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Business & Tech

U.S. stocks rise as Wall Street’s winning streak grows to four days

U.S. stocks closed broadly higher Wednesday, extending Wall Street’s recent winning streak to a fourth straight day. The S&P 500 rose 0.7%, the Dow Jones Industrial Average gained 0.7% and the Nasdaq composite added 0.8%. Solid gains for technology companies led the rally, although ...

Ambitious plan to store CO2 beneath the North Sea set to start operations

NORTH SEA, Denmark (AP) — Appearing first as a dot on the horizon, the remote Nini oil field on Europe’s rugged North Sea slowly comes into view from a helicopter. Used to extract fossil fuels, the field is now getting a second lease on life as a means of permanently storing ...

Average US long-term mortgage rate falls to 6.23%, ending a three-week climb

The average rate on a 30-year U.S. mortgage ended a three-week streak of increases, reflecting a pullback in long-term U.S. Treasury bond yields. The average long-term mortgage rate fell to 6.23% from 6.26% last week, mortgage buyer Freddie Mac said Wednesday. A year ago, the rate averaged ...