Business - Page 25

The housing market is cooling down as the average 30-year fixed mortgage rate has surged to 6.9%. Experts attribute the slowdown to high inflation, which has led to increased interest rates and

Discover Financial's potential acquisition by Capital One includes a $1.38 billion breakup fee if Discover chooses another buyer, but none if U.S. regulators block the deal. Capital One's all-stock transaction is valued

Google and Reddit have reached a deal allowing Google to use Reddit posts for AI training and product improvement. The $60 million deal will also grant Reddit access to Google AI models.

Sam Altman, CEO of OpenAI, owns an 8.7% stake in Reddit, making him the third-largest shareholder. Reddit filed for an IPO and reported a 20% revenue increase last year. They also announced

The Federal Reserve provides the nation with a safe, flexible, and stable monetary and financial system. The Federal Open Market Committee, Monetary Policy Principles and Practice, Policy Implementation, Reports, Review of Monetary

Pharmacies nationwide are experiencing delays in processing prescription orders due to a cyberattack on a major healthcare technology company. The company reported a network interruption and is working to resolve the issue.

Vice Media is cutting hundreds of jobs and ending publishing on Vice.com, as announced by CEO Bruce Dixon. The company filed for bankruptcy in the US in May and plans to partner

TV and video content includes a total supply of USD-pegged stablecoins hitting $128 billion, investors needing privacy in an open financial system, self-protection from hacks and scams, and three crypto predictions for

The two biggest retailers are venturing into advertising, with Walmart's $2.3 billion acquisition of Vizio and Amazon's growing ads business. Other businesses like Instacart and Target are also expected to expand their

Explore credit cards, loans, banking, mortgages, insurance, credit monitoring, personal finance, small business, taxes, and help for low credit scores. Nvidia shares surged 16% after reporting a 265% rise in revenue and