyar, Pew, leaners, they're, we've, Labor Julie Su, We've, we're Organizations: Service, Moody's, University of Michigan's, Consumers, Pew Research Center, Democratic, Republican, The New York Times, Siena College, Pew Research, Labor Locations: East Coast
Jennifer Ann Crecente, a high school girl murdered in 2006, recently reappeared as a chatbot on Character.ai. It had been 18 years since Jennifer Ann, a high school senior and Crecente's only child, was murdered by her ex-boyfriend in Austin. Grieving, Crecente had started a nonprofit in her name, working since 2006 to raise awareness for teenage dating violence. Drew CrecenteThe website also listed Jennifer Ann as an "expert in journalism" with expertise in video game news. "This is not quite impersonation in the sense that it seems transparent that it is an AI model," Conitzer said of the chatbot mimicking Jennifer Ann.
Persons: Jennifer Ann Crecente, , Drew Crecente, Jennifer Ann, Crecente, she'd, I've, he'd, Jennifer Ann's, Brian, Brian Crecente, Character.ai, y3gvAYyHVY, Jennifer Ann chatbot, he's, they're, Cassie Lawrence, Vincent Conitzer, Conitzer, Sue Morris, Dana, they've, Morris, Noam Shazeer, Daniel De Freitas, Shazeer, De Freitas, Winni Wintermeyer, Elon Musk, Nicki Minaj, Ryan Gosling, Andreessen Horowitz, Dominic Perella Organizations: Service, Google, BI, Safety, Institute for, Oxford University, Farber Cancer Institute, Washington, Financial Times, Business Locations: Character.ai, Austin, San Francisco, Character.AI, Boston
The jobs market had a very strong September
  + stars: | 2024-10-04 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +3 min
The Fed is pivoting away from fighting inflation to supporting the labor market. The encouraging numbers doubled down on a labor market that's showing signs of strength after a slowdown. The Federal Reserve signaled a pivot from fighting inflation to supporting the job market with a 50-basis-point interest rate cut in mid-September, the first cut in four years. AdvertisementWage growth was another highlight for the labor market in September. The latest jobs report didn't just indicate a strong September.
Persons: , Glen Smith Organizations: Service, Federal Reserve, BLS, GDS Wealth Management, Fed
“My little boy has returned from 3 weeks inter-railing,” Allsopp wrote on X, referring to a popular European train pass called Interrail. There are additional requirements for French residents, and passengers under 16 are not allowed to travel unaccompanied by an adult on direct trains to or from the Netherlands. However, as the employee also noted, different member hostels may have their own rules about age requirements. The Netherlands-based Stayokay hostels, for example, require a minimum age of 16 years for travelers unaccompanied by an adult at their 21 locations. chekyfoto/iStock Editorial/Getty ImagesProponents of allowing eager young travelers to explore the world at ages that might raise a few eyebrows say the benefits can outweigh the risks.
Persons: CNN —, Kirstie Allsopp, ” Allsopp, Oscar, Allsopp, Lenore Shenazy, , Joe Maher, couldn’t, ” Carolyn Pearson, ” Pearson, Pearson, , there’s, ” Mark Smith, ” Smith, Hilton, Cole Robinson, , Robinson, ” Robinson, , Peter Austin, Jenny Rankin, Rankin, ” Rankin, Jonathan Alder, Jonathan’s, ” Alder, Alder, Carolyn Pearson, Michelle Couch, Friedman, Couch, “ I’ve, they’ve, it’s, ” Couch Organizations: CNN, CNN Travel, , Union, Eurostar, European Union, EU, Amtrak, Hostelling International, Resorts, South America, Filmit, , , Consumer Locations: Europe, Paris, Brussels, Amsterdam, Berlin, Barcelona, Madrid, US, Netherlands, Hyatt, Manchester, Eixample, South, California, Japan, – Japan
Tim Walz said he believes his rival for vice president, Sen. JD Vance of Ohio, wants to solve the nation’s immigration crisis, but he questioned whether former President Donald Trump really does. Vance acknowledged that Walz wants to solve the problem, too, but he questioned whether Vice President Kamala Harris really does. Vance said he and Walz “probably agree that we need to do better” on addressing gun violence. “I think Tim Walz agreed with JD Vance significantly more times in this debate. “Look, I’ve known Tim Walz 16 years, and that’s who he is,” Colorado Gov.
