Why are many Irish borrowers paying so much more for their mortgages?

Why are many Irish borrowers paying so much more for their mortgages?

The banking crisis is long over, but Irish borrowers are still paying over the odds for their loans. The latest Central Bank figures show that Irish mortgage borrowers are still paying way more than their counterparts elsewhere in the EU,with average rates of 3.21 per cent in May on new mortgages, compared to a 1.8 […]

Dow remains lower by 100 points after Trump knocks Fed for raising rates

Dow remains lower by 100 points after Trump knocks Fed for raising rates

Stocks fell on Thursday amid criticism of the Federal Reserve by President Donald Trump. A decline in bank shares also pushed the broader market down. The Dow Jones Industrial Average fell 106 points, with Travelers Cos. and American Express lagging. The S&P 500 slipped 0.3 percent, with financials dropping more than 1 percent. The Nasdaq […]

Tesla says injury rate at Fremont factory dropped this year

Tesla says injury rate at Fremont factory dropped this year

Under fire over reported safety issues and worker injuries at its Fremont factory as it goes through “hell” ramping up production for its Model 3 sedan, Tesla said Wednesday that it has cut its workplace injury rate by 10 percent this year. The company provided a rare glimpse into the highly automated manufacturing process for […]

Warren Buffett may soon join the stock buyback party

Warren Buffett may soon join the stock buyback party

Big US companies have been binging on their own stock. But Warren Buffett’s Berkshire Hathaway hasn’t been taking part in the bonanza. That soon may change. Berkshire Hathaway (BRKB) announced late Tuesday that the company loosened an old company rule and can now buy back stock whenever Buffett and Berkshire Vice Chairman Charlie Munger “believe […]

Japan shares jump as yen bows to strong dollar

Japan shares jump as yen bows to strong dollar

SYDNEY (Reuters) – Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough. FILE PHOTO: A visitor is seen as market prices are reflected in a glass window […]

California ghost town sells for $1.4 million

California ghost town sells for $1.4 million

A little over a month after a 19th century ghost town in California called Cerro Gordo went on sale, Brent Underwood bought it for $1.4 million, real estate agent Jake Rasmuson said. A little over a month after a 19th century ghost town in California called Cerro Gordo went on sale, Brent Underwood bought it […]

Will The Real Elon Musk Please Stand Up?

Will The Real Elon Musk Please Stand Up?

Engineer and tech entrepreneur Elon Musk of The Boring Company, SpaceX and Tesla. (Photo by Joshua Lott/Getty Images) (Photo by Joshua Lott/Getty Images) Elon Musk is quickly garnering a reputation for being more petulant and irritating than inspirational and worthy of praise. Stung by criticism that his mini-submarine designed to rescue the team of boys trapped […]

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