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Mortgage rates plunge to the lowest level in more than a year after weak employment report
The recent high on the 30-year fixed mortgage was 7.52% in late April, and home sales have been falling ever since.
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Intel has worst day on Wall Street in 50 years, falls to lowest price in over a decade
Intel shares cratered on Friday, dragging down Asian stocks including Samsung and TSMC as well as other chipmakers.
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Google pulls AI ad for Olympics following backlash
Google was criticized for using artificial intelligence to write a fan letter to an Olympic athlete.
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Tech stocks see steepest three-week slump in two years, led by plunge in Amazon and Intel
With quarterly earnings largely in the rearview mirror, Wall Street is troubled by what it’s seeing out of Silicon Valley.
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Big Tech groups say their $100bn AI spending spree is just beginning
Tech stocks have been volatile as Microsoft, Meta, Amazon and Google report huge increases in AI investments
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Ken Griffin pledges $12 million to defeat recreational pot legalization in Florida
The founder of Citadel and Citadel Securities, who relocated from Chicago to Miami in 2022, has been wielding his $42 billion fortune to influence Florida’s political landscape and to fund philanthropic causes.
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UAW chief slams Donald Trump’s labor record
Kamala Harris can boost the Democrats’ chances of winning swing-state Michigan.
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Former CEO gets prison after plotting a $40 million payday
Jacksonville’s city council auditor in 2019 uncovered a hidden incentive plan created by the exec.
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Uber’s legal chief takes leave to support sister-in-law Kamala Harris’ presidential campaign
“While I love my job, my team, and the positive impact Uber has on the world, I have always believed family comes first,” Tony West wrote.