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U.S. mortgage rates rose to the highest level in six weeks, but have stayed well below 7%, offering some stability to home buyers. The 30-year fixed-rate mortgage rose and averaged…
A huge chunk of student-loan borrowers simply aren’t paying. The pandemic pause on payments may have ended in October, but roughly 40% of borrowers who had bills due that month…
Greg Lippmann, a central figure in “The Big Short,” Michael Lewis’s book about Wall Street’s role in the subprime-mortgage crisis, is readying his next big trade, this time on beaten-up…
Associated Banc-Corp (NYSE:ASB) Q4 2023 Earnings Conference Call January 25, 2024 5:00 PM ET Company Participants Andrew Harmening – President and CEO Derek Meyer – CFO Patrick Ahern – Chief…
Source: Dalle-E Russian power providers say crypto miners are to blame for “mass” electricity outages during recent cold snaps.Per Interfax, Rosseti Siberia, the local branch of the state-run power provider…
Cruise, General Motors’ self-driving vehicle unit, disclosed today that it is the subject of two federal investigations regarding its actions after a severe accident involving a Cruise “robotaxi.” In just…
After a rough early start to 2024 and lots of analyst negativity, Apple has turned the corner. Wall Street mentions are getting brighter, and the tech giant just added the…
Culture issues, ineptitude and poor leadership at General Motors’ Cruise autonomous vehicle unit were at the center of regulatory oversights and coverup concerns that have plagued the company since October,…
By Mumal Rathore and Indradip Ghosh BENGALURU (Reuters) – The Bank of Canada will wait until at least June to cut its key interest rate as price pressures remain sticky,…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar climbed to six-week peaks against a basket of currencies on Tuesday, as investors resumed buying the greenback after a brief respite, on…