Mortgage refinance demand plunges 19% after interest rates shoot higher
Mortgage rates shot higher last week, as the war with Iran stoked fears over inflation. That caused a major drop in refinance demand, but buyer demand improved.
Cuba partially restores power as President Díaz-Canel vows ‘unyielding resistance’ to U.S. oil blockade
The communist-run island nation is thought to be facing its biggest test since the collapse of the Soviet Union amid a U.S. oil blockade.
Jensen Huang says Nvidia has received orders from China and is ‘restarting our manufacturing’
Nvidia is gearing up to sell its H200 processors to customers in China after a lengthy delay due to restrictions from both the U.S. and Chinese government.
The Fed issues its latest interest rate decision Wednesday. Here’s what to expect
The Federal Reserve has little choice but to stay on the sidelines this week.
Elon Musk and SEC in talks to settle lawsuit over Twitter deal
The SEC accused Elon Musk of failing to promptly disclose that he amassed an active stake in Twitter in 2022.
Tesla to buy $4.3 billion of LG Energy battery cells from disbanded GM plant
Tesla is expanding ties with LG Energy Solution to include a $4.3 billion deal for U.S.-produced cells for energy storage systems from Michigan.
SAVE Act: Senate votes to start debate on Trump-backed voter-ID bill
Senators are expected to debate the election bill over the coming days and even weeks.
Trump slams NATO allies for not joining Iran war effort, says U.S. never needed their help
Trump, a longtime NATO critic, said he sees the alliance as a “one way street — We will protect them, but they will do nothing for us.”
Senate Democrats send DHS counteroffer to Trump as shutdown drags on
The Department of Homeland Security shutdown has caused pileups in airport security lines across the country.
Microsoft shakes up Copilot AI leadership team, freeing up Suleyman to build new models
Microsoft is doubling down on its superintelligence group to build models, while consolidating engineering efforts for its Copilot assistants.
