According to rates from the Zillow lender marketplace, the current 30-year fixed-rate purchase loan fell by 13 basis points to 6.17%, 9 basis points lower than the current 30-year refi rate. The 15-year fixed-rate purchase fell by 5 basis points today to 5.75%, 2 basis points higher than the average 15-year refinance rate. Finally, the 5/1…
Today’s savings account rates still hover well above the national average. However, the Federal Reserve cut the federal funds rate three times in 2025 and has left rates alone so far in 2026, which means deposit account rates have been on the decline. It’s more important than ever to ensure you’re earning the highest rate…
By Aditya Kalra NEW DELHI, June 29 (Reuters) – Apple has accused Indian antitrust investigators of “copy-pasting” its rivals’ claims and failing to properly conduct its own investigation in concluding the U.S. tech giant breached competition laws, calling for the findings to be quashed, regulatory papers reviewed by Reuters showed. The June 25 Apple submission,…
Crude oil prices are in freefall after the United States and Iran agreed on a ceasefire, set to last 60 days. Traders expect the ceasefire to unleash an avalanche of crude, and indeed, tankers are leaving the Persian Gulf in growing numbers. And yet Iran just struck a commercial ship in Hormuz. Bloomberg reported earlier…
US stock futures climbed on Monday following reports that the US and Iran have agreed to stop tit-for-tat attacks that broke out over the weekend, enabling peace talks to continue. Nasdaq 100 (NQ=F) futures rose 1%, while those on the S&P 500 (ES=F) moved up 0.7%, after both indexes closed out last week with sharp…
SpaceX (NASDAQ:SPCX) priced its IPO (1) at $135 a share on June 12 and promptly went on a tear. Within four trading days, it climbed roughly two-thirds, touching $225 and a valuation near $3 trillion. Then it gave most of that back, sliding more than 30% to around $153, where it trades now — still…
Ford made a grave mistake with AI, and has learned the hard way what happens when you overcommit to the technology without properly training it — alienating top talent in the process. The automaker said this week that it relied too heavily on AI instead of experienced engineers to bring its cars to market. Because…
Choosing between the Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) and iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) involves balancing higher income potential from corporate credit against the safety and lower volatility of U.S. government treasuries. Both exchange-traded funds manage sensitivity to interest rate changes by targeting middle-range maturities, yet they provide access to fundamentally different…
A money market account is a type of savings deposit account that tends to offer check-writing privileges and a debit card for ATM access to your savings. Typically, savings accounts usually don’t let you write checks from the account, making money market accounts a unique option to store and tap your money when you need…
June 28 (Reuters) – Baidu’s AI chip unit, Kunlunxin, is planning to go public in Hong Kong at a target valuation of $50 billion, The Information reported on Sunday, citing two sources. Investors have been asked to buy chips with a value three to seven times the worth of their planned subscription in Kunlunxin’s initial…
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