INDIANAPOLIS (Want) – Here’s a appear at Friday’s small business headlines with Jane King.
Mortgage prices fall for the initially time in six weeks
The typical US mortgage fell once more this week just after 5 straight weeks of gains.
The typical on the benchmark 30-year price fell back to six.six%, according to mortgage purchaser Freddie Mac.
The typical price a year ago was four.1%.
five million+ US households are behind on their rent
As of February, U.S. renters nonetheless owe almost $11 billion in debt. The typical quantity owed is a lot more than $two,000.
Assistance for rent handle policies has grow to be a lot more well-known across the nation.
Economists are largely against the thought of rent controls they argue that rent handle would discourage developers from constructing a lot more homes, which would only worsen the country’s housing provide.
Amazon will quit promoting magazines, newspapers on Kindle
Amazon no longer sells magazine and newspaper subscriptions by means of Kindle kiosks and will quit shipping existing subscriptions to Kindle kiosks in September.
Immediately after June 5th, you will not be in a position to handle print subscriptions by means of Amazon.
Amazon’s modifications are component of other expense-cutting measures at the corporation, which also integrated mass layoffs affecting about 18,000 staff.
Dollar Tree stops promoting eggs due to cost hike
The cost of eggs has risen so a great deal that a single significant chain refuses to sell them.
Dollar Tree says its retailers will quit promoting eggs as bird flu raises rates.
The discount chain says it will resume promoting the eggs in the fall, but till then the eggs will not be offered in the grocery sections of a lot more than eight,000 retailers in the U.S. and Canada.
Google raises the cost of YouTube Television
Google raises the cost of YouTube Television to $73 per month.
Google says the raise is needed as it invests a lot more in content material.