NEW YORK (AP) – Stocks post modest gains in afternoon trading on Wall Street as investors gauge recent corporate earnings and the unexpected surge in American jobless claims. Companies in a wide variety of industries, from high tech to railways, have had mixed results. Intel and Twitter will report after the market closes.
WASHINGTON (AP) – Mortgage rates are declining for the fourth straight week amid fears of rising delta coronavirus cases and a worsening pandemic in hot spots around the world. Mortgage buyer Freddie Mac says the average rate on a 30-year home loan fell to 2.78% from 2.88% last week, up from a 3.18% peak in April this year. The key rate a year ago was 3.01%. The 15-year loan rate fell to 2.12% from 2.22% last week.
NEW YORK (AP). Major websites stopped working today, which looked like a brief but widespread outage. Airbnb, AT&T, Costco, and Delta had error messages around noon. However, by 12:45 pm ET, they appeared to be working fine. Akamai, a large behind-the-scenes networking company, tweeted during the outage that it had created a fix for the service outage and that “based on current observations, the service is resuming normal operation.”
NEW YORK (AP) – Amazon is pushing homeowners across the country to allow drivers to open the front doors of apartment buildings when they need to leave packages in the lobby rather than on the street. A service called Amazon Key for Business allows delivery workers to move around faster as they don’t need to ring doorbells. And fewer stolen packages can give Amazon an edge over other online retailers. But there may be disadvantages. The device is connected to the Internet, which can make it vulnerable to hackers. And tenants may not know that Amazon drivers have access to the front doors of their homes.
UNDATED (AP) – When a religious publication used smartphone app data to determine the sexual orientation of a senior Roman Catholic official, it revealed an issue that goes far beyond the debate over church doctrine and priestly celibacy. With little US restrictions on what companies can do with the massive amounts of data they collect from web browsing, apps, and location tracking built into phones, there is little that can stop this kind of spying on politicians, celebrities, and just about everyone else. is the target of another person’s curiosity – or anger. Privacy experts say such cases will continue to proliferate as long as federal law does not regulate the processing of this data.