INDIANAPOLIS (WISH) — Right here’s a have a look at Friday’s enterprise headlines with Jane King.
Mortgage charges fall for first time in 6 weeks
The typical U.S. mortgage inched again down this week after 5 straight weeks of positive factors.
The typical on the benchmark 30-year price slid again to six.6%, based on mortgage purchaser Freddie Mac.
The typical price a 12 months in the past was 4.1%.
5 million+ American households behind on hire
As of February, renters within the U.S. continued to owe practically $11 billion in debt. The typical quantity owed is greater than $2,000.
Help for hire management insurance policies has gained traction nationwide.
Economists are broadly towards the thought of hire management; they argue that hire management would deter builders from constructing extra homes, which might solely worsen the nation’s housing provide.
Amazon to cease promoting magazines, newspapers on Kindle
Amazon is not promoting journal and newspaper subscriptions by way of kindle newsstand and can cease delivering present kindle newsstand subscriptions in September.
After June 5, you gained’t be capable to handle print subscriptions by way of Amazon.
Amazon’s adjustments are a part of different cost-cutting measures on the firm, which have additionally included large layoffs affecting about 18,000 staff.
Greenback Tree stops promoting eggs over value hikes
The worth of eggs has turn out to be so costly that one giant chain is refusing to promote them.
Greenback Tree says its shops will cease promoting eggs as a result of avian flu is driving the costs up.
The low cost chain says it is going to resume promoting eggs within the fall, however till then, eggs won’t be obtainable within the grocery sections of greater than 8,000 shops within the U.S. And Canada.
Google hikes value of YouTube TV
Google is elevating the value of YouTube TV to $73 a month.
Google says the rise is important because it’s investing extra into content material.
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