Finance

Current mortgage rates report for Aug. 29, 2025: Rates flicker slightly up after dip

The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 6.548%, according to data available…

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Japan suspends some parcel deliveries to U.S. due to Trump tariffs

Japan Post Co. will suspend shipping of some small packages to the United States due to fresh tariffs imposed by…

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Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’

President Donald Trump said Friday that American chipmaker Intel had agreed to give the U.S. government a 10% stake, worth…

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Pop Mart shares soar 11% as CEO announces new mini Labubu

Shares of Chinese toy maker Pop Mart International Group Ltd. rose the most in nearly four months on Wednesday, after…

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Government forces Air Canada and flight attendants back to work and into arbitration, after strike strands over 100,000 travelers

Canada’s government forced Air Canada and its striking flight attendants back to work and into arbitration Saturday after a work stoppage stranded…

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Elon Musk broadens his long-running feud with OpenAI’s Sam Altman by bringing in a third party: Apple

Elon Musk’s long-standing battle with OpenAI has a new participant: Apple. On Tuesday, Apple found itself the latest target of…

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OpenAI’s open source pivot shows how U.S. tech is trying to catch up to China’s AI surge

OpenAI, the developer behind ChatGPT, released two bombshell AI developments last week. Last Thursday, it released GPT-5, the long-awaited update…

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AI-driven layoffs are on the rise as the job market shrinks for recent grads

No more new hires if AI can do the job. That’s what Shopify CEO Tobi Lütke told staff in a…

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Indonesian growth unexpectedly jumps 5.12%, defying weak lending

Indonesia’s second-quarter growth unexpectedly accelerated to the fastest pace in two years, with exports and investment helping an economy that’s…

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Everyone’s watching Jerome Powell as warnings flash for the U.S. economy

A surprisingly weak July employment report has intensified expectations that the Federal Reserve will resume cutting interest rates as soon…

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