Mortgage demand drops as interest rates remain stubbornly high
Mortgage demand dropped as interest rates remain stubbornly high.
Coca-Cola raises full-year outlook as earnings beat estimates
Coke has been raising prices across its portfolio, including another round of hikes during the first quarter.
15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer
Years of low interest rates gave U.S. investors access to an effectively endless supply of free money. A new economic era is unfolding as interest rates rise.
Kraft Heinz looks to revive Maxwell House brand with new instant iced latte with foam
Kraft Heinz’s Maxwell House is launching iced lattes with foam, its first new product in nearly a decade.
Microsoft is ‘in the lead’ with new cloud-based A.I. workloads, CEO Nadella says
Microsoft might not be the market leader in cloud infrastructure, but CEO Satya Nadella believes the company does have a leg up in cloud-based AI workloads.
ETF strategies to broaden beyond the mega-cap tech rally
Investors looking to diversify beyond the tech sector runup this year can consider a handful of alternative ETFs to reduce ballooning concentration risk.
Education Department opens investigation into Harvard’s legacy admissions
The U.S. Department of Education has launched a civil rights investigation into Harvard University’s policies on legacy admissions.
House Judiciary Committee to vote on whether to cite Zuckerberg in contempt of Congress
A criminal contempt case could be referred to the Justice Department, which could decide whether to take up the case.
Buy these high-yielding stocks that have grown dividends for 10 years, Trivariate Research says
High-yielding stocks could become increasingly important for investors’ portfolios, according to Trivariate Research’s Adam Parker.
OpenAI’s ChatGPT app now available for Android
OpenAI, the buzzy AI startup backed by Microsoft, debuted the Android version of its ChatGPT app on Tuesday.
