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Average long-term US mortgage rate rises for again, reaching highest level more than five months

1 day ago

LOS ANGELES (AP) — The average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing up borrowing costs for prospective homebuyers in what's typically the

Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping down

1 day ago

Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on turning around its busines

Czech central bank cuts a key interest rate again with inflation down and the economy on the mend

1 day ago

PRAGUE (AP) — The Czech Republic’s central bank on Thursday cut its key interest rate for the fourth straight time as inflation dropped and the economy showed signs of recovery.The cut by a half-perce

Number of Americans applying for jobless claims remains historically low

1 day ago

The number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and

Artists from Universal Music Group are heading back to TikTok as new licensing deal reached

1 day ago

Artists from Universal Music Group, which include Drake, Adele, Bad Bunny and Billie Eilish, will be returning to TikTok as the two parties have struck a new licensing agreement following an approxima

Stock market today: Asian shares advance ahead of US jobs report

1 day ago

Asian shares were mostly higher Friday ahead of a report on the U.S. jobs market, while several major markets including Tokyo and Shanghai were closed for holidays. Oil prices and U.S. futures were hi

For ex-Derby winner Silver Charm, it's a life of leisure and Old Friends at Kentucky retirement farm

1 day ago

GEORGETOWN, Ky. (AP) — Michael Blowen can step outside his house any day of the week and visit retired racehorses at Old Friends, the thoroughbred retirement farm he founded in Kentucky two decades ag

Consumer groups push Congress to uphold automatic refunds for airline passengers

1 day ago

Consumer groups are pushing Congress to uphold automatic refunds for airline passengers whose flights are canceled or delayed for several hours.Just last week, the Transportation Department announced

DoorDash posts better-than-expected Q1 sales but shares fall on cost concerns

1 day ago

DoorDash reported higher-than-expected revenue in the first quarter as strong growth in U.S. grocery orders helped make up for slowing restaurant demand.But the company's shares fell more than 15% in

Want to spend the night in a Paris museum or a house owned by Prince? Airbnb plans to list them

1 day ago

In a mad mix of game-show glitter and marketing flash, Airbnb is offering customers a chance to spend a night in a Paris museum, stay in houses mocked up to look like movie settings, or sleep surround

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