mbzb $1.1 billion Mega Millions jackpot on the line Friday night
Aysi South Carolina governor signs bill banning transgender students from playing girls sports
Paul Solman answers questions from NewsHour viewers and web users on business and economic news here on his Making Sen$e page. Here Tuesday query:Name: Gene H.Question: Do you have a current opinion about the direction of the six-month LIBOR I ;m torn between refinancing my mortgage to a fixed rate or keeping the ridiculously low LIBOR ARM loan I have. Paul Solman: First off, Gene, let do some background explanation to make sure readers know what you ;re asking. The six-month LIBOR the London Inter-Bank Offering Rate, pronounced LIE-bore is the interest rate that banks in London charge one another to borrow money for six months. An ARM is an Adjustable Rate Mortgage, which adjusts to some common interest rate, quite often, LIBOR. The six-month LIBOR as I write is .587 percent. So if G [url=https://www.stanley1913.com.es]stanley cup[/url] ene 8 [url=https://www.stanley-stanley-cup.us]stanley cup[/url] 217 ARM is LIBOR plus 2.5 pe [url=https://www.stanley-cups.fr]stanley cup[/url] rcent, say, the total annual cost is almost 3.1 percent. For this year. If six-month LIBOR were going to steeply rise to more than 1.5 percent, say, then locking in a 30-year rate of 4 percent would make sense, since the ARM would reset at 1.5 LIBOR plus the contractual 2.5. Hence Gene question.I can ;t answer it, of course. It was to just such a question about the direction of interest rates, at a journalism conference in 1988, that the late Harvard economist and economics popularizer John Kenneth Galbraith responded: There are two kinds of economists; those who don ;t know the futur Tjeh U.S. to seek death penalty for Boston Marathon bomb suspect
WASHINGTON In the face of Israeli outrage over the Iran nuclear accord, the Pentagon is moving quickly to reinforce arguably the strongest part of the U.S.-Israeli relationship: military cooperation.But officials say Washington has no plans to offer new weaponry as compensation for the Iran deal.Defense Secretary Ash Carter left for Tel Aviv on Sunday to push ahead wit [url=https://www.airmaxplus.it]airmax[/url] h talks on ways the U.S. can further improve Israel security not just with Iranian threats in mind, but an array of other challenges, including cyberdefense and maritim [url=https://www.airmaxplus.es]air max[/url] e security.Israel also has expressed concern that U.S. sales of advanced weaponry to Gulf Arab states has the potential of offsetting, to some degree, Israel qualitative military edge.Aides said in advance of the trip that although Carter strongly supports the Iran deal, he had no intention of trying to reverse Israeli opposition to it. Israeli Prime Minister Benjamin Netanyahu has denounced the deal as a mistake of historic proportion.Carter is scheduled to meet with Netanyahu and Israeli Defense [url=https://www.stanleymugs.us]stanley cup[/url] Minister Moshe Yaalon, as well as with Israeli generals, and visit troops in northern Israel. He plans to stop in Jordan and Saudi Arabia, U.S. allies whose leaders also are worried about implications of the nuclear deal.On the day the Iran accord was announced, Carter issued a statement saying the U.S. is prepared and postured to help Israel improve its security, although he offered no specifics. He added th
