Business

Mortgage rates tick higher but remain near 6%

Mortgage rates ticked higher 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 increased to 6.11% from last week’s reading of 6.10%. The average rate on a 30-year loan was 6.89% a year…

Homebuyers gain upper hand in 3 major cities as inventories grow

Three of the nation’s largest housing markets are seeing a sharp rise in the number of homes for sale, giving buyers more choices even as the overall U.S. housing market shows signs of cooling. In January, 46 of the country’s biggest metro areas had more homes on the market than…

Trump to unveil TrumpRx website where Americans can purchase prescription drugs

President Donald Trump is set to officially unveil a new website called TrumpRx on Thursday evening, which his administration says will allow Americans to purchase prescription drugs at lower costs. White House press secretary Karoline Leavitt said the announcement is scheduled for 7 p.m. EST and will feature Trump alongside…

Google plans to spend big as AI race with rivals intensifies

Alphabet executives struck a confident tone on Wednesday’s post-earnings call, signaling that Google’s heavy investments in artificial intelligence are now translating into real revenue growth across the business. The call was the first since Google released its Gemini 3 model, which has boosted user engagement and helped the company regain…