A “For Sale” sign outside a home for sale in Crockett, California, US, on Wednesday, June 17, 2026. David Paul Morris | Bloomberg | Getty Images After five weeks of gains, mortgage rates fell very slightly last week. That was enough to bring a bit of demand back to the market. Total mortgage application volume…
Michael Intrator, co-founder and CEO of CoreWeave, speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb. 27, 2026. Brendan McDermid | Reuters AI cloud giant CoreWeave was up in premarket trading on Wednesday after reporting that its second-quarter revenue doubled, driven by…
U.S. Treasury yields were little changed on Wednesday morning as Wall Street awaits key inflation data due later in the session. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was largely flat at 4.682%. The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve…
Supporters of transgender youth demonstrate outside Children’s Hospital Los Angeles (CHLA) on February 6, 2025 in the wake of US President Donald Trump’s executive order threatening to pull federal funding from healthcare providers who offer gender-affirming care to children. Robyn Beck | Afp | Getty Images The Trump administration on Tuesday said it is implementing…
Nicolai Tangen, CEO of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Jan. 29, 2025. Naina Helén Jåma | Bloomberg | Getty Images Norway’s $2.3 trillion sovereign wealth fund reported a record half-year profit of more than $182 billion on Wednesday, as a rally in Asian technology stocks helped the fund…
Gemini AI signage during the Google I/O Developers Conference in Mountain View, California, US, on Tuesday, May 19, 2026. David Paul Morris | Bloomberg | Getty Images DeepMind’s new boss is set to face intense pressure to close the AI performance gap with OpenAI and Anthropic. OpenAI and Anthropic have released new systems in recent…
The US Coast Guard seized advanced weapons and lethal aid from Iran, destined for Houthi-controlled areas of Yemen in the Red Sea on Jan. 28, the US Central Command (CENTCOM) said Thursday, on February 15, 2024 in Tampa, Florida, United States. The boarding team discovered over 200 packages that contained medium-range ballistic missile components, explosives,…
The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies after Prime Minister Takaichi’s election win. Yevgen Romanenko | Moment | Getty Images The Japanese yen has erased about half the gains from a historic U.S.-Japan intervention less than two weeks ago, as the fundamental forces that…
Hirun | Istock | Getty Images A string of recent AI hacking incidents has pushed cybersecurity to the forefront of the conversation, as labs race to develop agentic AI from their frontier models. Last week, OpenAI and Anthropic said models broke out of their testing environments and hacked into other companies. Following that, Meta announced…
Exterior view of the Tesla Gigafactory during a government-organised media trip in Shanghai, China, April 14, 2026. Go Nakamura | Reuters BEIJING — Survivors have emerged in China’s fiercely competitive car market, which is increasingly dominated by electric-powered vehicles. Here are brands that have emerged as Chinese consumers’ favorite, according to industry data from Autohome:…
