The average rate on a 30-year U.S. mortgage edged higher this week, though it remains relatively near its low point so far this year. The uptick brings the average long-term mortgage rate to 6.22% from 6.19% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged ...
Disney is investing $1 billion in OpenAI and will bring characters such as Mickey Mouse, Cinderella and Luke Skywalker to the AI company's Sora video generation tool, in a licensing deal that the two companies announced on Thursday. At the same time, Disney went after Google, demanding the ...
NEW YORK (AP) — Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old financial technology whiz weaponized their trust to convince them that the investment — ...
A federal appeals court on Thursday backed a ruling that held Apple in civil contempt for brazenly defying an order designed to open its iPhone app store to other payment systems besides its own, but the decision also reopened a door for the company to collect commission from the rival ...
WASHINGTON (AP) — The crime-fighting arm of the IRS spent less time tracking down tax evaders this year, instead picking up some new responsibilities, such as helping with immigration enforcement and supporting National Guard deployments in two Democratic-led cities. IRS Criminal ...
WASHINGTON (AP) — Nearly two dozen House Republicans joined Democrats Thursday to pass a bill that would restore collective bargaining rights for hundreds of thousands of federal employees, an attempt to overturn an executive order that President Donald Trump issued earlier this year. The ...
