Author: Associated Press

Average 30-year mortgage rate rises to 4.03 percent

WASHINGTON (AP) — Long-term U.S. mortgage rates rose this week for the first time in five weeks. The benchmark 30-year rate pushed back above the key threshold of 4 percent. Mortgage buyer Freddie Mac says the average rate on 30-year fixed-rate home loans increased to 4.03 percent from 3.97 percent last week. The rate stood at 3.66 percent a year ago and averaged 3.65 percent in 2016, the lowest level in records dating to 1971. The rate on 15-year mortgages rose to 3.27 percent from 3.23 percent last...

Read More

Comcast’s under-the-radar growth driver is… Theme parks

BY TALI ARBEL NEW YORK (AP) — One of Comcast’s fastest-growing businesses hasn’t been selling cable or internet subscriptions – or making movies and TV shows, or selling TV ads. It’s been theme parks. Since 2011, when Comcast first took over NBCUniversal’s film and TV studios, cable and broadcast networks, TV stations and theme parks, the parks have been one of its biggest revenue drivers. It was, of course, a smaller business to begin with, leaving more room for growth, but that isn’t the whole explanation. Cable subscriptions dropped for a decade before growth resumed last year (although cable...

Read More

Celtics beat Bulls 108-97, take 3-2 lead in series

BY JIMMY GOLEN BOSTON (AP) — The Celtics and Bulls found another thing to argue about after Game 5 of their spirited first-round playoff series: Was Avery Bradley more impressive on offense, or on defense? “Everyone knows he’s a good defender. Tonight, he got his offensive game going,” Chicago’s Dwyane Wade said after Bradley scored 24 points to lead Boston to a 108-97 victory and a 3-2 lead in the best-of-seven series. “You expect him to do what he does defensively, but we gave up 24 points to him tonight. He hurt us offensively tonight more than anything.” Isaiah...

Read More

New Blood Test Offers Hope for Better Lung Cancer Treatment

BY MARILYNN MARCHIONE BOSTON (AP) — Researchers have taken an important step toward better lung cancer treatment by using blood tests to track genetic changes in tumors as they progress from their very earliest stages. With experimental tests that detect bits of DNA that tumors shed into the blood, they were able to detect some recurrences of cancer up to a year before imaging scans could, giving a chance to try new therapy sooner. It’s the latest development for tests called liquid biopsies, which analyze cancer using blood rather than tissue samples. Some doctors use these tests now to...

Read More

UAE’s first solar-powered gas station opens in Dubai

DUBAI, United Arab Emirates (AP) — A government oil company in the United Arab Emirates says it has opened the country’s first solar-powered gas station in Dubai. The Dubai-owned Emirates National Oil Company said on Wednesday the service station on the city’s main Sheikh Zayed Road thoroughfare is covered with solar panels that can generate up to 120 kilowatt hours. ENOC says that is about 30 percent more energy than the station needs, so the excess power is directed back into the city’s electric grid. Although it is OPEC’s fourth biggest oil producer, the UAE has made a push...

Read More