Despite a slight dip in average interest rates for 30-year fixed-rate mortgages, weekly mortgage demand remains stagnant, with fewer applicants seeking loans for refinancing or home purchases.
Archives
Disney CEO Bob Iger Prevails: Shareholders Overwhelmingly Elect Director Nominees, Thwarting Nelson Peltz's Board Takeover Bid
Walt Disney Co. triumphs as shareholders reject Nelson Peltz's bid for board seats, affirming confidence in CEO Bob Iger's leadership at the annual meeting.
China's Lucrative Livestream Shopping Industry: Influencer Shocks with $13M Tax Bill
China's influencer industry is spotlighted as 'Little Fairy' discloses a $13M tax bill, highlighting immense profitability. Pan Yurun's $28M income reflects the sector's growth amidst crackdowns.
Female Leadership in Corporate America Hits 'Alarming Turning Point,' Says S&P
S&P Global Market Intelligence reports a decline in women's representation in corporate America's senior-level positions, notably in the C-suite, with women holding only 11.8% of such roles in 2023.
AI Companies Face Data Shortage After Using Up All Available Internet Resources for Model Training
AI companies face a data shortage crisis after exhausting internet resources to train their large language models, prompting them to explore alternative data sources like video transcripts and synthetic data.
Latest News
Advanced technology and improved buildings in Taiwan reportedly reduced the impact of the April 3 earthquake, considered the most severe in 25 years.
HSBC is reportedly considering selling various business units in Germany. HSBC is reportedly considering selling various business units in Germany, particularly those dealing with wealth management, custody, and fund administration.
After seven workers from the World Central Kitchen died in an Israeli airstrike on Tuesday, many humanitarian relief groups ceased their activities in Gaza.
Nexus Services, a firm providing services for immigrants in federal detention, was ordered to pay over $811 million in restitution and penalties in a lawsuit that claimed it engaged in abusive and deceptive practices.
A pink Pucci dress once worn by late Hollywood icon Marilyn Monroe was sold for a whopping $325,000 at Julien's Auctions event.
President Joe Biden and China's President Xi Jinping clashed in a telephone call on Tuesday about US restrictions on high-technology exports.
Following Taiwan's most powerful earthquake in 25 years, some of TSMC's evacuated employees have returned to work.
China has surpassed the United States as the most preferred ally of Southeast Asia, according to the study.
Amazon is now ditching its self-check out tech, Just Walk Out, due to privacy risks. Here's what shoppers need to know.
