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 Investors flocked to safer assets, including gold and out of U.S. stocks, after Israel launched attacks against Iran’s nuclear sites. All three of the major U.S. averages fell Friday, erasing weekly gains, with the Dow Jones Industrial Average off over 700 points or 1%, while the Nasdaq Composite and S&P 500 lost 1%. Selling accelerated late afternoon on reports Iran launched ballistic missiles at Israel, according to Fox News. The strikes, which began late […]

Frozen meal giant Conagra Brands, Inc. is trying to capture budget-conscious shoppers opting for convenient and healthier options by launching dozens of new frozen foods this month. The frozen food meals, including single-serve and multi-serve meals, vegetable side dishes, and gluten-free and plant-based meals, are slated to arrive in stores and e-commerce outlets in June as the company attempts to reverse back-to-back declines in reported and organic net sales. During its […]

Mortgage rates declined for the first time in weeks, though they are still hovering near 7%, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.84% from last week's reading of 6.85%.The average rate on a 30-year loan was 6.95% a year ago.THESE STATES WERE THE HOUSING MARKET MVPS, ACCORDING TO REALTOR.COM"Mortgage […]

Iran being set back on its heels by Israel means "nothing is off the table" for China and its military advances, according to one foreign policy expert."The Chinese… they're losing their proxy, Iran. Iran has been accomplishing China's foreign policy goals for quite some time. And China's Middle East policy is now in disarray," Gatestone Institute senior fellow Gordon Chang said on "Varney & Co." Friday."This is a point where […]

Anker Innovations is recalling more than 1.1 million power banks after some users reported fires and explosions. The company said a problem could potentially make the lithium-ion battery within some of its Anker PowerCore 10000 power banks overheat "leading to melting of plastic components, smoke, and fire hazards." The recall, announced Thursday, specifically applies to Anker PowerCore 10000 power banks bearing the model number "A1263" and certain serial numbers that were sold […]