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Business

Mortgage rates fall for fourth consecutive week, lowest level in over a year

Mortgage rates fell for the fourth consecutive week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, rel...

Business

Dodgers chairman Mark Walter becomes Lakers' majority owner as sale becomes official

After reaching a $10 billion valuation agreement over the summer, Mark Walter is officially the majority owner of the Los Angeles Lakers.Jeanie Buss s...

Business

House Democrat's 'crypto corruption' resolution calls to ban politicians' digital asset dealings

Rep. Ro Khanna, D-Calif., is pushing a resolution that would, in part, proclaim House support for legislation to prohibit the president and others fro...

Business

Treasury secretary tells Dem senators to stop sending him 'incoherent letters,' Argentina aid profiting US

Treasury Secretary Scott Bessent escalated his feud with Senate Democrats Wednesday night, blasting Sen. Elizabeth Warren, D-Mass., and Sen. Amy Klobu...

Business

Shutdown set to deliver harshest blow yet as SNAP funding for millions runs out

The federal government shutdown will deliver its harshest blow yet, threatening food aid for millions of Americans as funding for the nation’s largest...

Business

Goldman Sachs CEO calls decades of US-China trade policy a ‘mistake,’ sees progress in Trump-Xi talks

Goldman Sachs CEO David Solomon said he is optimistic about recent talks between President Donald Trump and Chinese President Xi Jinping, while warnin...

Business

GM lays off over 1,700 workers indefinitely as EV demand slows

General Motors (GM) said Wednesday it is laying off 1,750 workers indefinitely in the coming months and temporarily cutting 1,670 others as it scales...

Business

US retailers lowering prices on Hershey's candy ahead of Halloween: report

American retailers are offering more discounts on Hershey products ahead of Halloween as the candymaker raised prices because of tariffs and cocoa inf...

Business

These jobs are staying safe amid the AI boom, experts say

There is growing concern among today's workforce that they will be swiftly replaced by artificial intelligence as the technology, which has touched ne...

Business

Walmart addresses social media rumors that it will close stores when SNAP benefits lapse

Walmart is pushing back against viral social media rumors falsely claiming the retail giant plans to close stores amid looting threats tied to a possi...

Business

California billionaires face proposed one-time wealth tax

California’s wealthiest residents could face a one-time 5% tax on their net worth under a new proposal aimed at replacing billions of dollars in feder...

Business

Roblox CEO says child safety is industry-wide issue, plans tools to keep bad actors off platform

This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide & Crisis Lifeline at 988 or 1-8...