Mortgage rates fell this week after President Donald Trump announced a two-week ceasefire between the U.S. and Iran, mortgage buyer Freddie Mac said Thursday.Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage declined to 6.37% from last week’s reading of…
Amazon is signaling a major shift in how it plans to serve customers, starting with rewriting parts of its own playbook. CEO Andy Jassy released his annual letter to shareholders on Thursday, writing that the tech giant is not content to simply add artificial intelligence features to its existing retail…
Americans are facing a tale of two grocery lists. While some prices are cooling, the items families rely on most for energy and nutrition — meat and coffee — are seeing sharp increases that wipe out any savings in the bread aisle.Fourteen of the 25 most common grocery store staples…
This story about the fourth-quarter GDP report is developing and will be updated with more details. The U.S. economy grew at a slightly slower pace than expected in the fourth quarter, according to the Commerce Department’s estimate.The Bureau of Economic Analysis (BEA) on Thursday released its final reading of fourth-quarter GDP, which…
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Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last…
Tech giant Meta is planning to move forward with laying off about 200 employees in the San Francisco Bay Area.…
As the conflict in Iran intensifies with no immediate end in sight, the U.S. Department of Energy is tapping further…
General Motors is planning to ramp up production of heavy-duty pickup trucks in Michigan this summer amid strong demand for…
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While Silicon Valley spends billions trying to teach robots how to think, home improvement giant Lowe’s is putting its money on Americans who know how to build. As artificial intelligence threatens to hollow out white-collar cubicle careers, Lowe’s CEO Marvin Ellison is sounding a wake-up…
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American workers saw rising wages in March, though the increases were lighter than expected and represented a deceleration from the prior month’s readings. The Bureau of Labor Statistics on Friday released the March jobs report, which showed the U.S. economy added 178,000 jobs for the month – beating the expectations…
Amazon adds seller surcharge as oil spike from Iran tensions drives logistics costs higher
Amazon will impose new fees later this month on third-party sellers as rising oil prices tied to the ongoing war with Iran ripple through the U.S. economy, a shift that could ultimately push costs onto consumers. The company said it will begin charging a 3.5% “fuel and logistics-related surcharge” on…
This story about the March 2026 jobs report is developing and will be updated with more details. The U.S. economy added jobs in March as the labor market rebounded after it unexpectedly shed jobs a month ago.What are the key findings of the March 2026 jobs report? The Labor Department…
American retirees may be done with their working careers, but they may still face the scrutiny of an IRS audit if their tax return raises red flags. Data from the IRS shows the tax collection and enforcement agency has conducted audits on fewer than 1% of individual tax returns in recent years. In…
The “magic number” that Americans believe they need to have saved for retirement jumped from a year ago as some express anxiety about their retirement savings. Northwestern Mutual released a study on Wednesday which found that the amount of retirement savings Americans think they need to retire comfortably rose to $1.46 million.That…
close video Mortgage rates rose this week as the conflict in Iran continues to weigh on markets, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage climbed to 6.46% from last week’s reading of…
A suburb near Nashville, Tennessee, is in the midst of a boom amid an influx of higher-paying tech and trade jobs. A report by Realtor.com found that Clarksville, located about 45 minutes outside of Nashville, is drawing in residents in part because of several manufacturing firms setting up shop in the area…
Los Angeles County, once the symbol of American prosperity and Hollywood dreams, has earned the title of the nation’s leader in population loss. The latest U.S. Census data shows shows that between July 1, 2024, and July 1, 2025, 53,421 residents left the county, marking the largest decline in the…
Companies in the private sector added 62,000 jobs in March, payroll processing firm ADP said Wednesday. The figure is above economists’ estimates of a gain of 40,000 jobs. The prior month’s payrolls number was revised higher to a gain of 66,000 from an initially reported gain of 63,000.”Overall hiring is…
German automaker Mercedes-Benz said on Tuesday it will invest $4 billion at its Alabama plant through 2030 to boost SUV production as it seeks to address significant U.S. auto tariffs. In total, luxury automaker Mercedes-Benz said it plans to invest more than $7 billion in U.S. operations in the coming…





































