Mortgage demand drops more than 10% as rates hit the highest level since October
Mortgage demand continued to tumble last week, as mortgage rates surged higher and affordability weakened further.
Arm jumps 13% in premarket after saying first in-house chip set to generate $15 billion in revenue
Arm said it expects its new chip to generate six times more revenue in 2031 than the $4 billion it made in 2025.
Recession odds climb on Wall Street as economy shows cracks beneath the surface
Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a labor market slump.
Recession odds climb on Wall Street as economy shows cracks beneath the surface
Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a labor market slump.
It’s not just oil and gas. The Strait of Hormuz blockage is rattling another vital commodity
“I’m a lot more concerned about the current crisis than I was when Russia-Ukraine happened four years ago,” one fund manager told CNBC.
Denmark’s PM Frederiksen suffers election setback after standing up to Trump over Greenland
Frederiksen had sought to capitalize on popular support after standing up to Trump’s push to annex Greenland, a self-governing Danish territory.
Meta must pay $375 million for violating New Mexico law in child exploitation case, jury rules
Jury reaches a verdict in New Mexico trial in which the state’s attorney general alleged that Meta failed to safeguard its family of apps from child predators.
Iran has received Trump’s 15-point plan to end war, report says; President says ‘in negotiations right now’
It comes amid a messaging clash between the U.S. and Iran on peace negotiations.
Baltimore is first U.S. city to sue over Grok deepfake porn as legal pressure mounts on Musk’s xAI
Following international regulatory probes, lawsuits are piling up in the U.S. against Elon Musk’s xAI and its Grok chatbot.
Judge presses DOD on why Anthropic was blacklisted: ‘That seems a pretty low bar’
The Defense Department designated Anthropic as a risk to U.S. national security, the first time an American company had been hit with that designation.
