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Personal Finance · Analysis
One-year Treasury yields fell below inflation in April and May, then rose back above it
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AI & Tech
Jensen Huang resigns as Nvidia CEO and CFO Colette Kress steps in as interim chief
Nvidia's board also named Harvey Jones its first-ever chair and began a search for a permanent CEO; shares fell 4.34% on Thursday, CNBC reported, and results are still due November 17.
Economy
New unemployment claims edge up in early November but stay well below last year's pace
Initial claims reached 200,000 in the week ending November 7, the Labor Department said, up 9,000 from the prior week and 12.3% below a year earlier.
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Mortgage rates fall for a fourth week to 7.11%, the lowest in seven weeks
Freddie Mac's 30-year rate is 0.29 point below its October peak, but a $400,000 loan still costs about $231 a month more than at last year's 6.24%.
AI & Tech
Nebius pushes part of its 2026 revenue into 2027 as third-party capacity slips
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Crypto · Analysis
Circle's reserve income fell as rates dropped, even with more USDC in circulation
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Real Estate · Analysis
Mortgage rates fell by less than Treasury yields as the gap between them widened
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Personal Finance
View All Personal FinanceOne-year Treasury yields fell below inflation in April and May, then rose back above it
Treasury data show the one-year yield 0.06 and 0.38 point below annual inflation at the end of April and May, and 0.82 point above it at the end of September.
Heating oil users face the winter's steepest bill increase as fuel supplies tighten
NEADA projects average US heating costs up more than 7%, but about 70% for the nearly 5 million oil-heated homes, its second upward revision for oil since September.
