Mortgage rates spike after stronger-than-expected jobs report
The average rate on the 30-year fixed mortgage is now 6.53% according to Mortgage News Daily.
Supreme Court declines to block Biden rules on planet-warming methane and toxic mercury emissions
The Biden administration wants to rapidly reduce emissions of methane from oil and gas facilities and also seeks to reduce mercury pollution.
As Apple enters AI race, iPhone maker turns to its army of developers for an edge
As Apple prepares Apple Intelligence to jump into tech’s AI race, it’s relying on one of its strongest advantages: Its army of 34 million app developers.
GM halts production at two major U.S. plants due to Hurricane Helene
In a message to workers, GM said the company was working with impacted suppliers “to resume operations as quickly and safely as possible.”
U.S. job creation roared higher in September as payrolls surged by 254,000
Nonfarm payrolls were expected to increase by 150,000 in September, according to the Dow Jones consensus forecast.
CVS is under pressure and considering a breakup. Here’s why that could be risky
A breakup would be a stunning reversal for CVS, which has spent tens of billions of dollars on acquisitions to turn itself into a one-stop health destination.
Waymo to add Hyundai EVs to robotaxi fleet under new multiyear deal
On-road testing with Waymo-enabled Ioniq 5s will begin by late 2025, and they are expected to become available to robotaxi riders in the following years.
Why oil prices haven’t skyrocketed on Middle East supply fears — yet
Energy analysts have questioned whether oil markets are being too complacent about the risk of a widening conflict in the Middle East.
Ford reveals new 2025 Expedition SUV, including off-road and ‘Ultimate’ models
Ford Motor is increasing the refinement and technology of its large Expedition SUV as part of a vehicle redesign to better compete with growing competition.
Mark Zuckerberg is now world’s second-richest person, ahead of Jeff Bezos
Meta CEO Mark Zuckerberg has surpassed Jeff Bezos as the world’s richest person, according to the Bloomberg Billionaires Index.