Persons: Tim Walz, Sen, JD Vance, Ohio, Donald Trump, Vance, Walz, Kamala Harris, , , Walz “, — Vance, , , ” Walz, Tuesday’s, Harris, Dick Cheney, Joe Lieberman, Cheney, Republican George W, Bush, ” Rep, Byron Donalds, they're, Jasmine Crockett, Wajahat Ali, ” Ali, Dems, ” Symone Sanders, ” Sanders, that’s, Jared Polis, ” Vance, Tim, Joe Biden, Kamala Harris ’, “ Donald Trump, Margaret Brennan, scrutinizing, “ I’ve, Brennan, Trump, Biden, It’s Organizations: Minnesota Gov, Republican, CBS News, , NBC, Democratic Party, MSNBC, Democrat, NBC News, Washington Post, U.S . Capitol, White Locations: Minnesota, Springfield , Ohio, Trump, D, Texas, Colorado, Springfield, American, Mexico, America, Hong Kong, China, Beijing, Walz
As year-end approaches, you may be eyeing Roth individual retirement account conversions. The strategy, however, boosts your income, which can have other tax consequences, experts say. Roth conversions shift pretax or nondeductible IRA funds to a Roth IRA, which provides future tax-free growth. Otherwise, you could lose eligibility for certain tax breaks or unexpectedly trigger tax hikes. Here are a couple of other major tax issues to watch, experts say.
Persons: eyeing Roth, Roth, JoAnn May, Helene Organizations: Roth IRA, Asset Management, Finance, Social Locations: Riverside , Illinois
Aerial view of the capital city of Seoul in South Korea, seen at sunset. South Korea's factory activity contracted at the sharpest pace in 15 months in September as overseas demand slowed for the first time in the year, a private survey showed on Wednesday, suggesting a slow road to a full-blown economic recovery. Output and new orders shrank in September, after gaining for five straight months, with the steepest slump in 11 months and 15 months, respectively. Specifically, export sales to China, Japan, India and the United States weakened, according to the survey. The survey showed backlogs of work, an indicator of near-term activity, fell by the most in five months, while optimism for the year ahead weakened sharply to the lowest level since December 2022.
Persons: Usamah Bhatti Organizations: P Global, P Global Market Intelligence, Employment, Samsung Electronics, SK Locations: Seoul, South Korea, China, Japan, India, United States
Over time, riskier assets have outperformed cash and cash alternatives, said Brian Rehling, its head of global fixed income strategy. Different types of fixed income Investors can benefit from different types of fixed income in their portfolios, Citi said. But since then, both stocks and high-yield fixed income have increased in price. "Investors should consider taking advantage of any pullbacks in these asset classes to reposition overallocations to short-term fixed income," it said. Meanwhile, it likes U.S. intermediate term taxable fixed income, as it prefers bonds with maturities of between three and seven years.
Persons: Steven Wieting, Brian Rehling, Wells Fargo, overallocations Organizations: U.S . Federal Reserve, Fed, Citi, Wells Fargo Investment Institute, Securities . Investment Locations: Wells Fargo, Wells
Gold and crude oil rallied, while the 10-year Treasury yield dropped. On the economic data front, job openings rose unexpectedly in August. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Traders elected to crowd into safe-haven assets like gold as Iran launched a barrage of missiles toward Israel on Tuesday. AdvertisementAs oil rallied, so did gold and the bond market, with investors piling into risk-off assets.
Persons: , Helima Croft, Quincy Krosby, Bill Adams Organizations: Treasury, Service, Traders, RBC Capital Markets, CNBC, Global, LPL, Labor, Comerica Bank Locations: Israel, Iran, Lebanon
Morgan Stanley upgrades Blackline to overweight from equal weight Morgan Stanley said the software company is undervalued. Morgan Stanley upgrades US Bancorp to overweight from equal weight Morgan Stanley said U.S. Bancorp is well-positioned going forward. Barclays reiterates Tesla as equal weight Barclays says it's not sure the EV maker's upcoming robotaxi day will be a game changer. Morgan Stanley reiterates Apple as overweight Morgan Stanley says the iPhone 16 cycle remains "unchanged" for now for Apple. Morgan Stanley downgrades JPMorgan to equal weight from overweight Morgan Stanley sees better value elsewhere than shares of JPMorgan.
Persons: Wolfe, Hess, Brent, Morgan Stanley, reprice, Cantor Fitzgerald, Cantor, Tesla, it's, Uber, Apple, Goldman Sachs, Goldman, JPMorgan, Piper Sandler, Piper, Forman, Gamble, TD Cowen Organizations: Chevron, Bancorp, U.S, MU, Autodesk, Barclays, Citi, Meta, Apple, Pro, Westlake, Resources, JPMorgan, DIS, Brown, Barclays downgrades Procter, Accenture, UBS, Brookfield, Partners Locations: AVGO, ASML, TER, OW, 4Q24
I primarily worked from home, so managed to continue working while taking care of her. So for the first three years of her life, we tag-teamed taking care of Isabella. Related storiesChatting with my husband, we decided that one of us would need to stay home to take care of Isabella. He loved taking care of herWhile some might expect that it felt like a sacrifice for my husband to give up work, he found it a relief. I take care of the financial side, and my husband takes care of the house and Isabella.
Persons: Brenda Christensen, Isabella, Brenda, , cybersecurity Organizations: Stellar Public, Service
Yi Ke Cao did her first internship at a hedge fund when she was 16. Joining a hedge fund as their youngest internUnexpectedly, an opportunity to intern at a hedge fund came to me when I was 16. That was when I chanced upon a two-week stint with a Singapore-based hedge fund, Modular Asset Management. Getting over my imposter syndromeCao spent two weeks interning at Modular Asset Management, a hedge fund based in Singapore. Interning at the fund as a 16-year-old was a pivotal moment in my career developmentLooking back, interning at the hedge fund was a pivotal moment in my life.
