Business

Mortgage rates hit highest level in over a year

close video Mortgage rates rose this week, 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 6.69% from last week’s reading of 6.66%. The average rate on a 30-year loan was 6.63% a…

Bill Ackman sounds alarm on Mamdani’s economic agenda: ‘Socialism is a disaster’

Billionaire investor Bill Ackman warned that New York City’s rent freeze, tax policies and limits on development could worsen the city’s affordability crisis by discouraging construction and investment. In a wide-ranging interview with Fortune published Wednesday, the Pershing Square Capital Management founder argued that government policy is driving up housing…

Credit expert reveals the money move that may quietly hurt your credit score

When financial anxiety spikes, the impulse to aggressively pay off a car loan or mortgage seems like a bulletproof step toward financial freedom, but credit repair expert and influencer Micah Smith warns that suddenly paying off those loans can actually backfire and drag down your credit score. Instead, turning around…

Recall issued for dog and horse medication after fiberglass found in vials

A nationwide recall has been issued for dog and horse medication after fiberglass was found floating in injection vials. American Regent, Inc. announced that select lots of Adequan Canine Injection and Adequan i.m. Injection joint medication are affected by the recall.The recall includes two lots of Adequan Canine Injection, which…

Walgreens continues store closures nationwide as part of its turnaround plan

Walgreens is continuing to close underperforming stores in 2026, although the pharmacy chain is reportedly planning fewer closures than previously projected. The company is expected to close fewer than 100 stores in 2026, down from earlier internal projections of roughly 700, Inc. reported.Walgreens announced in October 2024 that it intended…