Mortgage demand took a big step back last week, even after interest rates fell further
Total mortgage application volume fell 9% last week compared with the previous week.
Here’s everything the Fed is expected to do Wednesday
Markets have priced in a near-100% certainty that the Fed will announce a rate hike of 0.25 percentage point when its meeting wraps up Wednesday.
Why AMD is faring much better than Intel in the same tough economy
Neither chipmaker gave full-year guidance, citing economic uncertainty, but the stock market is reflecting how the two companies are diverging.
Snap shares plunge on weak revenue as digital ad struggles continue
Snap missed on revenue in its fourth-quarter earnings report and the company said revenue in the first quarter is likely to drop.
Senators push for airline passenger protections after holiday travel meltdown
Sens. Ed Markey and Richard Blumenthal reintroduced legislation that would strengthen airline passengers’ rights.
Colorado River deadline passes with no deal on voluntary water cuts
Arizona, California, Colorado, Nevada, New Mexico, Utah and Wyoming did not reach a deal to voluntarily cut their water usage from the drought-stricken river.
Meta technology chief Bosworth implies company has lost focus
Meta technology chief Andrew “Boz” Bosworth is wistful for the days when Facebook was a startup and had a clearer focus.
OpenAI comes up with a way to check if text was written by a human or not
OpenAI acknowledges shortcomings in its tool for spotting synthetic text but says it’s better at dealing with outputs from more recent AI models.
ChatGPT maker OpenAI comes up with a way to check if text was written by a human
OpenAI, the maker of chatbot ChatGPT, acknowledges that its tool for spotting synthetic text does make mistakes. It wants input from teachers and parents.
Biden to discuss police reform with Congressional Black Caucus members Thursday
The Congressional Black Caucus said it requested a meeting with the president to “push for negotiations on much needed national reforms to our justice system.”
