Mortgage rates shoot to 2-month high after new report shows inflation is still hot
The average rate on the 30-year fixed mortgage jumped to 7.14%, according to Mortgage News Daily. That is the highest level in two months.
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January wholesale prices rise more than expected, another sign of persistent inflation
The producer price index was expected to increase 0.1% in January, according to economists surveyed by Dow Jones.
Foremost Group CEO Angela Chao died after car went into Texas pond, sheriff says
Angela Chao, CEO of Foremost Group and sister-in-law of Senate Minority Leader Mitch McConnell, "succumbed from being under the water," authorities said.
Starbucks has a new accessible store design. Take a look inside
Changes include tweaks to the cafe's lighting and acoustics, as well as lower counters.
What to expect as the Munich Security Conference kicks off with beefed up security
Security forces descended on Munich for the conference which will see an estimated 60 heads of state and over 85 government officials meet.
Ford CEO tells Wall Street to forget Tesla, says 'Pro' business is the future of the auto industry
Ford Pro is made up of the automaker's traditional fleet and commercial businesses as well as emerging telematics, logistics and other connective operations.
OpenAI just revealed new software that lets you create realistic video by simply typing a descriptive sentence
OpenAI announced Thursday it has expanded beyond text and images to offer video-generation AI for the first time.
Toast will lay off 10% of its workforce, about 550 employees, as growth slows
Toast said it would lay off 550 employees, resulting in $45 million to $55 million charges, mostly in the first quarter.
Jeff Bezos sells more than $2 billion in Amazon stock for third time this month
The sale comes after two separate sales of about 12 million shares each.
Trump DA Fani Willis lashes out from witness stand as judge considers whether to disqualify her
A Georgia judge presiding over criminal charges against Donald Trump heard arguments about whether to disqualify District Attorney Fani Willis.
Trade Desk shares soar on revenue beat and strong guidance
Shares of The Trade Desk jumped over 18% on strong first-quarter guidance and a sales beat.
Nvidia holdings disclosure pumps up shares of small AI companies
A filing from Nvidia late Wednesday shows the chipmaker has stakes in a handful of public companies.
Intuitive Machines stock spikes 35% as company's first moon mission starts
The company went public via a SPAC merger last year and, despite nearly doubling so far this year, trades at about half the stock's debut price.
Microsoft will bring four Xbox games to other companies' consoles
Microsoft said Thursday that it will release four of its video games on competing consoles, signaling a shift in strategy.
Trump hush money trial to start March 25, judge denies dismissal request
A lawyer for Donald Trump before the 2016 election paid porn star Stormy Daniels to keep quiet about her alleged one-time encounter with the Republican.
Retail sales tumbled 0.8% in January, much more than expected
Sales declined 0.8%, down from a 0.4% gain in December and worse than the estimate for a 0.3% drop.
Moon company Intuitive Machines begins first mission after SpaceX launch
If fully successful, the IM-1 cargo mission would be the first U.S. lunar landing in more than 50 years.
Here's how ed-tech company 2U spiraled from $5 billion to 'going concern'
2U warned this week that it could cease to be a going concern as it faces $900 million in debt and another quarter of losses.
SpaceX files to move incorporation site from Delaware to Texas
After a Delaware court ordered Tesla to rescind CEO Elon Musk's $56 billion 2018 pay package, the billionaire plans to move SpaceX's incorporate site to Texas.
Pay TV distributors may be planning their attack against new sports joint venture
The key question for pay TV distributors such as Comcast, Charter and DirecTV is whether they'll be able to offer the same sports bundle as the joint venture.
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