Finance

How Fed hikes could affect mortgages, car loans, card rates

Will mortgage rates go up? How about car loans? Credit cards? How about those nearly invisible rates on bank CDs — any chance of getting a few dollars more?

Americans are spending but inflation casts pall over economy

Americans are doing the main thing that drives the U.S. economy — spending — but accelerating inflation is casting a pall.

Theranos CEO wooed investors while lab director saw trouble

Fallen Silicon Valley star Elizabeth Holmes convinced media mogul Rupert Murdoch and other billionaires to invest in her biotechnology startup despite warnings its unconventional blood tests were dangerously unreliable, according to evidence presented Tuesday during her criminal trial.

Redistricting Process for County Supervisorial Districts Begins Tuesday

The Board of Supervisors Tuesday received initial testimony regarding the redrawing of supervisorial district boundaries in Riverside County, with speakers alternately seeking changes or signaling their satisfaction with the status quo, particularly in the Riverside metropolitan area.

Xiaomi beat Samsung in Europe for the first time

The past 18 months have thrown the smartphone market royalty into disarray. It was no surprise that Huawei was dethroned from its coveted spot but getting booted out of the world’s Top 5 was still painful. Samsung barely maintains a lead in the global market after a decrease in shipments, while Apple remains stable against all odds. Amidst this reshuffling, Xiaomi is emerging as the strongest contender, having surpassed even Samsung last quarter, at least in Europe.

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