Fraport Q1 Net Loss Widens, Posts Positive EBITDA; Maintains FY21 Outlook – Quick Facts

German airport operator Fraport (FRA.DE,0O1R.L,FPRUF.PK) reported Tuesday that its first-quarter Group result net loss was 77.5 million euros, wider than prior year’s loss of 35.7 million euros. Group EBIT was negative 70.2 million euros, compared to profit of 12.3 million euros a year ago. Fraport achieved a positive Group EBITDA or operating result of 40.2 million euros, down 68.9 percent […]

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Today's 15-year mortgage refinance rates hit an 87-day low | May 10, 2021

Check out the mortgage refinancing rates for May 10, 2021, which are down from last Friday. (iStock) Based on data compiled by Credible, current mortgage refinance rates are down compared to last Friday’s, with 15-year rates slipping to an 87-day low.  30-year fixed-rate refinance: 2.875%, Unchanging 20-year fixed-rate refinance: 2.750%, Unchanging 15-year fixed-rate refinance: 2.125%, Down from 2.250%, -0.125 10-year […]

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With home values high, this is how owners can benefit

Historically high property values and favorable mortgage rates are making it easier for homeowners to improve their finances. Here are three ways to reduce debt and build net worth. (iStock) The coronavirus pandemic has led many American households to reduce their expenses and prioritize saving money. A U.S. Bureau of Economic Analysis report says the personal savings rate is higher […]

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US added just 266,000 jobs in April, far below 1 million expected

More On: economy Workers file 498,000 new jobless claims as US hits pandemic low Biden’s tax hikes will thwart the economic prosperity he’s promising Janet Yellen tells truth on economy — then quickly reverses herself Yellin clarifies inflation comments after talk of rate hike roils Wall Street In a massive disappointment to economists, the US added just 266,000 jobs in […]

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SpaceX’s Mars rocket launches and successfully lands for first time

More On: spacex Why Jeff Bezos just moved $2.5B in Amazon stock Under cover of darkness: SpaceX returns 4 astronauts to Earth in rare splashdown SpaceX capsule departs ISS with 4 astronauts, heads home SpaceX hits milestone in sustainable space travel Elon Musk’s SpaceX is one step closer to Mars.  The space travel company launched and successfully landed for the […]

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Jeff Bezos sells $2.5B in Amazon stock as exit approaches

More On: jeff bezos 60 years after first American in space, tourists are lining up Blue Origin to begin space tourism ticket sales Amazon crushes earnings as Jeff Bezos prepares to leave US regulator says Amazon’s union victory in Alabama could be overturned Amazon CEO Jeff Bezos sold almost $2.5 billion worth of shares in the company this week as […]

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This Is How Many Babies Were Born in Each State Last Year

National Center for Health Statistics has released data on how many children were born last year. Media analysis showed the figures were the smallest since 1979. There was speculation, without a conclusion, that the COVID-19 pandemic may have contributed to the drop. In the analysis, titled “Births: Provisional Data for 2020,” the primary conclusion is that total births fell 4% […]

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