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Mortgage rates fall to 6.3%: Freddie Mac

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Mortgage rates fall to 6.3%: Freddie Mac

Mortgage rates fell this week, mortgage buyer Freddie Mac said Thursday.

Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage declined to 6.3% from last week’s reading of 6.37%. 

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The average rate on a 30-year loan was 6.83% a year ago.

MIAMI OVERTAKES LOS ANGELES AND NEW YORK AS WORLD’S RISKIEST HOUSING MARKET FOR BUBBLE RISK

A home for sale in California.

Realtor Russell Walsh takes a look at a listing by realtor Bryce Garman at Garman’s open house in Dana Point, California, on Aug. 1, 2024. (Paul Bersebach/MediaNews Group/Orange County Register via Getty Images)

“Compared to one year ago when rates were at 6.83%, this is a meaningful improvement for homebuyers during what is typically the busy spring homebuying season,” said Sam Khater, Freddie Mac’s chief economist.

THESE 10 HOUSING MARKETS GIVE FIRST-TIME BUYERS THE BEST SHOT AT HOMEOWNERSHIP IN 2026

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LOS ANGELES LEADS NATION IN MASSIVE POPULATION EXODUS AS ‘BREAKING POINT’ HITS GOLDEN STATE

The average rate on a 15-year fixed mortgage fell to 5.65% from last week’s reading of 5.74%.

Mortgage rates are affected by several factors, including the Federal Reserve and geopolitics. Though mortgage rates are not directly affected by the Fed’s interest rate decisions, they closely track the 10-year Treasury yield. The 10-year yield hovered around 4.29% as of Thursday afternoon.

People outside a home.

A real estate agent and a prospective buyer stand outside of a home during an open house in Seattle, Washington, on Jan. 18, 2026. (David Ryder/Bloomberg via Getty Images)

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The decline in mortgage rates follows a two-week ceasefire between the U.S. and Iran, brokered with help from Pakistan, that was framed by the White House as a step toward broader negotiations.

“The 10-year Treasury yield has eased from last week, and this relief has carried through to mortgage rates,” said Realtor.com senior economist Anthony Smith. “However, the durability of this rate decline hinges on whether the ceasefire holds and evolves into a more lasting resolution. Until there is greater clarity on the geopolitical front, mortgage rate volatility is likely to remain elevated, and any improvement could prove temporary.”

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Hayden Panettiere Recalls Being Placed in Bed With Undressed Famous Man at Age 18

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Blake Lively and Ryan Reynolds

LOS ANGELES — Hayden Panettiere has come forward with a disturbing account from her teenage years, claiming a woman she trusted as a protector physically placed her in bed next to an “undressed” and “very famous” man when she was just 18 years old. The “Nashville” and “Heroes” actress shared the alleged incident during a candid interview on the “On Purpose with Jay Shetty” podcast, promoting her upcoming memoir “This Is Me: A Reckoning,” set for release on May 19, 2026.

Hayden Panettiere
Hayden Panettiere

Panettiere, now 36, described the encounter as “shocking” and said it left her in survival mode. She recalled being on a boat where the trusted woman led her downstairs into a small room containing a bed. “She physically put me in the bed next to this undressed man who was very famous,” Panettiere said, adding that the man behaved as if the situation was routine for him.

The actress did not name the man or the woman involved. She emphasized feeling betrayed by someone she viewed as a mentor and protector, realizing only later how vulnerable and naive she had been at that age. Panettiere told Shetty she immediately recognized the danger, escaped the situation, and hid, feeling isolated at sea.

Context From Her Memoir and Career

The revelation is part of Panettiere’s broader reflection on her experiences in Hollywood as a child star turned young adult actress. She rose to fame as a child on shows like “One Life to Live” before starring as Claire Bennet on “Heroes” and later as Juliette Barnes on “Nashville.” Her memoir explores themes of trauma, addiction, postpartum depression, and the pressures of early fame.

Panettiere has been open in recent years about her struggles, including a high-profile custody battle with ex-partner Wladimir Klitschko over their daughter Kaya, and her battle with substance abuse. She has described the memoir as a reckoning with her past and a step toward healing.

