Business

Mortgage rates fall below 6% for first time since 2022

close video Mortgage rates fell below 6% this week for the first time in three and a half years, 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 fell to 5.98% from last week’s…

Waymo to bring driverless cars to Chicago, eyes Midwest expansion

Waymo is expanding into Chicago as it works to scale its autonomous ride-hailing business beyond its existing markets and establish a foothold in the Midwest. The Alphabet-owned company said Wednesday it has begun “laying the early groundwork” for operations in the city, starting with mapping and manual vehicle testing –…

Apple expands US manufacturing with Texas push

Apple will begin producing Mac minis in Houston later this year for the first time, expanding its U.S. manufacturing footprint and creating what the company said will be “thousands of jobs.” The expansion will effectively double the size of Apple’s Houston campus and increase production of advanced artificial intelligence servers…