US mortgage rates climb this week; 30-year loan at 3.65%

US mortgage rates climb this week; 30-year loan at 3.65%

WASHINGTON (AP) — U.S. long-term mortgage rates climbed this week in a whip-sawing market amid deepening anxiety over devastation to the economy from the coronavirus pandemic. Home loan rates had hit all-time lows two weeks ago. Mortgage buyer Freddie Mac reported...
Cautious optimism on Wall Street, markets rise with aid hope

Cautious optimism on Wall Street, markets rise with aid hope

NEW YORK (AP) — Stocks capped a wobbly day on Wall Street with solid gains Thursday, reflecting cautious optimism among investors that emergency action by the U.S. government and central banks will cushion the global economy from a looming recession caused by the...
U.S. Fed establishes currency swaps with 9 central banks

U.S. Fed establishes currency swaps with 9 central banks

Washington (AP) — The Federal Reserve has set up a program to exchange dollars for foreign currency with nine central banks to support dollar lending in global markets that are under pressure from the impact of the viral outbreak. The move, announced Thursday, enables...
Apple brings PC-like trackpad to iPad tablets

Apple brings PC-like trackpad to iPad tablets

NEW YORK (AP) — Apple’s new iPad brings PC-like trackpad capabilities for the first time, as the company seeks to make its tablet even more like a laptop computer.Apple says the trackpad will offer more precision than fingers in selecting text and switching between...
On the Money: Travel insurance can help, but has its limits

On the Money: Travel insurance can help, but has its limits

Travel insurance can be a good investment if you have medical issues or you’re traveling to a volatile region, experts say. But it has its limits, as many travelers whose plans are affected by coronavirus have found out.Travel insurance is designed to cover...
US struggles to fill requests for protective gear

US struggles to fill requests for protective gear

SALEM, Ore. (AP) — The U.S. government is rushing protective equipment to states, packing dozens of flights and hundreds of trucks with supplies for medical workers who will be on the front lines of the coronavirus fight.But the pandemic has exposed some of the...