Author: TraderPlanet TraderPlanet

Long-term U.S. mortgage rates fell this week to a 12-month low, according to mortgage buyer Freddie Mac, an enticement for prospective homebuyers in the upcoming season. This week Last week Year ago 30-year fixed 4.37 4.41 4.38...

ORLANDO, Fla. (AP) — The company that is building a passenger rail service from South Florida to Orlando is stopping its plan to go public. Virgin Trains USA said this week it wouldn’t go through with an initial public...

JERUSALEM (AP) — An Israeli software firm known for its phone-surveillance technology said Thursday that it has been re-acquired by its founders. The NSO group announced that U.S.-based private equity firm Francisco Partners...

KNOXVILLE, Tenn. (AP) — The nation’s largest public utility has picked the leader of one of Canada’s largest power companies to head the $11 billion federal corporation. On Thursday, the Tennessee Valley Authority...

BOSTON (AP) — General Electric is downsizing plans for its world headquarters in Boston. The company announced Thursday it has reached an agreement with Massachusetts to sell its waterfront property, which is partly owned by the...

NEW YORK (AP) — A prominent New York City art dealer once accused by Alec Baldwin of fraud has been sentenced to 2½ years in prison after admitting she evaded paying over $3 million in federal taxes. Mary Boone dropped her face...

NEW YORK (AP) — E-commerce giant Amazon ditched plans to build a new headquarters in New York City, citing opposition from some state and local officials. Amazon has a market cap of about $800 billion and is run by Jeff Bezos,...

RABAT, Morocco (AP) — Morocco and Spain have signed agreements about the fight against crime, energy, trade and other partnerships during a visit of King Felipe VI and Queen Letizia to Rabat. The Spanish royals are visiting...