PARIS (AP) — A French prosecutor has opened a preliminary investigation into allegations that construction company Vinci gravely mistreated migrant workers in Qatar as it prepares to host the 2022 World Cup. (full story)
FRANKFURT, Germany (AP) — Volkswagen's patriarch has left the building. Does this mean change is coming to the world's No. 2 automaker — in particular, to its high-cost ways of doing business? (full story)
A Khalil Modarrisi, CFA - Seeking Alpha - 48 mins ago
Greece is running out of time and money and the supposed brinkmanship with Troika has turned into a mere game of who blinks first. Cash crunch is taking hold in Greece and it has to find a way of repaying over EUR2bn to IMF in the next two months.... (full story)
LOS ANGELES (AP) — Truck drivers who haul goods from the nation's busiest port complex in Southern California walked off the job Monday in a dispute over their wages and employee status, months after another West Coast labor conflict cost major delays in billions of dollars of trade. (full story)
(1) Treasury Yields - The interest rate that the U.S. Treasury pays to borrow money.
(2) Bank Rates - The federal funds rate is the rate that banks pay to borrow reserves from each other in the interbank market. The prime rate is the rate that banks charge for loans to their best customers.
(3) The interest rate swap rate represents the fixed rate paid on a rate swap to receive payments based on a floating rate. Our Dollar Interest Rate Swaps page shows 1-, 5-, 10-, and 30-year rate swap charts, as well as historical rate swap data tables.
(4) Mortgage Rates - Mortgage rates are the rates that banks charge for loans to homeowners with the home used as collateral for the loan. Fixed-rate mortgage rates are fixed over the term of the loan whereas adjustable-rate mortgages (ARMs) vary over the term of the loan.