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  • The two words your boss never wants to hear from you
    News
    CNBC2 days ago

    The two words your boss never wants to hear from you

    Remember, a boss also has a boss, as well as colleagues from other divisions who he or she has to get along with. In fact, the last thing a boss wants is for one of their employees to give them yet another task, with no offer of help and no guidance or suggestions on how to accomplish it. If you're the employee making the suggestion, best case scenario, your boss ignores you.

  • Big drop in mortgage rates juices refinances, but doesn't seduce buyers
    Business
    CNBC.com22 hours ago

    Big drop in mortgage rates juices refinances, but doesn't seduce buyers

    Home sales flashing early warning signs    14 Hours Ago | 01:18 Lower mortgage rates are helping more homeowners refinance and reduce their monthly payments, but they are not providing much incentive to homebuyers, who are finding few affordable listings. Total mortgage application volume increased 4.4 percent last week on a seasonally adjusted basis from the previous week, according to the Mortgage Bankers Association. The gain was driven entirely by refinancings. A drop in interest rates to the lowest level since November pushed refinance volume higher by 11 percent for the week. Volume remained 30 percent below the same week one year ago, when interest rates were even lower. The average contract

  • Sears just scored a critical deal to extend its lifeline
    Finance
    Business Insider18 hours ago

    Sears just scored a critical deal to extend its lifeline

    Sears will now pay $100 million in July, instead of the full amount. Sears' situation grew even more dire this month as the company revealed that some suppliers are trying to cancel contracts and cut back on orders amid fears that the retailer could soon go bankrupt. Sears says the new financing deals will help it reach its goal of reducing outstanding debt and pension obligations by $1.5 billion for fiscal 2017.