Mortgage demand drops 8.5%, as interest rates swell to the highest level in 3 weeks
Mortgage rates rose last week, causing a large drop in demand for refinances. Homebuyer demand was essentially flat.
Amazon laying off about 16,000 corporate workers in latest anti-bureaucracy push
The layoffs mark the second round of mass cuts at Amazon since last October, when the company laid off roughly 14,000 employees across its corporate workforce.
U.S.-India trade talks could get a boost as America sees life going on without it
There could be a renewed push to conclude a U.S.-India trade deal, analysts say, as the White House sees other countries signing trade deals.
Greenland will not give in, PM says, as Denmark warns world order as we know it is over
Greenland Prime Minister Jens-Frederik Nielsen on Wednesday issued a defiant message on the Arctic island’s future.
Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
Khosla Ventures, G2 Venture Partners, Uber, Nvidia and Volvo are all investing in the Toronto-based, driverless tech startup.
Intel says it will match government’s ‘Trump accounts’ contribution to kids of employees
The 530A program, often called “Trump accounts,” passed last year as part of the administration’s “big beautiful bill.”
Canada’s Carney to Trump: ‘I meant what I said in Davos’
Carney said he and Trump discussed topics ranging from the Ukraine war to “Arctic security,” shorthand for the controversy over Greenland.
The market thinks BlackRock’s Rick Rieder will be the next Fed chair. Here’s what’s at stake
A five-month process of finding the next Fed chair appears to be down to its final days, with one candidate emerging as the betting favorite.
Read the memo: Amazon’s grocery boss details restructuring, says more ‘deliberate’ strategy needed
Amazon’s top grocery executive Jason Buechel told staff that the company needs to make more “deliberate choices” to win over customers.
Trump says ‘we’re going to de-escalate a little bit’ in Minnesota after Alex Pretti killing
Trump and the White House has sought to lower tensions over the shooting deaths of Alex Pretti and Renee Good in Minneapolis.
