Tag Archives: Rate

‘Outrageous’: Mass. Gov. Healey reacts to Eversource’s proposed winter rate hikes  Boston 25 News Mass. Governor says Eversource proposal to hike rates is ‘outrageous,’ calls for DPU review  The Boston Globe Gas bills in Massachusetts set to rise again this winter  WCVB Eversource, National Grid gas customers in Mass. face increased rates this winter  NBC Boston Eversource customers worried about rising gas bills this …

Eversource home-heating gas customers in Massachusetts can expect to pay about 13 percent more this winter compared to the same period last year, based on the utility’s filing with the state Department of Public Utilities Thursday. If approved by the DPU, Eversource will begin charging the higher rate Nov. 1, when its peak season rates go into effect. Eversource says …

Federal Reserve Bank of Minneapolis President Neel Kashkari has voiced his support for a rate cut at each of the remaining Federal Open Market Committee (FOMC) meetings this year in October and December in order to address the risk of a weakening labor market. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, …

Tech shares surged after Nvidia and Intel announced their deal (Hector RETAMAL) Stock markets advanced Thursday, as tech shares jumped following AI-chips giant Nvidia’s announcement of a $5 billion investment in struggling US rival Intel, and as investors digested the Federal Reserve’s first interest rate cut of 2025. The tech-heavy Nasdaq led gains on Wall Street, with Intel shares soaring …

Treasury yields rise after Fed rate cut, with Powell in no ‘sprint’ to loosen policy  MarketWatch 10-year Treasury yield rises after jobless claims signal labor market in OK shape  CNBC Trouble In Paradise: Long-Term Rates Are Rising  Seeking Alpha Treasury Yields Nudge Higher as Traders Challenge Fed Rate Forecasts  Barron’s Rates Spark: The long-end bias is still up  ING Think Source link

Rising fees: American Express has unveiled a refreshed Platinum Card with new perks, including a $400 dining credit, but raised the annual fee to $895. The update highlights rising costs among premium credit cards, forcing cardholders to weigh Amex against rivals like Chase Sapphire Reserve—or juggle nearly $2,000 in yearly fees. Read more from the Associated Press.  Looking ahead: The …

Markets are probably getting the rate cut they so badly want this week, and a lot of stocks have already rallied on the anticipation. But a few areas of the market might still have room to run after the Fed decision, a chief strategist told Business Insider on Tuesday. Liz Thomas, head of investment strategy at SoFi Technologies, sees three …

The average rate on a 30-year U.S. mortgage fell again this week, echoing a decline in long-term U.S. Treasury bond yields ahead of the Federal Reserve’s first rate cut this year. The rate eased to 6.26% from 6.35% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.09%. Borrowing costs on 15-year fixed-rate mortgages, popular …

LOS ANGELES (AP) — Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it. As expected, the central bank delivered a quarter-point cut Wednesday and projected it would lower its benchmark rate twice more this year, reflecting growing concern over the U.S. job market. WATCH: Federal Reserve cuts interest …

The average rate on a 30-year U.S. mortgage fell again this week, echoing a decline in long-term U.S. Treasury bond yields ahead of the Federal Reserve’s first rate cut this year. The rate eased to 6.26% from 6.35% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.09%. Borrowing costs on 15-year fixed-rate mortgages, popular …