Microsoft (MSFT) Improves Windows 10 Transparency with Dedicated Updates History Site Feb 9, 2016 02:40PM

Microsoft (Nasdaq: MSFT) has launched a website dedicated to tracking Windows 10 patch updates. Several updates have been released since Windows 10 launched in the middle of last year, but most users don't really know what is being fixed/updated when new releases are applied. The site will include every update of the OS for a historical record moving forward.

The following is from the new website:

We're committed to our customers and strive to incorporate their... (continue reading...)


Zillow Mortgages Says 30-Year Fixed Rate Fell 7 bps Last Week to 3.43% Feb 9, 2016 02:08PM

The 30-year fixed mortgage rate on Zillow Mortgages is currently 3.43 percent, down seven basis points from this time last week. The 30-year fixed mortgage hovered around 3.47 percent for most of the week before falling to the current rate.

“Mortgage rates fell last week to their lowest levels since May 2013 due to continuing financial market turmoil, concern about oil prices, and shifting central bank policies overseas,” said Erin Lantz, vice president of mortgages... (continue reading...)


Negative bond yields: the world's $6 trillion (and growing) problem Feb 9, 2016 01:43PM

By Jamie McGeever

LONDON (Reuters) - With the historic fall in Japan's 10-year government bond yield below zero on Tuesday, the value of government bonds around the world registering negative yields is now above $6 trillion.(For graphic click here: http://tmsnrt.rs/20HOJGo ) The dramatic expansion of what is effectively a charge on lending to governments comes during one of the most volatile starts to a financial markets year in many decades.

... (continue reading...)
Bank Stocks Obliterated to Start the Year Feb 9, 2016 01:11PM

Against conventional wisdom that says 'buy bank stocks in a rising rate environment', the mega-cap names in the sector have been relentlessly crushed so far this year. As an illustration, Bank of America (NYSE: BAC) is down 27% YTD, Citigroup (NYSE: C) is down 28% YTD, Goldman Sachs (NYSE: GS) is down 17% YTD, and JPMorgan Chase (NYSE: JPM) is down 16% YTD, among many others. The sector's flagship ETF, Financial Select Sector SPD (NYSE: XLF), is down 15% YTD.

The carnage... (continue reading...)


UPDATE: Tesla (TSLA) Affirms Model 3 Pricing; Says Vehicle Could Cost ~$25k with Incentives Feb 9, 2016 12:49PM (Updated - February 9, 2016 12:49 PM EST)

Tesla (Nasdaq: TSLA) confirms that the Model 3 will price at $35,000 without including tax incentives, according to Bloomberg. The company said that the Model 3 could cost as low as $25,000 including incentives.

UPDATE - Tesla spokeswoman Khobi Brooklyn confirmed the $35,000 price tag today.

Bloomberg New Energy Finance sees the average cost of the Model 3 at around $31,000.

The base incentive is the $7,500 federal income tax... (continue reading...)


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