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When should you refinance your mortgage?

Interest rates are at historically low levels, signaling a good time for refinancing. (iStock)Mortgage refinancing rates are on a downward trend with the shadow of COVID-19 looming over the U.S. economy.Larger mortgage lenders agree that mortgage rates continue to slide to historically low levels. Wells Fargo estimates an interest rate of 2.93 percent for 30-year fixed-rate mortgages by the end of 2020. Fannie Mae is not far behind, demanding an average interest rate of 3.05 percent in the latter half of the year.Mortgage lenders say it's a good time to refinance a mortgage. However, homeowners who want to refinance right…

Gates and the world empire win big on the Private Jet company’s 196% wave

Photographer: Luke MacGregor / Bloomberg Photographer: Luke MacGregor / Bloomberg The coronavirus crisis has not stopped the world's wealthy from flying - they are increasingly doing so privately, and some are getting oversized returns from it.Bill Gates, Nassef Sawiris, James Packer and Kerry Stokes have amassed more than $ 1.2 billion in the world's largest operator of private jet bases, according to data collected by Bloomberg. The company, Signature Aviation Plc, has recently become the focus of a takeover battle involving Blackstone Group Inc., Carlyle Group Inc. and Global Infrastructure Partners, helping its shares nearly triple since a low in…

Japan says nuclear essential to hitting web zero aim by 2050

Japan says nuclear crucial to hitting net zero goal by 2050

Nuclear energy will likely be important if Japan is to achieve its aim of web zero carbon emissions by 2050, the nation’s vitality minister has informed the Monetary Occasions, saying that energy shortages this winter have helped to shift public debate over the sector.Heavy snowfalls that introduced Japan to the brink of energy cuts final month underlined the continued want for nuclear, stated Hiroshi Kajiyama, who's accountable for vitality in his position as minister for financial system, commerce and trade.The feedback mirror a dramatic shake-up in Japanese coverage because it shifts again to deal with lowering emissions after a decade…

TSA asks private jet pilots to keep an eye on during inauguration – Robb report

The U.S. Transportation Safety Board (TSA) is asking private jet owners and pilots to report any suspicious or unusual activity as security tightens around tomorrow's presidential inauguration of Joe Biden. The government agency last week sent a request to the general aviation community to report "disruptive activity" to police. A story in the National Business Aviation Association's daily news site reported it security has been tightened in Ronald Reagan Washington National Airport, Washington Dulles International Airport and BWI Thurgood Marshall Airport following the recent attack on the US Capitol. "In light of recent events at the U.S. Capitol and in…

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