Opinion: Facebook won’t get in trouble for putting profit over people, but that is far from its only issue
- Facebook whistleblower to Senate: company ‘amplifies division, extremism, and polarization’
- As Facebook faces fire, U.S. laws protecting kids online languish behind Europe
- Retail investors on Reddit and Twitter are having a lot of fun at Facebook’s expense
- Facebook’s Mark Zuckerberg refutes allegations by whistleblower
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Hormel announces partnership that will bring protein-alternative products to grocery shelves
Hormel Foods Corp. has announced a partnership between its incubator venture company, 199 Ventures, and The Better Meat Co. that will bring plant-based and other protein-alternative products to market. The items will contain The Better Meat Co.'s Rhiza mycoprotein, an ingredient made using potato-based fermentation that mimics meat's texture and has high level of protein and iron. Hormel stock has tumbled 11.5% for the year to date while the benchmark S&P 500 index has gained 15.7% for the period.
Dow's selloff is unanimous, led by Caterpillar, Boeing
All 30 components of the Dow Jones Industrial Average are losing ground in Wednesday's premarket session, as Dow futures shed 282 points, or 0.8%. The Dow's biggest losers are shares of Caterpillar Inc. , down 1.5%, and Boeing Co. , down 1.4%, and Dow Inc. , shedding 1.4%. The most active Dow stocks ahead of the open are Coca-Cola Co.'s , which fell 0.5%, and Apple Inc.'s , which declined 1.2%. The best performer was Johnson & Johnson's stock , which slipped 0.1%.
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Yes, the U.S. Has Defaulted Before. It Was Brief but Costly.
The technical default in 1979 amid a computer backlog drew an investor lawsuit and made certain borrowing more costly for the U.S. on a permanent basis.
Today's Interest Rates
- Mortgage
- Equity
- Savings
- Auto
| 30 yr fixed Jumbo | 3.11% |
| 30 yr fixed | 3.11% |
| 15 yr fixed | 2.38% |
| 10 yr fixed | 2.32% |
| 30 yr fixed refi | 3.08% |
| 15 yr fixed refi | 2.36% |
| 5/1 ARM | 2.79% |
| 5/1 ARM refi | 2.70% |
National averages from
Bankrate.com
| $30K HELOC | 1.99% |
| $50K HELOC | 5.00% |
| $75K HELOC | 1.99% |
| $100K HELOC | 5.00% |
| $30K Home Equity Loan | 5.24% |
| $50K Home Equity Loan | 3.74% |
| $75K Home Equity Loan | 3.74% |
| $100K Home Equity Loan | 4.12% |
National averages from
Bankrate.com
| 5 yr CD | 0.44% |
| 2 yr CD | 0.32% |
| 1 yr CD | 0.29% |
| MMA $10K+ | 0.09% |
| MMA $50K+ | 0.13% |
| MMA Savings | 0.07% |
| MMA Savings Jumbo | 0.15% |
National averages from
Bankrate.com
| 60 Mo Used Car | 4.12% |
| 48 Mo Used Car | 4.26% |
| 36 Mo Used Car | 4.26% |
| 72 Mo New Car | 3.83% |
| 60 Mo New Car | 3.77% |
| 48 Mo New Car | 3.58% |
| 60 Mo Auto Refi | 4.50% |
| 36 Mo Auto Refi | 4.25% |
National averages from
Bankrate.com
