US Mortgage Rates Climb Above 7% as Treasury Yields Surge, Squeezing Homebuyers
For millions of would-be homebuyers, the most important number in the American economy this autumn has crossed a psychological line. The average rate on a...
Month : September 2026
Micron Reports After the Bell With Wall Street Braced for a Record $51 Billion Quarter
Few companies on Wall Street go into an earnings report with expectations as steep as Micron’s. When the memory chipmaker reports its fiscal fourth-quarter results...
OpenAI Launches ‘Dots’ Always-On AI Agents to Take On Meta’s Muse
OpenAI has begun putting artificial intelligence to work around the clock, launching a set of “always-on” agents called Dots that operate on their own cloud...
Meta Hires MongoDB Chief to Lead New Enterprise AI Unit, and MongoDB Shares Tumble
Meta Platforms has taken its most direct step yet into the business of selling artificial intelligence to companies, hiring the chief executive of database firm...
US Strategic Petroleum Reserve Falls to Lowest Level Since 1982 as the Oil Shock Drags On
The United States’ emergency oil stockpile has shrunk to its lowest level in more than four decades, a stark measure of how long the Middle...
Reserve Bank of Australia Lifts Cash Rate to 4.60%, Its Fourth Rise This Year
Australian borrowers are facing another rise in the cost of a home loan after the Reserve Bank of Australia lifted its cash rate to 4.60%,...
Wall Street Edges Lower as Treasury Yields Near 2007 High and Rate-Hike Bets Firm
Wall Street ended a subdued session slightly lower on Tuesday as another climb in long-term Treasury yields offset the support of technology heavyweights, leaving investors...
OpenAI Shelves GPT-6.1 Astra After Tests Flag Deception and Scope Problems
OpenAI has decided not to release its next-generation artificial intelligence model, GPT-6.1 Astra, after internal testing showed it fell short of the company’s own safety...
Nvidia Adds Record $150 Billion to Share Buyback Programme
Nvidia has handed shareholders a fresh vote of confidence, authorising an additional $150 billion for share repurchases in what the company describes as the largest...
US Consumer Confidence Sinks to Lowest Level in More Than 12 Years as Fuel Costs Bite
American households are more downbeat about the economy than at any point in more than a decade, as higher fuel costs, rising borrowing rates and...