Average long-term US mortgage rate churns upward to its highest level in nearly 3 years at 7.28%
The average long-term U.S. mortgage rate jumped this week to its highest level in nearly three years.
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Brightline reaches restructuring deal that will give it $490M in new capital, help lower debt
Brightline has struck a restructuring agreement that will infuse the private high-speed passenger train service with $490 million in new capital while also lowering its debt.
Warren Buffett steps down as Berkshire Hathaway chairman, a post he has held since 1970
Warren Buffett is stepping down as chairman of Berkshire Hathaway after serving in the role for more than 50 years.
Nvidia to spend $13 billion on Hugging Face, which will remain an open source platform
Chipmaker Nvidia is buying artificial intelligence software platform Hugging Face for $12.93 billion.
Taylor Farms recalls jalapeno products over salmonella concerns
Taylor Fresh Foods, parent company of Taylor Farms, is voluntarily recalling some products that include jalapenos because of worries about a possible salmonella contamination.
McDonald’s posts strong second quarter profit, names new leader for US market
McDonald’s posted a strong profit in its second quarter and named a new head of the U.S. market with sales at home under pressure as many Americans grow more cautious...
Mariano’s owner Kroger buying regional grocer and pharmacy retailer Giant Eagle in deal valued at $1.65 billion
Mariano's owner Kroger is buying regional grocer and pharmacy retailer Giant Eagle in a deal valued at $1.65 billion.
Comcast plans to split into two public companies by spinning off NBCUniversal and Sky
Comcast is planning to split itself into two publicly traded companies, one focused on media that would include NBCUniversal and Sky and the other focused on broadband and wireless services.
US gas prices dip below $4 a gallon for first time since March but remain 25% higher than last year
U.S. gas prices have fallen to just below $4 a gallon on average, bringing some relief to drivers who have seen soaring costs amid the war with Iran.
Pizza Hut, overtaken by the arrival of delivery culture, will be sold for $2.7 billion
Pizza Hut, the 68-year-old chain that has long struggled with growing competition and outdated restaurants, will be sold for $2.7 billion by parent company Yum Brands.