Mortgage interest rates today for Aug. 27, 2021: Rates push higher

Mortgage interest rates today for Aug. 27, 2021: Rates push higher

Jim Lane/Getty Images A few important mortgage rates moved higher today. The average interest rates for both 15-year fixed and 30-year fixed mortgages both climbed higher. For variable rates, the 5/1 adjustable-rate mortgage also notched up. Although mortgage rates are always changing, they’re lower than they’ve been in years. Because of this, right now is

Central banks need to go slow on digital currencies

Central banks need to go slow on digital currencies

Cryptocurrencies updates Sign up to myFT Daily Digest to be the first to know about Cryptocurrencies news. The writer is a senior fellow at Harvard Kennedy School The emergence of central bank digital currencies is inevitable. Research on CBDC design and implementation is under way around the world. China is seven years into the process

Detroit making strong pandemic recovery, UM economic forecasters say

Detroit making strong pandemic recovery, UM economic forecasters say

Fewer Detroiters are jobless following last year’s pandemic-induced downturn, but low wages remain an obstacle for workers, according to a University of Michigan forecast released Monday.  Unemployment in the city is returning to pre-pandemic levels and it’s expected to decrease even further in the coming years as a bundle of blue-collar jobs come online. But wages remain a challenge.

Biomedical Engineering Professor Receives NSF Award to Support Research in Cellular Biomanufacturing

Biomedical Engineering Professor Receives NSF Award to Support Research in Cellular Biomanufacturing

University Relations Rebekah Samsonraj Rebekah Margaret Samsonraj, assistant professor in the Department of Biomedical Engineering, has received a $466,266 grant from the National Science Foundation for research in future biomanufacturing of stem cell-derived therapeutics. The goal of the project is to understand mechanisms of biophysical modulation of mesenchymal stem cells (MSCs) to enhance

Students from struggling economic backgrounds sent home with food for the weekend have improved test scores, study finds

Students from struggling economic backgrounds sent home with food for the weekend have improved test scores, study finds

The Research Brief is a short take about interesting academic work. The big idea When food banks work with schools to send children home with a backpack full of food over the weekend, they do better on reading and math tests, I found in a recent study. These effects are strongest for younger and low-performing

Gallery+Story: UTEP unveils Additive Manufacturing Facility in Central El Paso

Gallery+Story: UTEP unveils Additive Manufacturing Facility in Central El Paso

Wednesday, officials with the University of Texas at El Paso (UTEP) opened their new 3D manufacturing engineering facility in central El Paso. University officials hope the new facility will spur new economic development in the Paso del Norte region. UTEP hosted a ribbon cutting ceremony on Wednesday to commemorate the official opening of the 3D

How Much Money Should You Have In Your Business Accounts?

How Much Money Should You Have In Your Business Accounts?

Many business professionals believe it’s wise to have a substantial amount of money on hand for urgent transactions. However, others think keeping cash on hand is an ineffective wealth distribution strategy. Regardless of your preference, you may still want to know how much money you need to have in your business accounts. Determining how much

Bank Of Montreal (BMO) Q3 2021 Earnings Call Transcript

Bank Of Montreal (BMO) Q3 2021 Earnings Call Transcript

Image source: The Motley Fool. Bank Of Montreal (NYSE:BMO)Q3 2021 Earnings CallAug 24, 2021, 8:15 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, and welcome to the BMO Financial Group’s Q3 2021 Earnings Release and Conference Call for August 24th, 2021. Your host for today is Ms. Christine Viau, Head