[ad_1] Mortgage rates were up slightly this week but stayed below 7% for a 17th consecutive week.The Federal Home Loan Mortgage Corporation, better known as Freddie Mac, reported Thursday the weekly average 30-year fixed rate mortgage was at 6.81%, a 0.05 percentage point increase from the previous week.“Stable mortgage rates coupled with moderately rising inventory are attracting homebuyers into the market, with purchase application activity up 18% from last year,” according to a Freddie Mac site post that noted how long the average rate has been below the 7% threshold.But Redfin, the nation’s largest brokerage website, painted a different picture…
Author: user
[ad_1] Microsoft has made a significant move for its climate goals. It signed a deal with Rubicon Carbon to buy 18 million tonnes of carbon removal credits. This will happen over the next 15 to 20 years. These carbon credits will come from Afforestation, Reforestation, and Revegetation (ARR) projects around the world. The agreement is one of the largest of its kind by a single company and shows how big corporations can help scale climate solutions. Microsoft has entered into many similar carbon removal deals starting early this year. Rubicon Carbon, a leading carbon credit management firm backed by TPG…
[ad_1] Credit: Pixabay/CC0 Public Domain It takes a lot of fuel to get an airplane up in the sky and keep it there—which means a lot of emissions. In fact, the airline industry produces more greenhouse gases than many major countries. Most airlines know this isn’t a good look, so they are pushing for cleaner fuels—and offering passengers the chance to help them offset a flight’s carbon emissions. Book a trip with a big carrier and you might be asked if you want to invest in forest preservation, saving enough trees to soak up your jet-setting’s environmental emissions. But is…
[ad_1] (Bloomberg) — Wall Street traders drove stocks higher as bond yields sank after the latest economic data spurred bets the Federal Reserve will cut interest rates at least twice this year to prevent a recession. Most Read from Bloomberg Equities erased losses, with S&P 500 up for a fourth straight day. Despite the bounce, caution still lurked in the background after a furious rally spurred worries about an overheated market, with the pendulum swinging in favor of defensive dividend-payers that had underperformed in the past month. Conversely, most big techs fell. Shorter maturities led gains in Treasuries. Subscribe to…
[ad_1] Mortgage rates can change daily and even hourly. Tharon Green/CNETThis week, mortgage rates are being influenced by headlines about ongoing trade negotiations and the bond market’s reaction to today’s inflation report. The April Consumer Price Index report shows price growth at 2.3%, the slowest annual pace in years, and down slightly from the previous month. Though the report was mild, economists don’t expect price growth to continue in this direction. Forecasts show prices will soon accelerate once we see an impact in import taxes.This comes after the White House announced its 90-day “reset” on steep tariffs with China on Monday,…
[ad_1] Paris-based climate tech startup Riverse has raised $5.6 million (€5 million) in seed funding to scale its platform that supports engineered climate solutions through high-integrity carbon credits, according to a company statement on Thursday.The round was co-led by Alven and Racine²—an investment fund managed by Serena and makesense), with additional backing from SpeedInvest and Kfund.Riverse aims to address growing demand for credible and transparent carbon credits that align with companies’ specific industries, locations, and value chains.The startup previously developed the Riverse Standard, a scientifically rigorous framework for measuring and verifying emissions reductions, using industrial data and ISO 14064-2-aligned models.Unlike…
[ad_1] Please Register or Sign in to view this content. Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets. Quantum Carbon service subscribers have access to: Daily price assessments Market news and price commentary Fundamental trade data Quantum Carbon Daily – market report sent to your email Get in touch with us for subscription information on all Quantum platforms, or help with the service. [ad_2] Source link
[ad_1] WILMINGTON, Del., May 12, 2025 /PRNewswire/ — NRx Pharmaceuticals, Inc. (Nasdaq: NRXP) (“NRx Pharmaceuticals”, the “Company”), a clinical-stage biopharmaceutical company, today announced that it will release its first quarter 2025 financial results after the market closes on Thursday, May 15, 2025 via press release, which will be available on the Company’s website at https://ir.nrxpharma.com/. The Company will host a conference call to discuss the financial results as well as provide a corporate update at 4:30pm ET the same day. (PRNewsfoto/NRx Pharmaceuticals) A live webcast of the conference call will be available on the Company’s website at https://ir.nrxpharma.com/events. Participants that are unable to join the…
[ad_1] The UK government has rolled out new plans to strengthen voluntary carbon and nature markets. These markets help businesses reduce emissions. They do this by funding eco-friendly projects. Examples include tree planting, electric vehicles, and forest protection. The government wants to boost these markets. This will bring in private funding, boost climate efforts, and create new revenue for British businesses. Landowners and farmers will benefit the most. According to the Department for Energy Security and Net Zero, the UK’s total greenhouse gas emissions in 2024 were around 371 million tonnes of CO2 equivalent. That’s 4% lower than in 2023,…
[ad_1] Bond investors are mutinous again. US government bonds sold off sharply in response to Trump’s tax and spending bill, raising fears that the US is in for its own “Liz Truss moment.” The UK prime minister was bounced from office in 2022 after proposing a budget that cut taxes far more than it cut spending — sowing fears that the government would have to borrow heavily to close the gap. Investors dumped their bonds and (aided by poor risk management in an arcane corner of the pension system) set off a gilt crisis.Republicans’ “Big, Beautiful Bill” likewise cuts taxes…