Persons: Yi Ke Cao, Cao, , Interning, interning Organizations: Service, Singapore's Nanyang Technological University, Asset Management, Modular Asset Management Locations: Singapore
A strong jobs report would boost low-quality stocks, Goldman Sachs and Morgan Stanley analysts say. AdvertisementInvestor eyes are locked on the upcoming jobs report, due Friday. If it comes in strong, that will be great news for less-loved, lower-quality stocks, analysts from Goldman Sachs and Morgan Stanley say. Morgan Stanley's equity-strategy team is also keyed in on the jobs report. Wilson also highlighted the jobs report as a possible catalyst for rotation towards low quality in the stock market.
Persons: Goldman Sachs, Morgan Stanley, Goldman, , David Kostin, Morgan, Mike Wilson, Wilson, nonfarm payrolls Organizations: Service, firm's
“He’s a strong person,” said Minnesota Sen. Amy Klobuchar, who’s known Walz since they were each first elected to Washington in 2006. (Though the Transportation secretary is not going as method as Harris’ Trump stand-in did and growing out a beard.) Walz and his team want commonsense indignation to come across, according to several in the know. As they monitor how Vance has been fencing with reporters in Q&As after his many events, Walz aides know their approach risks Walz getting rusty. Vice President Kamala Harris and Walz visit with members of the marching band at Liberty County High School in Hinesville, Georgia, on August 28, 2024.
Persons: Tim Walz, JD Vance, Kamala Harris, Harris, Walz, Donald Trump, Vance, , , Minnesota Sen, Amy Klobuchar, who’s, “ He’s, ” Walz, won’t, Alex Soros, “ That’s, Pete Buttigieg, Harris ’ Trump, Trump, pique, Joe Biden, wouldn’t, Mike Pence, Jeff Swensen, who’ve, that’s Harris, Ana Gallardo, Gallardo, “ I’m, Harris –, he’s, Blue Walz ”, doesn’t, Saul Loeb, Adrian Fontes, “ Tim Walz epitomizes, He’s, ” Fontes, don’t, we’ve, Jimmy McCain, Sen, John McCain’s, Joe Manchin, Manchin, Ed Kelly, Paul, Harris ’, Tim Ryan, ” Ryan Organizations: CNN, Trump, Yale, Minnesota, Ohio, Human, High School, Liberty County High School, Getty, White House, Democratic, Republican, InterContinental, Republican US, West, CBS, Senate Locations: Minnesota, Washington, Manhattan, York, Erie , Pennsylvania, exurban, Bethlehem , Pennsylvania, Hinesville , Georgia, Arizona, Pennsylvania, hustling, West Virginia, St, Georgia, New York
Ukraine narrowly won the battle of Irpin in the war's earliest days. That's the conclusion of American and British experts who examined the fighting along the Irpin River northwest of Kyiv. "The Battle of Irpin River was a close-run thing," wrote Richard Sladden, Liam Collins and Alfred Connable in an article in British Army Review, a British military magazine. An attack in the east and south of Ukraine was the most likely course of action, therefore Ukrainian forces were primarily arrayed against this." Russian forces weren't prepared to rapidly deploy pontoon bridges to replace those across the Irpin River that Ukrainian troops had blown up.
Persons: , Richard Sladden, Liam Collins, Alfred Connable, Oleksandr Syrskyi, Collins, weren't, Oleksii Chumachenko, Carl von Clausewitz, Michael Peck Organizations: Service, British Army, Paratroopers, Hostomel Airport, Ukrainian 72nd Mechanized Brigade, Kyiv, Airport, 5th Company, 72nd Brigade, Hostomel, US Army Special Forces, Getty, 72nd Mechanized Brigade, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Irpin, Kyiv, Russia, Ukrainian, , British, Russian, Belarus, Dnipro, Hostomel, city's, Holland, Germany, Forbes
A Commerzbank AG bank branch, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Krisztian Bocsi | Bloomberg | Getty ImagesCommerzbank and UniCredit are set to begin talks Friday, with the German bank on the defensive over a potential takeover after its Italian counterpart unexpectedly increased its stake earlier this month. Speaking at a financial conference, Orlopp said the German bank was open minded, but that the speed of synergies and risks needed to be considered. The potential for a takeover or merger has been met with opposition from Germany's government and several senior figures at Commerzbank. Orlopp herself earlier this month told journalists that the process had taken Commerzbank by surprise, but urged a calm approach.
Persons: Krisztian Bocsi, Bettina Orlopp, Orlopp, Commerzbank, Manfred Knof, Germany's, Jens Weidmann, Stefan Wittmann Organizations: AG, Bloomberg, Getty, Reuters, CNBC Locations: Frankfurt, Germany, Commerzbank
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