News
US mortgage rate falls for fifth consecutive week
The average 30-year fixed-rate U.S. mortgage fell to 7.22% during the week ending Nov. 30, revealed data released Thursday by...
GM slashes spending on Cruise robotaxi service
On Wednesday, General Motors announced it would be cutting its spending on Cruise, the company’s controversial robotaxi service. “We expect...
GM’s deal with UAW set to cost company $9.3 billion
According to U.S. automaking giant General Motors, the company’s new labor deal with the United Auto Workers and Canada’s Unifor...
Rite Aid to shutter another 30 locations
Troubled U.S. pharmacy chain Rite Aid is set to close approximately 30 locations across the coming months, the company revealed...
US economy grows by 5.2% in Q3
The U.S. economy grew by 5.2% during the third financial quarter, the U.S. Department of Commerce said in its adjusted...
TikTok parent company ByteDance announces end of gaming division
On Monday, social media app TikTok’s parent company ByteDance announced it would be axing its proprietary gaming division, Nuverse. The...
US home prices reach new record high
Data from the S&P CoreLogic Case-Shiller US National Home Price Index released Tuesday revealed that the average price of a...
US gas prices decline for two consecutive months
According to the American Automobile Association, gas prices in the United States have decreased nationwide across the course of the...
Shein files to go public with SEC
Chinese fast fashion giant Shein officially filed for an initial public offering in the United States on Monday as the...
US mortgage applications reach six-week high
With U.S. interest rates on the way down, potential American homebuyers are reportedly applying for mortgages with increased demand. Data...
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