After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact on what had been several weeks of strengthening mortgage demand. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.05% from…
Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to…
Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s…
Nearly six months since McDonald’s opened its first CosMc’s location, the hours-long drive-thru lines have died down, but the chain is…
The business world is increasingly banking on artificial intelligence to be the next big thing, and has found itself…
Nissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because they carry recalled Takata-made airbags.…
U.S. consumers and businesses alike have turned cautious about spending this year because of elevated inflation and interest rates,…
The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global…
Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid…