Mortgage bailout swells to 4.1 million borrowers, but demand is slowing
Hits: 12In the past week, 225,000 more borrowers took advantage of government and bank mortgage forbearance programs, according to data firm Black Knight. Source
Hits: 12In the past week, 225,000 more borrowers took advantage of government and bank mortgage forbearance programs, according to data firm Black Knight. Source
Hits: 8Traders on Thursday priced in a negative federal funds rate by December 2020, lasting at least to January 2022 Source
Hits: 9As the travel and tourism industry struggles with the fallout from the coronavirus, Chad Beynon of Macquarie explains why Hilton’s franchise business model makes it resilient in this challenging environment. Source
Hits: 15These are the stocks posting the largest moves before the bell on Friday. Source
Hits: 13New York City is the nation’s largest real estate market, and the pandemic has caused a number of deals to go bust. CNBC’s Robert Frank reports. Source
Hits: 19Bain predicted a full-year contraction between 20% to 35% for the personal luxury market that includes clothes, jewelry, watches, beauty products, and accessories. Source
Hits: 15A rally in bitcoin led the cryptocurrency market higher ahead of a major technical event for the digital coin and as industry participants report an increased interest from institutional investors. Source
Hits: 13“This is a tough, tough virus,” said disease specialist Dr. Dale Fisher. “All it takes is one infected person and it spreads like wildfire.” Source
Hits: 15This year, some 3.4 million students are registered to take AP Exams online between May 11 and May 22. Source
Hits: 10U.S. stock futures rose slightly Thursday night after more gains in tech led to the Nasdaq Composite erasing all of its losses for 2020. Source
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