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In the podcast, she tied the boat incident to broader patterns of exploitation faced by young women in the entertainment industry. “I realized I was in danger,” she recalled, noting how her underdeveloped sense of risk at 18 left her unprepared for such situations.

Public and Industry Reaction

News of Panettiere’s account spread rapidly across social media and entertainment outlets Tuesday. Fans expressed shock and support, with many praising her courage for sharing such a personal story. Hashtags related to the interview trended as supporters called for greater protections for young performers in Hollywood.

The entertainment industry has faced increased scrutiny in recent years over power imbalances, with movements like #MeToo highlighting cases of coercion and abuse. Panettiere’s story adds to ongoing conversations about safeguarding minors and young adults entering the business, though her decision not to name individuals has sparked mixed reactions. Some applaud her focus on personal healing over public shaming, while others urge more accountability.

No legal action has been mentioned in connection with the alleged incident, and representatives for Panettiere have not released further statements beyond the podcast appearance. The man’s identity remains undisclosed, leaving speculation among fans and media.

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Panettiere’s Path to Recovery

Beyond the boat incident, Panettiere has detailed other challenges in her life and career. She has spoken about the intense pressures of child stardom, body image issues, and the emotional toll of public scrutiny. Her custody decision to allow her daughter to live primarily with Klitschko in Ukraine was made amid severe postpartum depression and addiction struggles, a choice she has described as life-saving.

In recent years, Panettiere has focused on sobriety, mental health advocacy, and rebuilding her career. She appeared in “Scream 6” and has teased future projects. The memoir represents a full-circle moment, allowing her to reclaim her narrative after years of tabloid headlines.

Jay Shetty, host of the popular podcast, praised Panettiere’s vulnerability during the episode, noting how such stories highlight the need for better support systems in Hollywood. The full interview, which runs nearly two hours, covers her relationships, fame, and personal growth.

Broader Implications

Panettiere’s disclosure arrives at a time when Hollywood continues grappling with reform. Industry initiatives for safer working environments, intimacy coordinators, and anti-harassment policies have gained traction since the #MeToo movement, yet advocates argue more work remains, especially for young talent.

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Experts note that stories like Panettiere’s — shared years later in memoirs or interviews — often reflect delayed processing of trauma. Many survivors choose not to name individuals publicly due to legal risks, emotional burden, or a desire to focus on healing rather than confrontation.

For Panettiere, the decision to include the anecdote appears rooted in authenticity and helping others feel less alone. “I was so naive,” she reflected, hoping her openness encourages younger performers to trust their instincts and seek support.

As anticipation builds for “This Is Me: A Reckoning,” fans and observers await further details. The book promises deeper insight into the actress’s journey from child star to survivor, offering a raw look at fame’s darker side alongside moments of resilience and joy.

Panettiere’s willingness to revisit painful memories underscores a larger cultural shift toward transparency. Whether her story prompts industry changes or simply provides catharsis for the actress herself, it adds another voice to the conversation about power, vulnerability, and accountability in entertainment.

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For now, Hayden Panettiere continues focusing on recovery, motherhood, and forward momentum — one honest conversation at a time.

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Couple Shuts Down Amid Legal Drama and Public Support

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Blake Lively and Ryan Reynolds

NEW YORK — Persistent online speculation about an impending divorce between Blake Lively and Ryan Reynolds has intensified in 2026, largely fueled by Lively’s high-profile legal battle with Justin Baldoni, yet the Hollywood power couple continues to project unity through affectionate public appearances, supportive statements and direct dismissals that suggest the gossip remains firmly in the realm of unverified rumors.

As of mid-May 2026, no divorce filings have appeared in court records, and multiple sources close to the pair describe their marriage as intact despite intense media scrutiny surrounding Lively’s lawsuit. The couple, married since September 2012, shares four children — James, 11, Inez, 9, Betty, 6, and Olin, 3 — and maintains homes in New York and California.

