Business
Mortgage rates rose to the highest level in more than a year, 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 rose to 6.71% from last week’s reading of 6.66%. It was the highest…
Agriculture Secretary Brooke Rollins praised the Trump administration’s agriculture agenda as she took aim at Biden-era food policies, accusing the former administration of pushing Americans away from traditional meat products. “There was a massive push under the last administration to eat less meat. Could you imagine? Don’t stop eating meat.…
Nvidia announced Thursday that it will buy AI developer platform Hugging Face in a deal valued at approximately $12.9 billion. The chipmaker is betting that growing demand for the open-source AI models hosted on Hugging Face will fuel future growth, even as some of Nvidia’s largest customers develop their own…
Southwest Airlines on Wednesday unveiled plans to debut its first-ever network of airport lounges, with work underway on the first lounges due to open in late 2027. The airline announced that four Southwest lounges will open in late 2027, with those locations including Austin, Baltimore, Honolulu and Nashville.Southwest’s announcement also…
The family of a 32-year-old Bank of America vice president fatally stabbed in an apparently random Times Square attack earlier this week is remembering her as a devoted new mother who had just returned from maternity leave the day she was killed. Erin Piacenti was killed Aug. 31, the same…
DOJ seizes $560K in cryptocurrency allegedly intended for Hamas, disrupts online recruitment network
The U.S. Department of Justice (DOJ) this week announced the seizure of more than $550,000 in cryptocurrency donations and the disruption of recruitment websites connected to terrorist organization Hamas. Through court-authorized seizures, the FBI seized approximately $560,000 in cryptocurrency and took control of domains and servers Hamas was allegedly using…
The only thing that will hit harder than the tackles on NFL Sundays this season is the fans’ wallets. Michael J. Wolf, the co-founder and CEO of Activate Consulting, a leading strategy and consulting firm, said that the NFL has an affordability issue when it comes to fans being able…
New York City public school students under 9th Grade will be banned from using generative AI for at least one year, Mayor Zohran Mamdani announced Wednesday. Mamdani announced the new rule during a news conference Wednesday morning, saying it is part of a “comprehensive AI policy” for the city’s schools.…
The U.S. Mint on Wednesday started selling $1 coins that feature President Donald Trump’s face. “Available for purchase today at 12PM ET: 2026 President Donald J. Trump $1 Coin. These coins are also in circulation, so check your pocket change. Collect them today!” the U.S. Mint declared in a Wednesday…
The rapid buildout of artificial intelligence (AI) infrastructure is expected to accelerate in the years ahead, with a new analysis projecting investment in the sector will top $31 trillion through 2050. A report by PwC projects that capital expenditures on AI infrastructure will reach $31.6 trillion by 2050 as companies…