Business

Mortgage rates fall for first time in 3 weeks

Mortgage rates fell for the first time in three weeks 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 decreased to 6.3% from last week’s reading of 6.34%. The average rate on a…

IRS reveals 2026 tax adjustments with changes from ‘big, beautiful bill’

The Internal Revenue Service (IRS) on Thursday announced annual inflation adjustments for dozens of tax provisions, along with changes made under the One Big Beautiful Bill Act (OBBBA). The IRS’ announced changes primarily apply to tax year 2026.The standard deduction, claimed by the majority of taxpayers who don’t itemize their returns, will…

Potato chip brand unveils biggest redesign in nearly 100-year history

PepsiCo’s Lay’s has become the latest in a series of household names that are redesigning their brand with a more modern edge.  PepsiCo announced the “largest brand redesign in Lay’s nearly 100-year history” on Thursday on the heels of Domino’s revealing plans for its own rebranding attempt. But Lay’s isn’t just…

Florida grocery store chain allows open carry in stores

The largest grocery store chain in Florida is now allowing open carry of firearms in its hundreds of locations across the Sunshine State. Publix – which has 882 stores in Florida according to its website – began allowing the practice in recent weeks, according to local reports.”As of Sept. 25,…

Major automaker recalls over 135K vehicles due to fire risk

Hyundai Motor America is recalling more than 135,000 vehicles that could short circuit during a crash, U.S. auto regulators warned.  The B+ positive terminal cover on the starter motor in certain model year 2024-2025 Santa Fe vehicles might not be installed correctly, according to the National Highway Traffic Safety Administration…

Jamie Dimon warns of major market risk in next few years

JPMorgan Chase CEO Jamie Dimon warned in an interview that the stock market could be in line for a significant correction within the next few years amid heightened uncertainty. Dimon told the BBC that there is an elevated risk of a stock market correction in the next six months to two years,…

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