Mortgage rates see biggest one-day drop in over a year
The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of...
China outlines more controls on exports of rare earths and technology
HONG KONG — China outlined new curbs on exports of rare earths and related technologies on Thursday, extending controls over use of the elements...
Target is eliminating 1,800 corporate jobs as it looks to reclaim...
Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild the flagging...
CFTC chief sides with prediction markets over state regulators in a...
The Commodity Futures Trading Commission (CFTC) is stepping in to stop what it calls an “onslaught” of state-level regulation of prediction markets.
CFTC Chairman Michael...
Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its...
Jerry Greenfield, co-founder of the Ben & Jerry’s ice cream brand, has stepped down from the company he started 47 years ago citing a...
October monthly job cuts surged to a 22-year high
U.S.-based companies announced more than 153,000 job cuts in October, the research firm Challenger, Gray & Christmas reported Thursday.
“This is the highest total for...
Giorgio Armani group names longtime executive Giuseppe Marsocci as CEO
MILAN — Giorgio Armani has appointed deputy managing director Giuseppe Marsocci as chief executive with immediate effect, the Italian fashion house said on Thursday,...
Warner Bros. Discovery rejects Paramount’s amended takeover offer
Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of the...
A global jet fuel shortage is raising the cost of air...
American flyers still smarting from interminable airport security lines are about to get another shock.
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The charm of watching movies in theaters is fading
WASHINGTON — Americans are more likely to watch newly released movies from the comfort of their own homes instead of heading out to a...

















