Mortgage interest rates dropped last week to the lowest level since May 2023, causing a surge in mortgage demand from both homebuyers and especially current homeowners. Total mortgage application volume rose 6.9% last week compared with the previous week, according ...
Microsoft fires back at Delta after massive outage, says airline declined ‘repeated’ offers for help
Microsoft fired back at Delta Air Lines on Tuesday accusing the carrier of not modernizing its technology before it canceled thousands of flights in the wake of last month’s global massive IT outage. Delta CEO Ed Bastian told CNBC last week that the carrier has “no ...
In the market’s eyes, the Federal Reserve finds itself either poised to head off a recession or doomed to repeat the mistakes of its recent past — when it was too late seeing a coming storm. How Chair Jerome Powell and his ...
In ruling Monday that Google has held a monopoly in internet search, U.S. judge Amit Mehta invoked the company at the center of the most famous tech antitrust case in U.S. history: Microsoft. A federal judge determined in 1999 that Microsoft had illegally used the ...
As a long-term stock trader, one development in the stock market takes me and many others to our collective knees. It’s a Volatility Index ($VIX) that rises past 20. There has never been a bear market that’s unfolded with a ...
Just Another Manic Monday? On Monday, the Nasdaq plunged over 3%. With the S&P 500 dropping a similar amount and the Dow plummeting over 1,000 points (a 2.6% drop), it was the biggest one-day drop since September 2022. Still, Japan’s ...
Voters in Missouri’s 1st Congressional District will head to the polls Tuesday as Rep. Cori Bush fights to hold on to her seat in the Democratic primary against St. Louis County prosecutor Wesley Bell, who is backed by a powerful ...
Milwaukee County prosecutors charged four people with murder Tuesday after they beat and restrained a man outside a hotel in June. D’Vontaye Mitchell, 43, died June 30 after four Hyatt Regency Milwaukee employees dragged him from the hotel and pinned ...
Vice President Harris on Sunday took the final step of her running-mate selection process, interviewing the three men who had survived her team’s vetting process — Gov. Tim Walz of Minnesota, Gov. Josh Shapiro of Pennsylvania and Sen. Mark Kelly ...
A Virginia man was arrested Monday and charged with making threats against Vice President Harris, the Justice Department announced in a news release. Frank Carillo, 66, of Winchester, Va., wrote thousands of posts and replies over the past year on ...