Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. The rate on a 30-year fixed refinance rose to 6.96% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.91%, and for 20-year mortgages, the average is … Read more
PG&E Corp. missed first-quarter profit estimates on Thursday, as the power company was hurt by higher operating and interest expenses. Higher-for-longer interest rates push up borrowing costs for utility companies, which typically need more capital for expenses such as maintaining the grid. Related: Lawsuits Accuse Insurers of Colluding to Drop Coverage in Fire-Prone Parts of … Read more
Threat actors are opting for code exploitation at an increasing rate as credential theft is becoming less popular as a means of intrusion.Verizon’s latest Data Breach Investigation Report (DBIR) found that 1 in 5 breaches were the result of an exploit script against an exposed security vulnerability. By comparison, 22% of exploits were the result … Read more
On March 14, 2025, President Trump rescinded a Biden-era executive order that had required certain federal construction and service contractors to pay an elevated minimum wage that increased annually, most recently set at $17.75 per hour in 2025. President Trump’s Executive Order 14236, Additional Rescissions of Harmful … Read more
Tropical Cyclone Alfred, the seventh named storm in the Australian cyclone season, is expected to drive economic and insured losses in the hundreds of millions of Australian dollars at least, according to insurance and reinsurance broker Aon.Cyclone Alfred made landfall near Brisbane on March 7th, but after a slow approach to land it had caused … Read more