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Recent Articles from Associated Press
US 30-year mortgage rate dips to 6.5% amid housing slump
The average 30-year mortgage rate fell to 6.5%, down from 6.56% last week. Lower rates may boost buyer power but housing sales remain weak.
Trump-backed bitcoin company begins trading on Nasdaq
American Bitcoin, backed by Donald Trump Jr. and Eric Trump, debuts on Nasdaq after a merger, marking a milestone for crypto in U.S. markets.
US job openings slip in July, adding to evidence that the American labor market is cooling
Job openings slipped to 7.2M in July, down from 7.4M in June, signaling a cooling labor market as layoffs rose and quits held steady.
Families of Boeing crash victims to make potential final plea for criminal prosecution
Families of 737 Max crash victims push for prosecution as a Texas court reviews Boeing’s felony conspiracy charge tied to deadly crashes.
Wall Street steadies itself as Alphabet pulls tech stocks higher
Alphabet jumps 7% after antitrust ruling, helping lift Wall Street. Tech gains steady the market as bond yields ease and Macy’s surges.
Mystery surrounds $1.2 billion Army contract to build huge detention tent camp in Texas desert
Trump’s administration grants a $1.2B contract to a small Virginia firm to build the nation’s largest immigration detention camp at Fort Bliss.
Activist investor takes a $4 billion stake in PepsiCo, seeing a path to revive sales
Elliott Investment Management disclosed a $4B stake in PepsiCo, urging changes to revive growth and profitability in its core U.S. business.
Wall Street sinks as US stocks fall toward their worst day in a month
U.S. stocks fell Friday, with the S&P 500 down 0.7% after record highs. August still marks its fourth straight month of gains.
Kraft Heinz to split a decade after megafood merger
Kraft Heinz will split into two firms by 2026: one with Heinz, Philadelphia and Kraft Mac & Cheese, the other with Oscar Mayer, Singles and Lunchables.
Trump cancels $679M in funding for offshore wind projects
The Transportation Department on Friday canceled $679 million in federal funding for a dozen offshore wind projects, the latest attack by the Trump administration on the reeling U.S. offshore wind industry.