Rumors gained traction earlier this year when Lively attended events solo and faced questions tied to her lawsuit against Baldoni, her “It Ends With Us” co-star and director. Online commentators speculated that the stress of the legal fight, which settled on May 4, 2026, just before trial, might strain the marriage. However, Reynolds publicly praised his wife in a rare statement, calling her “kind & fearless” in a Mother’s Day tribute and expressing pride in her integrity during the dispute.

Couple’s Public Rebuttals

Lively has directly addressed the chatter on social media. In response to a fan comment about divorce rumors, she replied with a lighthearted “Haha they wish,” a signature witty dismissal that echoes previous times the couple has batted away split speculation. In March 2026, the pair was photographed sharing a warm embrace at a Wrexham AFC match in Wales, with Lively later posting a smiling selfie with Reynolds on Instagram Stories.

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Their PDA-filled outing and continued joint appearances have reassured fans that the marriage remains strong. Reynolds has also referenced the Baldoni situation supportively, telling interviewers he has “never in my life been more proud of my wife.”

Legal Battle Context

Much of the current rumor wave stems from Lively’s lawsuit against Baldoni and related parties over alleged harassment and retaliation during the making of “It Ends With Us.” The case settled without a monetary exchange days before a scheduled May 2026 trial, with Lively dropping remaining claims while reserving the right to pursue fees. She attended the Met Gala solo shortly after the settlement, which some tabloids interpreted as further evidence of marital strain, though insiders described it as a strategic move to reclaim her narrative.

Both Lively and Reynolds have faced career challenges amid the divided public opinion on the lawsuit, but sources say the ordeal has brought them closer rather than driven them apart. Reynolds has been described as a steadfast supporter throughout the process.

Longstanding Relationship Timeline

Lively and Reynolds first met on the set of “Green Lantern” in 2010 and began dating in 2011. They married in a private ceremony in 2012 at a plantation in South Carolina. Over more than 14 years together, they have navigated fame, four children, multiple joint projects and intense public interest with notable humor and privacy.

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The couple has consistently presented a united front. Reynolds frequently praises Lively in interviews, and she has shared candid moments of their family life on social media. In March 2026, Lively posted about still taking “sneaky photos” of her husband after 14.5 years, writing “I have such a crush.”

Why Rumors Persist

Celebrity divorce speculation is common in Hollywood, especially during periods of high stress or when one partner faces controversy. The Baldoni lawsuit created a perfect storm for rumor mills, with every solo appearance or scheduling conflict interpreted as marital trouble. Tabloid outlets and social media accounts have amplified unverified claims, but close observers note the couple’s history of weathering storms together.

Astrologers and relationship experts invited to comment on podcasts have offered mixed opinions, with some warning of challenges for high-profile Scorpio-influenced pairings in 2026, yet none have cited concrete evidence of trouble.

Current Status and Future Outlook

As of May 2026, Blake Lively and Ryan Reynolds remain happily married with no signs of separation. They continue co-parenting, supporting each other’s careers and enjoying family time. Reynolds’ involvement with Wrexham AFC and Lively’s focus on personal projects and advocacy keep them busy, but sources say their bond is resilient.

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The couple has four young children who remain their top priority. Insiders say any future decisions will center on what’s best for the family, and both stars have emphasized protecting their private life from public speculation.

For now, the persistent divorce rumors appear to be exactly that — rumors. Lively and Reynolds have repeatedly demonstrated their commitment through actions and words, turning speculation into another chapter in their well-documented ability to rise above Hollywood noise. As they move forward after the Baldoni settlement, the focus remains on family, careers and shared projects rather than any marital dissolution.

Fans and observers will likely continue watching for public sightings and social media posts, but the latest evidence points to a couple still very much together after nearly 15 years of marriage. In an industry where splits are common, Lively and Reynolds stand out as one of Hollywood’s more enduring partnerships.

Whether the rumor cycle quiets or reignites with the next headline, the couple’s track record suggests they will continue facing it side by side.

