Freddie Mac: Average long-term US mortgage rate edged higher to 6.39% this week
The average long-term U.S. mortgage rate edged higher this week after a two-week drop, a modest move in line with a mostly moderate shift in home loan rates in recent weeks
2023-05-19 00:17
Check your artificial intelligence 'bossware' tools for bias, says U.S. agency head
The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers can also run afoul of discrimination laws
2023-05-18 23:59
Supreme Court sides with photographer in copyright case involving Andy Warhol, Prince
The Supreme Court has sided with a photographer who claimed the late Andy Warhol had violated her copyright on a photograph of the singer Prince
2023-05-18 23:56
Wisconsin tribe asks court to shut down oil pipeline
Attorneys for a Wisconsin Native American tribe argued Thursday that a federal judge should order an energy company to shut down an oil pipeline because rapid erosion could expose it and cause a massive oil spill on reservation land
2023-05-18 23:48
Hike again? Take a pause? Fed officials are split about what to do next to fight inflation
The stubbornness of high inflation is dividing the Federal Reserve over how to manage interest rates in the coming months, leaving the outlook for the Fed’s policies cloudier than at any time since it unleashed a streak of 10 straight rate hikes in March 2022
2023-05-18 23:29
Sam Zell, billionaire real estate investor, dies
Sam Zell, a Chicago real estate magnate who earned a multibillion-dollar fortune and a reputation as “the grave dancer” for his ability to revive moribund properties has died due to complications from a recent illness
2023-05-18 23:23
Supreme Court sidesteps challenge to internet companies’ broad protections from lawsuits
The Supreme Court has sidestepped a case against Google that might have allowed more lawsuits against social media companies
2023-05-18 23:22
Looking for a house? High mortgages, few homes lead to biggest annual sales drop in 11 years
Sales of previously occupied U.S. homes fell again last month and the national median sale price posted its biggest annual drop in 11 years
2023-05-18 23:20
Supreme Court Leaves Intact Social Media Liability Shield in Win for Google, Twitter
The US Supreme Court left in place a broad liability shield for social media companies for content posted
2023-05-18 22:51
RSV vaccine for pregnant women protects their newborns but is it ready for US sale?
Federal health advisers are debating a first-of-its-kind RSV vaccine to protect newborns by immunizing their moms late in pregnancy
2023-05-18 22:27
Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go public
Chinese e-commerce company Alibaba Group Holding on Thursday said that it plans to spin-off of its cloud computing unit and that its logistics and grocery units would begin exploring initial public offerings, as the e-commerce firm kickstarts a restructuring process of its businesses aimed at spurring growth
2023-05-18 22:19
Alibaba Breakup Begins With Spinoff of $12 Billion Cloud Arm
Alibaba Group Holding Ltd. will explore initial public offerings for its logistics and grocery arms while hiving off
2023-05-18 21:57