Average 30-year U.S. mortgage rates have hit 6.7%, the highest level since 2007, mortgage giant Freddie Mac reported Thursday.
Category Archives: business
Bed Bath & Beyond reports a 28% drop in sales as it presses ahead with its turnaround plan
Bed Bath & Beyond on Thursday said sales plunged by 28% in the fiscal second quarter, as the home goods retailer struggled to draw customers.
Orange juice could get even more expensive as Hurricane Ian hammers Florida's citrus crop
Hurricane Ian was set to produce significant damage to much of Florida’s citrus crop as it tore through the central-southwest part of the state, threatening to
Stocks rebound from 2022 low, Dow closes up more than 500 points
The Dow Jones Industrial Average mounted a big comeback from its 2022 low as the Bank of England said it would buy bonds to stabilize its financial markets.
Virgin Atlantic adopts gender-neutral uniform policy
Coupled with an ad campaign led by “RuPaul’s Drag Race’s” Michelle Visage, Virgin Atlantic announced that it’s scrapping its policy on gendered uniforms.
Biden warns oil industry not to raise prices as Ian sweeps into Florida
President Joe Biden on Wednesday warned oil and gas companies against increasing prices for consumers as Hurricane Ian neared landfall along Florida’s
Waffle House closes 21 Florida locations as Hurricane Ian moves in
In a sign of the severity of Hurricane Ian, Waffle House told NBC News on Wednesday it had closed 21 Florida locations that are in the path of the Category 4
Cookies might not be tracking you, but some of your favorite brands are
Target, Home Depot and others are tracking online shoppers following Apple’s privacy changes.
Elon Musk accuses SEC of unlawfully muzzling him
The whole dispute stems from an October 2018 agreement Musk signed with the SEC because of his tweets about having “funding secured” to take Tesla private.
Gas leaks in Russian pipelines to Europe trigger sabotage probe
European countries on Tuesday raced to investigate unexplained leaks in two Russian gas pipelines running under the Baltic Sea near Sweden and Denmark, infrastructure at the heart of an energy crisis since Russia’s invasion of Ukraine.