The average rate for a 30-year mortgage in the U.S. declined for the third consecutive week, providing some relief for potential homebuyers during what is typically a quieter period for the housing market. Mortgage buyer Freddie Mac reported Thursday that the rate dipped to 6.6%, down from 6.

The Supreme Court announced Wednesday that it will review a legal challenge to a new law that could result in a U.S. ban on TikTok, setting the stage for a significant legal battle over access to the widely popular app, which is used by tens of millions of Americans.

The Environmental Protection Agency (EPA) approved two California requests on Wednesday to implement stringent vehicle emissions rules, including a landmark policy aiming to ban the sale of new gasoline-powered cars by 2035. However, the incoming Trump administration is expected to challenge this decision. California’s regulation goes beyond a federal

The percentage of Black students in Harvard Law School’s J.D. Class of 2027 dropped by over four percentage points compared to the previous year, according to enrollment data released by the school on Monday. This marks the first class admitted after the Supreme Court’s ruling against race-based

Chain restaurant bankruptcies are reportedly at their highest level since the pandemic, with several well-known brands struggling to stay afloat. One of the latest casualties is TGI Friday’s, a casual dining chain, which joins over a dozen high-profile restaurants that filed for bankruptcy protection between January and October of

The U.S. Federal Trade Commission (FTC) approved a rule on Tuesday requiring ticket sellers, hotels, and vacation rental platforms to disclose total prices upfront, including all fees, and banning them from hiding add-on charges until the final stages of checkout. The rule is one of the final steps in

Elon Musk and Vivek Ramaswamy—two billionaire entrepreneurs and newly appointed Trump administration advisors—are making lofty promises. This week, the pair informed Congress that through their advisory board, the Department of Government Efficiency (DOGE), they intend to cut $2 trillion in “government waste.” The catch? The proposed savings rely

Elon Musk and Vivek Ramaswamy—two billionaire entrepreneurs and newly appointed Trump administration advisors—are making lofty promises. This week, the pair informed Congress that through their advisory board, the Department of Government Efficiency (DOGE), they intend to cut $2 trillion in “government waste.” The catch? The proposed savings rely

Starbucks Workers United announced Tuesday that 98% of unionized baristas voted to authorize a strike as they push for a contract with the coffee chain. Union bargaining representatives are set to resume negotiations with Starbucks on Tuesday in the final scheduled session of the year, aiming to establish a “foundational

Japanese auto giants Honda Motor and Nissan Motor are set to begin merger negotiations as they face mounting competition from larger global electric vehicle (EV) makers, Nikkei reported on Tuesday. The two companies have strengthened ties in recent months as they navigate a rapidly evolving EV market. Pressure has intensified

Not even Elon Musk knows the full details of the U.S. spy satellites his company’s rockets send into orbit. According to The Wall Street Journal, SpaceX executives decided Musk, the company’s founder and CEO, shouldn’t pursue the highest-level security clearance. Lawyers reportedly warned that his alleged

Sen. Elizabeth Warren (D-Mass.) is raising concerns about potential conflicts of interest stemming from Elon Musk’s role as a key adviser in the incoming Trump administration. She is pressing President-elect Trump to clarify what ethics standards will apply to Musk and whether Musk has adhered to the transition team’

German Chancellor Olaf Scholz called a confidence vote in the German Parliament on Monday, which he lost by a vote of 394-207, with 116 abstentions. The result effectively ends the unpopular government Scholz has led since 2021. The loss paves the way for new federal elections, now set to take

State officials are working to reassure New York City’s business leaders following the assassination of UnitedHealthcare CEO Brian Thompson, an event that has deeply unsettled the corporate world. Governor Kathy Hochul is organizing a virtual meeting on Tuesday with state law enforcement agencies and approximately 175 corporate representatives to

Germany will require hundreds of thousands of immigrants annually to offset the economic challenges posed by an aging population, according to a new study that adds fuel to the ongoing debate over migration. A report by the Bertelsmann Stiftung, released Tuesday, estimates that Germany will need a net influx of

OpenAI CEO Sam Altman, currently embroiled in a legal battle with rival Elon Musk, expressed confidence Wednesday that Musk would not abuse his influence in the incoming Trump administration. Speaking at a New York Times conference, Altman acknowledged the potential risks but said, “I’m not that worried.” He added,

A surprising 41% of multitaskers report working two jobs simultaneously, whether part-time or full-time. Despite concerns about focus and productivity, half of employers lack policies addressing this trend, raising important questions about work-life boundaries and the evolving nature of hustle culture. Without clear guidelines, the line between personal time and

Elon Musk, whose wealth has surged following President-elect Donald Trump’s victory last month, has become the first individual to reach a net worth of $400 billion, marking another significant milestone for the world’s richest person. The latest boost to Musk’s fortune came from an insider share sale

U.S. President-elect Donald Trump, alongside SoftBank Group CEO Masayoshi Son, announced on Monday that the Tokyo-based company plans to invest $100 billion in the United States over the next four years. Both Trump and Son hailed the move as a significant boost to the U.S. economy. Speaking at

Incoming U.S. President Donald Trump’s transition team has proposed sweeping changes to cut federal support for electric vehicles (EVs) and charging infrastructure, while implementing stricter measures to block imports of cars, components, and battery materials from China, according to a document obtained by Reuters. The recommendations, which have

Incoming U.S. President Donald Trump’s transition team has proposed sweeping changes to cut federal support for electric vehicles (EVs) and charging infrastructure, while implementing stricter measures to block imports of cars, components, and battery materials from China, according to a document obtained by Reuters. The recommendations, which have

Ripple's new stablecoin will be available for trading starting Tuesday, following approval earlier this month by the New York State Department of Financial Services, the company announced. The stablecoin, called Ripple USD (RLUSD), is pegged to the U.S. dollar and will be issued on both the Ethereum

Incoming U.S. President Donald Trump’s transition team has proposed sweeping changes to cut federal support for electric vehicles (EVs) and charging infrastructure, while implementing stricter measures to block imports of cars, components, and battery materials from China, according to a document obtained by Reuters. The recommendations, which have

President-elect Trump said Monday that he would consider granting a presidential pardon to New York City Mayor Eric Adams (D), who was indicted in September on criminal charges related to a federal corruption investigation. “Yeah, I would,” Trump responded when asked if he would consider pardoning Adams. “I think that

A former OpenAI researcher and whistleblower, Suchir Balaji, 26, was found dead by suicide in his San Francisco apartment on Nov. 26, according to authorities. Police discovered his body during a wellness check, as reported by The Mercury News. The medical examiner ruled out foul play and confirmed the death