Tesla is not watching you any more than TikTok is — or so Elon Musk tried to assure China and other countries over the weekend. The Wall Street Journal reported Friday that China’s government is barring military staff and the employees of key state-owned companies from driving Tesla TSLA, +2.31% …
Read More »: Warnock wins Georgia Senate race, AP projects, as second runoff goes down to wire
Raphael Warnock won one of two Senate runoffs in Georgia early Wednesday, according to the Associated Press, bringing Democrats a seat closer to a Senate majority. The AP called the race for Warnock over GOP Sen. Kelly Loeffler at about 2 a.m. Eastern. Results were continuing to come in from …
Read More »Europe Markets: European markets down on new COVID restrictions worries
European stocks declined on Thursday, dragged down by a 1.5% fall of the FTSE 100 UKX, -1.45% index a few hours before the U.K. leaves the European Union’s single market and customs unions, and just as the country is moving to new severe restrictions due to coronavirus concerns. The pan-European …
Read More »Counting down our 5 most popular mortgage blog posts of 2020
We’ve had over 100 new blog posts this year, and in those, we covered a lot. 2020 was a big deal with pandemic-related changes to the homebuying process, unheard of low mortgage interest rates, increased buying and selling activity as renters left big cities and settled elsewhere, and, of course, …
Read More »: Chris Sacca mocks ‘Robinhood bros’ who spurn his investment advice: ‘Stonks never go down!’
Veteran venture investor Chris Sacca has a word of warning for beginner investors who made off like a bandit this year: It’s not you. In a tweet Tuesday, Sacca dropped this “hard truth” on newbie investors: “You’re not actually that good at it. You just caught a wild bull market,” …
Read More »: Trump says Attorney General William Barr will step down Dec. 23
U.S. Attorney General William Barr will step down from his post before Christmas, President Donald Trump announced in a tweet late Monday. Barr’s last day will be Dec. 23. Deputy Attorney General Jeff Rosen will step in as acting attorney general, and Richard Donoghue will move up to deputy attorney …
Read More »Stymied stimulus talks push market down
Friday morning’s Dow futures sank more than 200 points as investors continue to await a decision in Washington D.C. The House of Representatives adjourned on Thursday after passing a spending plan to keep the federal government open for another week as Republicans and Democrats try to figure out a second …
Read More »Dispatches from a Pandemic: To slow down a killer virus, Spain breaks with decades-old Christmas traditions
The Four Seasons Hotel (pictured left) near Madrid’s Puerta del Sol on Nov. 17, 2020. Kollmeyer/MarketWatch For 41 years, families in the Spanish capital of Madrid have kicked off the Christmas holidays by gathering behind the big El Corte Inglés department store to watch giant, singing puppets. The store’s “Cortylandia” …
Read More »How Much Should You Put Down on a House
Gone are the days when you needed a 20% down payment to get a mortgage loan. There are mortgage programs today that offer down payments as low as 3%. But, how much should you put down on a house? This article explores the down payment requirements for each type of …
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