Posts From King World News

Fed's Decision to Delay Rate Hike Keeps Mortgage Rates Low

Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans fell this week, with the rate borrowers were quoted on Zillow Mortgages at 3.73 percent Tuesday, down two basis points from last week. The 30-year fixed mortgage rate fell to 3.67 percent on Friday before rising to Tuesday’s rate. “Mortgage rates

US Dumps Twice as Much Trash as EPA Estimated

The United States is sending more than twice as much solid waste into its landfills as previously thought, a new study finds. Researchers found that people threw away 289 million tons of municipal solid waste in 2012, a figure that is more than double the 135 million tons that the Environmental Protection Agency (EPA) calculated for that same year. The new estimate also exceeds by 4 percent the World Bank’s

Harvard endowment grows 5.8 percent to record $37.6 billion

Harvard University’s endowment posted a 5.8 percent return in fiscal year 2015 to hit a record $37.6 billion, the elite school’s in-house fund management company said. The returns for the 12 months ended June 30 were driven by outsized profits in stocks, venture capital investments in technology and biotech, and real estate holdings, Harvard Management Company said in a letter to alumni published on its website on Tuesday. “We have

Clinton says she will put out a clean energy plan in next few days

DES MOINES, Iowa (Reuters) – U.S. Democratic presidential candidate Hillary Clinton said on Tuesday she would release a plan in the next few days for a clean energy agreement among the United States, Canada and Mexico. “I will also be putting out in the next few days a broad approach to how I would work to have a North American compact about clean energy,” Clinton told the Des Moines Register

Newmont's Indonesian copper export permit will not be renewed – govt officials

[Reuters] – Newmont Mining Corp’s Indonesian copper export permit, which expired on Tuesday, will not be renewed as the U.S. miner has failed to meet government stipulations for developing a domestic smelter, government officials said. Newmont, Indonesia’s second-largest copper miner, has to renew the permit every six months following an agreement with the government a year ago to develop local mineral processing facilities. “Newmont proposed an export permit extension and