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It’s a major shift from where rates were a year ago: Last January, the 30-year rate averaged 7.04%
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BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION 1.  On October 24, 2025, the Secretary of Commerce (Secretary) transmitted to me a report Every child deserves a safe and nurturing home where they can learn, grow, and reach their full potential…
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Analysts see investment opportunities in makers of components, defense technology and critical minerals that will be vital to the future of robotics
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Never underestimate the power of financial incentives. Even for tech billionaires.
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OpenAI is partnering with Cerebras to add 750MW of ultra low-latency AI compute to our platform.
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As President Donald J. Trump advances bold action to address the housing challenges facing American families following years of rising costs under Biden,
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Bilt is unveiling three new credit cards with interest rates capped at 10%, days after President Donald Trump threatened lenders that failed to do so.
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Banks such as Citigroup and Wells Fargo say capping rates would limit credit and hurt economic growth
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Traders digested a fresh batch of earnings and monitored geopolitical developments.
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The U.S. housing market slump dragged into its fourth year in 2025, as sales remained stuck at a 30-year low with rising home prices and elevated mortgage rates keeping many prospective home shoppers shut out of the market. The National Association of Realtor…
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Citi's CEO pledged to save billions by cutting jobs. A new memo and statements by the bank's top brass shed light on how that will play out in 2026.
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Wells Fargo stock slipped on Wednesday after the company’s earnings came in below estimates.
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China has reported its trade surplus surged to a record of almost $1.2 trillion last year as exports to other countries made up for slowing shipments to the United States under President Donald Trump. Customs data released on Wednesday showed that China’s glo…
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Former Neiman Marcus Group chief ​​Geoffroy van Raemdonck, now CEO, is bringing on a fresh slate of executives — and has a $1.75 billion financing package to work with.
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Honda is relaunching the Acura RDX SUV as a two-motor hybrid. And it confirmed that production of the all-electric RSX will commence later this year.
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US mortgage rates slid last week to one of the lowest levels in years, sparking a flurry of purchase and refinancing activity that offers hope for a plodding housing market.
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Bank of America reported its fourth quarter 2025 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America’s Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings.
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Tesla is still the undisputed leader of the American EV market. Electric cars from Ford, Chevy, Hyundai and Rivian are also selling well.
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Quincy is a small farming town in Central Washington near the Columbia River, home to one of the world’s top french fry producers. It’s also the model for Microsoft’s nationwide data center strategy.
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Netflix is reportedly readying a revised offer -- in all cash -- to acquire Warner Bros. Discovery's streaming and studios businesses.
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An abrupt surge in oil prices could cause inflation to rise and spark volatility in markets. Brent on Tuesday jumped to the highest level since November.
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The jump in costs highlights the challenge for the White House in the lead-up to midterm elections.
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