Business

The average rate on the 30-year fixed mortgage jumped back over 7% on Thursday, rising to 7.1%, according to Mortgage News Daily. Growing fears that inflation is not cooling off are pushing bond yields higher. Mortgage rates loosely follow the yield on the U.S. 10-year Treasury. “Rates continue to move at the suggestion of economic

People wait in line to enter Macy’s department store during Black Friday in New York City on November 25, 2022. Yuki Iwamura | AFP | Getty Images Macy’s shares jumped Thursday, as the company said it drew holiday shoppers looking for gifts and held the line on promotions. But the department store operator, which includes

In this article NSC Follow your favorite stocksCREATE FREE ACCOUNT Pete Buttigieg, US transportation secretary, speaks during a news conference near the site of the Norfolk Southern train derailment in East Palestine, Ohio, US, on Thursday, Feb. 23, 2023. Matthew Hatcher | Bloomberg | Getty Images The presidents of U.S. railroad unions told Biden administration

In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT Delta Airlines pilots picket for a new contract at Terminal 4 in JFK International Airport on September 01, 2022 in New York City. Michael M. Santiago | Getty Images News | Getty Images Delta Air Lines pilots on Wednesday approved a new contract that includes

Oddity Il Makiage Coutesy: Oddity Oddity — the direct-to-consumer beauty and wellness platform known for its ubiquitous Il Makiage social media ads — is making money and growing in an environment that’s increasingly risky for purely digital retailers.  The Tel Aviv-founded company looks like it could even be preparing for an initial public offering, despite

In this article GM F Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT – General Motors is cutting hundreds of salaried positions as it follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits. The cuts affect about 500

In this article STLAM-IT F GM Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – As the United Auto Workers prepares for what are expected to be highly contentious negotiations with the Detroit

In this article MCD DNUT Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, a Krispy Kreme glazed doughnut is shown on May 12, 2022 in Daly City, California.  Justin Sullivan | Getty Images McDonald’s will sell Krispy Kreme doughnuts at approximately 160 Kentucky locations starting next month, for a limited time. It’s an

In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT Members of Rise and Resist participate in their weekly “Truth Tuesday” protest at News Corp headquarters on February 21, 2023 in New York City. Michael M. Santiago | Getty Images News | Getty Images Fox Corp. Chairman Rupert Murdoch said some anchors of the company’s

In this article FSR FSR Follow your favorite stocksCREATE FREE ACCOUNT Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Electric

Nancy Dubuc, chief executive officer of Vice Media Christopher Goodney | Bloomberg | Getty Images Nancy Dubuc notified Vice Media staffers on Friday that she’s stepping down from her post as CEO after five years at the company. It was not immediately clear who would replace her. “Today Vice has an incredible opportunity in the

A worker, who said he came to pick up some equipment, walks toward security guards at the entrance to the Bonanza Creek Ranch film set in Santa Fe, N.M., Monday, Oct. 25, 2021. Jae C. Hong | AP Producers of the “Rust” film starring Alec Baldwin announced Friday they will pay a reduced penalty of

Michael B. Jordan stars in “Creed III.” Warner Bros. LOS ANGELES — It’s an underdog story for the 21st century. The Creed series is a Hollywood miracle in many ways. It’s a lucrative spinoff of the beloved, decades-old Rocky series, but it has its own modern style and sensibility. And, while paying homage to the

In this article RKLB LMT BA Follow your favorite stocksCREATE FREE ACCOUNT The headquarters of Space Systems Command in Los Angeles, California. U.S. Space Force / Jose Lou Hernandez The U.S. military is preparing to buy another round of rocket launches from companies next year, and Space Force leadership says they’re taking a new “mutual

Commuters arrive into the Oculus station and mall in Manhattan on November 17, 2022 in New York City. Spencer Platt | Getty Images Many restaurants and hotels in city downtowns are seeing sales come back to pre-pandemic levels — but only on Tuesdays, Wednesdays and Thursdays. In cities such as New York, Los Angeles and

In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT Girl watching a comedy movie at the cinema with her friend. Rgstudio | E+ | Getty Images LOS ANGELES — The movies are still big. It’s the multiplexes that are getting smaller. Since 2019, the number of total screens in the U.S. have decreased by

In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT People test drive Dream Edition P and Dream Edition R electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Luxury electric vehicle maker Lucid appears to have a demand problem. The company said during its fourth-quarter

In this article WBD PARA Follow your favorite stocksCREATE FREE ACCOUNT Stan Marsh, Kyle Broflovski, Eric Cartman and Kenny McCormick attend The Paley Center for Media presents special retrospective event honoring 20 seasons of ‘South Park’ at The Paley Center for Media on September 1, 2016 in Beverly Hills, California. Tibrina Hobson | Getty Images

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan.

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT The exterior of a 787 Dreamliner at the Boeing manufacturing facility in North Charleston, on December 13, 2022.  Logan Cyrus | AFP | Getty Images Boeing has temporarily halted deliveries of its 787 Dreamliners so it can do additional analysis on a fuselage component, the