The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%, the highest level since mid-November of last year. Rates hit their highest level in a few decades last October, causing…
Companies often see their stock price jump after announcing job cuts, as Wall Street rallies around the prospects for…
In-N-Out isn’t your typical burger joint, and it insists expanding its footprint won’t change that. For nearly eight decades,…
Tesla said Wednesday it will ask shareholders to reinstate CEO Elon Musk’s $56 billion pay package, which a Delaware judge…
The Federal Aviation Administration lifted a ground stop for all Alaska Airlines flights Wednesday after grounding the planes earlier…
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to…
Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon…
Amazon.com’s Amazon Web Services, the world’s largest cloud-service provider, owes tech company Kove $525 million for violating its patent rights…
Shares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of…