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How the Iran Oil Shock Disrupts Regional Supply Chains

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How the Iran Oil Shock Disrupts Regional Supply Chains

Asia is in the grip of a deepening plastics emergency as the Iran oil shock chokes off supplies of a critical petrochemical feedstock, sending packaging prices soaring and raising alarm across food, medical, and consumer goods industries from Indonesia to Japan.

Key takeaways

  • Asia imports around 70% of its naphtha from the Middle East, and the Strait of Hormuz closure has nearly doubled prices, sending plastic resin costs up as much as 59% and threatening production shutdowns across the region.
  • The shortage is hitting everyday goods and medical supplies simultaneously, with food packaging, beverage containers, and hospital plastics such as syringes and IV bags all affected across Indonesia, Japan, South Korea, and beyond.
  • Governments have responded with emergency tariff suspensions and export bans on naphtha, while recycled plastic prices have quadrupled from $400 to $1,600 per ton as manufacturers scramble for alternatives.

At the heart of the crisis is naphtha, a petroleum derivative and essential building block for the polymers that underpin virtually all modern plastic packaging.

The closure of the Strait of Hormuz following U.S. and Israeli airstrikes on Iran in late February has dramatically curtailed the region’s access to that raw material.

The price of naphtha in Asia has nearly doubled since the conflict began, while prices for plastic resins have climbed as much as 59% to record highs.

On the ground in Jakarta, the crisis is already palpable. At Toko Durga Plastik, a packaging retailer in the Indonesian capital, daily sales have fallen by almost half over the past month.

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A sign at the entrance warns customers of “skyrocketing” prices. “Sourcing supplies is impossible because the stock is limited,” said Arif, a worker at the shop. Indonesia imports virtually all of its naphtha, the overwhelming majority of which previously arrived from the Middle East. Suppliers have warned plastics producers they may have to suspend operations entirely.

From Food Stalls to Hospital Wards

The disruption is not confined to Indonesia. Asia imports around 70% of its naphtha from the Middle East, and the shockwaves are being felt across the region.

In Japan, fears are mounting that patients with chronic kidney failure will struggle to access the plastic medical tubes used in hemodialysis. In South Korea, health regulators launched a nationwide probe into hoarding of syringes, needles and gloves, and Seoul imposed an export ban on naphtha to protect domestic supply.

Taiwan saw plastic goods prices surge as much as 40%, while Malaysia’s Farm Fresh dairy brand said a shortage of PET resin caused its milk cartons to vanish from supermarket shelves. In India, prices for plastic bottle caps have quadrupled since the war started.

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“This spills into everything very, very quickly: beer, noodles, chips, toys, cosmetics,” said Dan Martin, co-head of business intelligence at advisory firm Dezan Shira and Associates.

Experts warn the burden will fall hardest on smaller enterprises. “Large firms typically have access to tools such as hedging, long-term contracts, and inventory buffers. Most smaller manufacturers do not,” said Chen Ping-Kuo, a professor of industrial engineering at Japan’s Ritsumeikan Asia Pacific University. He cautioned that the disruption will “move quickly through supply chains,” given Asia’s deep dependence on plastic across virtually every industry.

No Easy Exit

Governments across the region are responding with emergency tariff suspensions and efforts to diversify supply sources. At the same time, manufacturers of paper, bamboo and recycled packaging are reporting unexpected windfalls as companies scramble for alternatives. The price of recycled plastics has jumped from around $400 per ton before the crisis to $1,600 per ton today.

The IMF has warned that for affected economies, “all roads lead to higher prices and slower growth.” With no resolution to the Strait of Hormuz closure in sight, analysts warn the worst may be yet to come.

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Saudi Aramco Sees Oil Market Losing 100 Million Barrels a Week if Hormuz Remains Closed

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Alphabet Is Selling 100-Year Debt as Part of a Big Bond Sale

Saudi Aramco Sees Oil Market Losing 100 Million Barrels a Week if Hormuz Remains Closed

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Kopin Corporation (KOPN) Q1 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Good morning, everyone, and welcome to the Kopin Corporation First Quarter 2026 Earnings Conference Call. [Operator Instructions]

This conference is being recorded today, and the earnings press release accompanying this conference call was issued earlier today. Before we get started, I’d like to remind everyone that during today’s call, we will be making forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on the company’s current expectations, projections, beliefs and estimates and are subject to a number of risks and uncertainties that cause actual results to differ materially from those forward-looking statements.

