The big banks are at war for new mortgages - but the sweet deals they’re offering are effectively funded by current borrowers and savers.AUD +0.6% to 67.70 US centsIn New York: BHP +1.3% Rio +2% Atlassian +6.9%In Europe: Stoxx 50 +1.3% FTSE +0.04% CAC +0.9% DAX +1.6%Iron ore -0.7% to $US125.50 a tonneUnited States
The automaker announced on Friday that it plans to build more of the Mustang Mach-E, the Bronco Sport SUV and Maverick small pickup, the F-150 Lightning electric pickup and the Transit and E-Transit gas and electric full-size vans.Amazon is pausing construction of the second phase of its second headquarters in Virginia following the biggest round of layoffs in the company’s history and shifting landscape of remote work.
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