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Mortgage rates fall for the second week in a row

Mortgage rates dropped again this week, after plunging nearly half a percentage point last week. The 30-year fixed-rate mortgage averaged 6.58% in the week ending November 23, down from 6.61% the week before, according to Freddie Mac. A year ago, the 30-year fixed rate was 3.10%. Mortgage rates have risen throughout most of 2022, spurred […]

UK inflation jumps to 41-year high of 11.1%

London CNN Business  —  Soaring energy costs drove UK inflation to a fresh high in October, the latest piece of bad news for an economy sliding into recession. The annual rate of inflation rose to 11.1% in October, up from 10.1% in the 12 months to September, the Office for National Statistics said on Wednesday. […]

World Cup 2022: David Beckham’s ‘status as a gay icon will be shredded’ if he continues as Qatar ambassador says British comedian

CNN  —  David Beckham’s “status as a gay icon will be shredded” if the former England captain and Manchester United star continues in his role as a Qatar World Cup ambassador said British comedian Joe Lycett on Sunday. In a video posted on Twitter, Lycett, a British comedian who describes himself as queer on his […]

Sister of executed Iranian wrestler arrested and identified by state news as ‘agent’

CNN  —  Iranian officials said they have identified the “Iran International agent” arrested Thursday as Elham Afkari, the sister of famous Iranian wrestler Navid Afkari, who was executed two years ago, according to state news agency IRNA. London-based news channel Iran International has become one of the go-to sources for many Iranians looking for news […]

Kamila Valieva: World Anti-Doping Agency refers Russian figure skater’s case to Court of Arbitration for Sport

CNN  —  The World Anti-Doping Agency (WADA) has referred the case of Russian figure skater Kamila Valieva to the Court of Arbitration for Sport (CAS) after deeming the Russian Anti-Doping Agency (RUSADA) has made no progress on the skater’s Winter Olympics doping case. In a statement on Tuesday, WADA President Witold Bańka said: “Despite putting […]

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