Economy

Homes in Hercules, California, US.Bloomberg | Bloomberg | Getty ImagesAfter surging over 8% in October, mortgage rates are falling back toward 7% again, and that is jump-starting the refinance market.Last week, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 7.17%…

MOSCOW, RUSSIA – SEPTEMBER 9: (RUSSIA OUT) Russian President Vladimir Putin delivers a speech during the concert marking the City Day on September 9, 2023 in Moscow, Russia. Putin and Moscow’s Mayor Sobyanin, who is expected to be re-elected this week took part in the festive events. (Photo by Contributor/Getty…

Dubai, UNITED ARAB EMIRATES — A global rush for the next wave of generative artificial intelligence is increasing public scrutiny on an often-overlooked but critically important environmental issue: Big Tech’s expanding water footprint.Tech giants, including the likes of Microsoft and Alphabet-owned Google, have recently reported a substantial upswing in their…

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. U.S. stocks gained in midmorning trading Tuesday, with the S & P 500 up 0.14% and the Nasdaq Composite up 0.64%. Technology stocks were…

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