A brief drop in mortgage rates caused a huge surge in demand, but it may be short-lived
Mortgage rates dropped for much of last week, causing total mortgage application volume to surge nearly 16%, according to the MBA’s seasonally adjusted index.
Making a plan to pay for long-term care: Insurance and other alternatives
A majority of Americans age 65 will require some type of long-term care in their lifetime. Planning for that care involves understanding your options.
Big Oil given stark warning as peak crude and a major supply surplus expected by 2030
The IEA on Wednesday said a U.S.-led surge in global oil production is expected to outstrip demand growth between now and the end of the decade.
Menendez attorneys grill star witness in bribery trial about alleged payoffs
The witness, Jose Uribe, was one of three New Jersey businessmen who were originally charged in the case along with Menendez and his wife, Nadine Menendez.
Global gender gap could take 134 years to close — but 2024 elections offer hope, WEF says
The 2024 bumper election cycle presents a unique opportunity to make progress in closing the global gender gap, according to the World Economic Forum.
Elon Musk drops suit against OpenAI and Sam Altman
Elon Musk withdrew his lawsuit against OpenAI, Sam Altman and Greg Brockman on Tuesday in California state court.
Here’s what investors expect from the stock market after the Fed decision Wednesday
Broadly speaking, market observers expect that stocks have priced in how the central bank may proceed with interest rates.
OpenAI ex-employees worry about company’s control over their millions of dollars in shares
OpenAI has plans to regularly allow employees to sell some of their equity, but ex-staffers worry they won’t receive equal treatment.
Fed meeting and inflation report both hit Wednesday, and the impact could be huge
A one-two punch starts in the morning with the pivotal consumer price index reading for May, ending with the Fed’s policy meeting in the afternoon
GM trims 2024 EV forecast amid slower-than-expected demand
General Motors is trimming its expected sales and production of all-electric vehicles this year, as U.S. adoption of EVs occurs slower than expected.
