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Finance
U.S. mortgage rates ‘remain anchored north’ of 7%, Freddie Mac says
A strong U.S. economy is keeping mortgage rates over 7%. The 30-year fixed-rate mortgage averaged 7.18% as of September 14, according to data released by…
JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal
Co-founders Eddie Kim, Josh Reeves, and Tomer London of fintech startup Gusto, which handles payroll services for small businesses.Courtesy: Kelly Boynton | GustoJPMorgan Chase is…
Meet the brave Americans buying and selling their homes, despite stubbornly high interest rates
Elsa Ortega is expecting a child at the end of October and closed on a home in El Paso, Texas during the summer. When Ortega and her husband wanted to sell their three-bedroom…
Hunter Biden indicted on firearms charges
Hunter Biden, son of President Joe Biden, was indicted Thursday on three criminal counts related to his possession of a firearm, a court filing showed.The charges in U.S. District…
How one tech giant could have up to 60% upside from here, according to Morgan Stanley
Amazon still has room to run as it drives profit back to pre-pandemic levels, according to Morgan Stanley. Analyst Brian Nowak rated Amazon a "top pick" and maintained his…
California is poised to ban caste discrimination. Not everyone is happy about it.
When Prem Pariyar first came to the U.S. from Nepal in 2015, he got a job at an Indian restaurant in California and was assigned a room to live in by the restaurant’s owner. But…
Watch live: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is due to give a press conference following the bank's latest monetary policy decision.The Bank hiked interest rates to a record…
Hoping to win Powerball? This woman hit a $112 million lottery jackpot.
With the Powerball jackpot now climbing to $596 million — there was no big winner in Wednesday night’s drawing — many may think about buying a ticket and…
Stocks making the biggest moves premarket: AMC, Etsy, First Solar and more
An AMC Theatre on March 29, 2023 in New York City. AMC Entertainment shares jumped as much as 13%, following a report that Amazon was looking to buy the theater chain. Leonardo…
Goldman Sachs is in the spotlight as tech firms Arm and Instacart test IPO market
David Solomon, Goldman Sachs interview with David Faber, September 7, 2023.CNBCThe return of large tech IPOs this week after a prolonged drought isn't just a test of investors'…