Author: super@dmin
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The Wall Street Journal: Cameco and Brookfield Renewable Partners to buy Westinghouse Electric Co. in $7.88 billion deal
Cameco Corp. and Brookfield Renewable Partners, along with institutional partners, are planning to buy Westinghouse Electric Co.
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The Moneyist: ‘I’m simply stunned’: The executor of my mother’s will said I received enough money — and gave $16,000 of my inheritance to a cancer charity
‘I’m sure that a lot of people are jilted out of inheritance by shady executors.’
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: When will house prices go down? These economists see a ‘prolonged slowdown’ — and predict dramatic declines in home values
Most economists are forecasting home-price appreciation to slow, with others predicting deeper price drops.
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: When will mortgage rates go down? Brace yourself, economists warn house hunters that rates of 7% may be the ‘new normal.’
Rates are at 7.12%, according to Mortgage News Daily.
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: Chip stocks could suffer worst year ever as effects of shortage-turned-glut spread
Chip stocks sell off again Tuesday with havens within the battered semiconductor industry disappearing as the effects of a supply glut spread following a years-long shortage.
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: ‘No housing market is immune to home-price declines’: Home values are already falling in these pandemic boomtowns.
Sellers are now assessing ‘a more reasonable, and realistic, number of offers,’ said Andrea Crouch, board president of Phoenix Realtors.
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Crypto Update: Bored Ape creators Yuga Labs faces probe by SEC over unregistered offerings: report
Yuga Labs, founder of the Bored Ape Yacht Club collection, is being probed by the SEC over whether digital asset sales violate federal law, Bloomberg reports.
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: Fannie Mae launches pilot program to include on-time rent payments in credit reports. That could be a game changer for renters. Here’s why.
Until now, tenants have been largely locked out of the credit benefits that homeowners get for on-time mortgage payments.
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: Treasury Secretary Janet Yellen says U.S. economy ‘has failed to live up to the nation’s promise of equal opportunity for all’
Yellen, who also shut down speculation that she could soon leave the Treasury Department, spoke at the annual Freedman’s Bank Forum Tuesday.
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: Labor Department makes key change to jobs questionnaire to reflect key shift in white-collar work
‘The old question was becoming less relevant,’ said Daniel Zhao, senior economist at Glassdoor.