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Key Rates

2024-02-20
30y-fix: 6.58%; 10y-treasury:4.25%

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2024-02-20
"The distance between insanity and genius is measured only by success." - Bruce Feirstein

U.S. Government Will Soon Spend More on Interest Payments Than Defense

2024-02-20
Higher Treasury yields are adding an extra trillion-plus dollars in deficit spending.

Realtors Are in Crisis—and Home Buyers Could Be the Winners

2024-02-20
A wave of lawsuits over fees paid to agents has put the giant trade association on the defense; ‘It got arrogant,’ said one real-estate executive.

Paramount Discussed Streaming Deal with Comcast

2024-02-20
The two companies have recently discussed a streaming partnership or joint-venture for Paramount+ and Peacock.

Million-Dollar Home Sales Were Rare Around Pensacola. Now They’re Everywhere.

2024-02-20
The development of the Florida city’s downtown has been a boon to its luxury market, which is showing little sign of letting up.

62% of Americans Lack College Degree. Can They Solve the Labor Shortage?

2024-02-20
IBM, Delta and others have dropped college degree requirements but old hiring habits are hard to break.

New OpenAI Technology Can Create Realistic Video From a Line of Text

2024-02-20
The AI program called Sora renders richly detailed videos based on written prompts.

SpaceX Forges Closer Ties With U.S. Spy and Military Agencies

2024-02-20
The Elon Musk-led company has grown from a for-hire rocket launcher into a major national-security contractor.

The Economy Is Booming, Data Show. Wall Street Disagrees.

2024-02-20
A handful of high-profile reports on inflation, gross domestic product and the labor market have shown a hot economy, but many economists have minimized these surprises.

Megaprojects in the Desert Sap Saudi Arabia’s Cash

2024-02-20
To fill gaps, the kingdom has turned to borrowing, and it plans another sale of stock in Saudi Aramco.

An Executive Bought a Rival’s Stock. The SEC Says That’s Insider Trading.

2024-02-20
Defense lawyers say the case is the first to involve “shadow insider trading.”

Walmart Seals $2.3 Billion Deal for TV Maker Vizio

2024-02-20
The purchase grants the retailer access to data and more space to sell ads as it eyes growth beyond selling goods.

For Marijuana Users, Even Legalization Doesn’t Guarantee Safety

2024-02-20
Mold, pesticides and heavy metals can contaminate pot products, threatening to sicken users.

Capital One Is Buying Discover Financial for $35 Billion

2024-02-20
The deal would combine two of the largest credit-card companies in the U.S. at a booming time for the sector.

Barclays Leans Away From Wall Street in Revamp Plan

2024-02-20
The U.K. lender will cap the share of assets devoted to its sprawling investment-banking arm in favor of its home business.

American Airlines Bumps Up Baggage Fees

2024-02-20
American Airlines will now charge $40 to check a bag at the airport for domestic flights or $35 for those who pay in advance online. A second bag will now cost $45.

Don’t Build That E-Commerce Warehouse in My Backyard, More Communities Say

2024-02-20
Consumers love next-day delivery but oppose the spread of logistics properties that make it possible.

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