Potential risks include, but are not limited to, demand for our products, operating results of our subsidiaries, market conditions and other factors discussed in our most recent annual report on Form 10-K and other documents filed with the Securities and Exchange Commission.

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Although the company believes that the assumptions underlying these statements are reasonable, any of them can be proven inaccurate, and there can be no assurances that the results will be realized. The company undertakes no obligation to update the forward-looking statements made during today’s call.

Kopin Corporation’s Chief Executive Officer, Michael Murray, will begin today’s call with an overview of Kopin’s strategic progress and business developments during the first quarter and the period that has followed. Following Michael, Kopin’s CFO, Erich Manz, will review the company’s first quarter

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This Car Company Doesn’t Fear China

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This Car Company Doesn’t Fear China

This Car Company Doesn’t Fear China

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LifeStance Health Group completes offering of 35 million shares by selling stockholders

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LifeStance Health Group completes offering of 35 million shares by selling stockholders

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Yindjibarndi CEO Michael Woodley responds to $150m Fortescue compensation order

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Yindjibarndi CEO Michael Woodley responds to $150m Fortescue compensation order

The boss of a Pilbara native title group has hailed a landmark compensation verdict as a win for Indigenous rights, while expressing disappointment at other elements of the judgement.

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Karman Space & Defense posts in-line Q1 earnings per share, revenue beat; Shares fall 4%

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Karman Space & Defense posts in-line Q1 earnings per share, revenue beat; Shares fall 4%

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Gold, housing plays take a hit as PM Modi’s austerity pitch rattles consumer-facing stocks

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Gold, housing plays take a hit as PM Modi's austerity pitch rattles consumer-facing stocks
Shares of jewellery makers and real estate developers came under sharp selling pressure on Monday after Prime Minister Narendra Modi called for a year of financial restraint, urging citizens to postpone gold purchases and reduce discretionary travel as India grapples with elevated energy costs and geopolitical uncertainty.

The comments, made during a public address in Secunderabad, triggered an immediate market reaction in sectors closely linked to household spending.

Among jewellery stocks, Titan Company Limited fell nearly 4%, Kalyan Jewellers India Limited dropped around 6%, while Senco Gold Limited also declined about 6% during intraday trade.

Real estate counters were also under pressure after Modi advised citizens to work from home wherever possible to help reduce fuel consumption amid the ongoing West Asia conflict and rising crude prices. Brigade Enterprises fell nearly 4%, Prestige Estates dropped about 5%, while Puravankara slipped close to 2%.

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Modi’s remarks struck a sensitive chord in India, where gold is not just an investment product but deeply tied to weddings, festivals, family savings and inter-generational wealth. Any signal that could potentially affect household spending patterns tends to quickly reflect in listed consumer-facing businesses.


The market reaction also came at a time when gold prices remain near record highs and crude oil continues to trade above $100 a barrel, raising concerns around inflation, import costs and consumer purchasing power.
Ponmudi R, CEO of Enrich Money, said the immediate selloff reflects sentiment rather than a structural demand concern.”Such comments can create short-term pressure on jewellery stocks because investors start pricing in possible moderation in festive or wedding demand. But Indian gold buying is deeply cultural and emotionally driven, so the risk of a prolonged demand destruction remains limited,” he said.

Ponmudi added that organised jewellery players could continue gaining market share even if overall demand slows temporarily, as consumers increasingly prefer trusted brands and transparent pricing.

Analysts also pointed out that the real estate selloff appears more sentiment-driven than fundamental. Work-from-home adoption can influence commercial mobility and near-term housing sentiment, but India’s residential demand continues to be supported by urbanisation, income growth and supply discipline in key markets.

(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)

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