Homebuyers find opportunity in declining mortgage rates: Freddie Mac
The average rate for a 30-year fixed-rate mortgage dropped to 6.32% for the week ending March 30, according to Freddie Mac's Primary Mortgage Market Survey.
McDonald's temporarily shuts US offices, prepares layoff notices: report
McDonald's said in an internal email last week to U.S. employees and some international staff that they should work from home from Monday through Wednesday, so it can deliver staffing decisions virtually, the report said.
Electronic Arts laying off 800 employees, restructuring company
EA is reducing its workforce, restructuring teams, and moving away from some projects, according to a company memo.
Apple Pay Later launches after a six-month delay
Apple announced the soft launch of its long-awaited buy now, pay later service option for Apple Wallet.
Spirit Airlines bringing in 4,000 pilots, flight attendants, other team members this year
Spirit Airlines said it will hold five recruitment events in cities across the U.S. in April, and that the hiring announcement is not related to JetBlue's acquisition of the low-cost airline.
Americans pulled nearly $100B out of bank accounts as SVB, Signature Bank collapsed
During the closures of SVB and Signature Bank, Americans withdrew almost $100 billion from their bank accounts, according to seasonally adjusted data from the Federal Reserve.
Adidas won't object to Black Lives Matter group's trademark application for logo
In the logo in question, there are a trio of yellow horizontal stripes stacked on top of each other.
Rising number of Americans choose bankruptcy to deal with unmanageable debt: report
Total individual bankruptcy filings in February rose to 30,193, up 18% from a year ago and up 2% from January, according to a recent American Bankruptcy Institute (ABI) report.
Pepsi unveils new look in first refresh in 14 years
North America will be the first region to get the new logo, which will appear inside the globe with a "modern, custom" font. See it here.
Taylor Swift fans take Ticketmaster to court over concert ticketing fiasco
A hearing was held Monday in Los Angeles. Plaintiffs in the lawsuit allege Ticketmaster engaged in antitrust violations, among other claims.
Cold Stone Creamery employee loses 3 fingers on the job: reports
"There was blood splatter all over the store," the former manager told a local TV station.
Elon Musk tells employees to get back in office with 2:30 am memo
Musk is not a fan of remote work. Back in November, he ended Twitter's work-from-home accommodations.
Gas prices drop despite rising demand, tighter supply: AAA
Gas prices decreased this week to $3.49 per gallon, AAA reported. And prices could hold steady as the price of oil remains low, despite a rise in demand for gas.
Fed forges ahead with 25 basis point interest rate increase, signaling resolve to battle inflation
The Federal Reserve announced another 25 basis point interest rate increase, bringing the federal funds rate to a targeted range of 4.75% to 5%, the highest level in 15 years.
Rent growth had smallest gain in two years: Redfin
Renters might just be getting some relief as February marked the ninth consecutive month in which rent growth slowed.
US home values fell $2.3 trillion in 2022, but homeowners still benefiting from pandemic era gains: Redfin
The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% from a record high of $47.7 trillion in June – the most significant June-to-December drop in percentage terms since 2008, according to Redfin.
Foot Locker closing 400 shopping mall locations to prioritize better earning stores
Foot Locker also said it plans to open some free-standing shops targeting niche consumers such as sneakerheads, children and higher-income shoppers.
Amazon to cut 9,000 more jobs amid 'uncertain economy'
Amazon announced Monday that it plans to cut an additional 9,000 roles within the next few weeks amid the uncertain economic environment.
Disney managers told to identify layoff candidates, with 4K job cuts expected by April: report
Disney managers were given an April deadline to propose budget cuts and make a list of employees to be laid off.
Gas prices hold steady despite market turmoil: AAA
The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.