Mortgage demand falls for the second straight week, but all eyes are on Friday’s jobs report
Mortgage interest rates last week moved to the highest level since early May, and that pushed mortgage demand lower for the second straight week.
Australia drops case against Elon Musk’s social media platform X over church stabbing footage
Australia’s online safety regulator on Wednesday announced it had dropped its legal battle against Elon Musk’s X.
Intel wants to build ‘everybody’s AI chips,’ CEO says, as company plays catch-up with rivals
Intel wants to regain leadership in the chip industry after losing market share opportunities to rivals, its CEO said.
Amazon’s first U.S. labor union moves to affiliate with Teamsters
The Amazon Labor Union, which has faced setbacks since its landmark victory on Staten Island, is now looking to affiliate with the Teamsters.
Databricks acquires data optimization startup Tabular in fresh challenge to Snowflake
Databricks interrupted Snowflake’s conference to announce the acquisition of a startup that can help companies prepare data for more cost-effective queries.
Here’s how ‘spaving’ could hurt your finances
Spending more to save more, or “spaving,” is a common trick retailers use. But consumers may find it adds to their credit card debt.
Ford EV and hybrid sales surge 65% in May
Ford on Tuesday reported roughly 65% increases in sales of both hybrid and all-electric vehicles.
Trump 2020 campaign aide, lawyers charged in Wisconsin fake electors case
Wisconsin was one of several swing states that gave President Joe Biden his margin of victory over Donald Trump in the 2020 U.S. presidential election.
Job openings fell again in April, hitting lowest level since February 2021 in a sign of labor market weakening
Job openings fell more than forecast in April, signaling a potential weakening in the labor market.
Current and former OpenAI employees warn of AI’s ‘serious risks’ and lack of oversight
A group of current and former OpenAI employees published an open letter Tuesday describing concerns about the AI industry’s rapid advancement.
