A home is offered for sale on March 22, 2024 in Chicago, Illinois. Scott Olson | Getty Images Mortgage rates last week dropped to the lowest level since April, but buyers are still struggling to afford today’s housing market. As a result, mortgage demand flattened at a weak pace. Total mortgage application volume inched up
Three young people are dead and another three injured after a Tesla going 100 mph went airborne and tore through a power pole and building in a horrific crash in southern California. Surveillance video captured the moment the vehicle ran a red light in Pasadena’s Foothill Boulevard Saturday morning before the driver of the 2013
Ken Griffin lashed out at President Biden over his incoherent economic policies though he said he is waiting to see who Donald Trump picks as his running mate before deciding whether to financially back the presumptive Republican nominee. Griffin, the founder and CEO of $63 billion hedge fund Citadel, criticized the Biden administrations decision to
Yacht-see! Meta boss Mark Zuckerberg reportedly flew to Panama to celebrate his 40th birthday — where the billionaire’s alleged brand-new $300 million superyacht was docked. Zuckerberg, who has been linked to the 387-foot-long vessel called Launchpad for months but has never publicly confirmed whether he is the owner, traveled to the Central American nation on
Google I/O 2024 — Google is reimagining search in the Gemini era with AI Overviews What’s the best pilates studio within walking distance that has new member Kevin Purdy – May 14, 2024 6:33 pm UTC Enlarge / “Google will do the Googling for you,” says firm’s search chief.Google reader comments 17 Search is still
Loading… Loading… Open-deck transportation marketplace EXO Freight closed its Chattanooga, Tennessee, office Tuesday, laying off 19 employees, including a few from its spot brokerage team in Royal Oak, Michigan, who were mainly operations-focused, co-founder and CEO Kurtis Tryber told FreightWaves. Tryber said it was an intentional move by the company to pivot from covering unprofitable
breath of fresh air — M2 iPad Air review: The everything iPad M2 Air won’t draw new buyers in, but if you like iPads, these do all you need. Andrew Cunningham – May 13, 2024 9:00 pm UTC reader comments 41 The new 13-inch iPad Air with the Apple M2 processor inside. Andrew Cunningham In
The Turnpike Authority of Kentucky approved the sale of $128 million of revenue bonds, with the proceeds to be used to refund the authority’s Series 2010B Build America Bonds. TAK Treasurer Steve Starkweather said he expects the authority to price the bonds June 6 with an all-in true interest cost of 3.216%. They are to
Tetra Images | Tetra Images | Getty Images Consumers are putting down more money to buy a home — but the typical down payment is still much less than you might expect. The average down payment was 13.6% in the first quarter of 2024, according to a new report by Realtor.com. The median down payment
Municipals were little changed in secondary trading Tuesday as a large new-issue calendar took focus in the primary, led by a $1.5 billion retail order from the New York City Transitional Finance Authority. U.S. Treasuries were firmer across the curve and equities were up near the close. The two-year muni-to-Treasury ratio Tuesday was at 64%,
Standard Digital Weekend Print + Standard Digital wasnow 69 € per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+
Goldman Sachs CEO David Solomon said that US policymakers need to put greater “focus” on the nation’s ballooning debt and deficit — warning that the federal government’s “ability to spend without constraint is not unlimited.” “I think the level of debt in the United States [and] the level of spending is something that we need
Tesla has settled a lawsuit by a former factory employee who says she was fired for complaining about severe sexual harassment, as the electric carmaker faces a series of sex and race discrimination lawsuits. US District Judge William Orrick in San Francisco dismissed Tyonna Turner’s 2023 lawsuit on Monday, one day after she and Tesla informed the
The nation’s largest fitness company “indefinitely” suspended its allegedly menacing CEO amid a growing number of federal investigations into possible fraud, according to multiple reports. Xponential Fitness which has more than 3,000 boutique studios under brands such as PureBarre, Rumble and CycleBar — is under federal scrutiny over allegations that the company misled both franchisees
ChatGPT maker OpenAI said Monday it would release a new AI model called GPT-4o, capable of realistic voice conversation and able to interact across text and vision, its latest move to stay ahead in a race to dominate the emerging technology. The new audio capabilities enable users to speak to ChatGPT and obtain real-time responses
Loading… Loading… In a surprising turn of events, venture capital firm General Catalyst, an early investor of companies like Snap Inc., Stripe and Mistral, is on the brink of raising nearly $6 billion for tech start-up investments, despite the current fundraising drought in the sector. What Happened: General Catalyst could finalize its latest fund as
Overkill — M4 iPad Pro review: Well, now youre just showing off This tablet offers much more than youll actually need. Samuel Axon – May 13, 2024 9:00 pm UTC Enlarge / The 2024, M4-equipped 13-inch iPad Pro.Samuel Axon reader comments 184 The new iPad Pro is a technical marvel, with one of the best
Loading… Loading… The Financial Transaction Services industry is likely to be aided by the widespread adoption of digital means. To capitalize on the trend, the industry players remain equipped with efficient digital solutions suite built on collaborations and technology investments. Consumer spending habits remain favorable, which may boost transaction volumes. An uptick in cross-border volumes
TikToks aggressive push to prevent Congress from forcing a sale or ban of the China-owned app was an epic disaster and insiders are blaming the company’s slick, seasoned lobbyist in Washington who they claim miscalculated with outdated, tone-deaf tactics. As the bipartisan bill moved toward passage late last month as part of a Ukraine-Israel aid
Loading… Loading… Benzinga spoke with Mehrak Hamzeh, the chief technology officer of AppTech Payments Corp APCX , about the future of fintech. "Fraud prevention and AI are essential," Hamzeh says. "We can monitor behaviors, detect unusual activities like keystrokes or device orientation, flag anomalies, and raise alerts for fraudulent activities." Here's an edited transcript of
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