The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report. It’s the lowest rate since Oct. 3 and the biggest one-day drop since August 2024. Rates are finally breaking out of the high 6% range, where they’ve been stuck for months. ...
The launch of OpenAI’s ChatGPT created a major buzz around artificial intelligence (AI) stocks. ChatGPT is an AI chatbot software application that uses machine learning techniques to emulate human-written conversations. A hitherto niche subsector in the AI industry, this technology is called generative AI, and it’s been making an impact on myriad industries, including marketing, security, healthcare, gaming, communication, customer ...
At press time, ONDO trades at $0.9083, marking a 5.2% drop in the past day. The token is moving within a clear range, and the chart shows signs of a possible turning point. At the same time, Bitget’s partnership with Ondo Finance on tokenized stocks and ETFs highlights how ONDO is gaining a role in The post ONDO Price Prediction ...
The U.S. accepted a luxury Boeing Jet as a gift from Qatar in May, with plans to retrofit it to become the next Air Force One. The Air Force says the effort will cost less than $400 million for the updates. Other estimates show it could cost more than $1 billion. Meanwhile, a separate deal with Boeing to produce two ...
David Ellison continues to put his stamp on Paramount after its acquisition by Skydance. The CEO and chairman told employees Thursday that they will be expected to work in the office five days a week starting Jan. 5, 2026, according to a memo obtained by CNBC. Employees who do not wish to make the transition can seek a buyout starting ...
Ken Hoffman of Red Cloud Securities shares his gold price target of US$10,000 per ounce. In his view, the US dollar is set to decline to its lowest level in the last 20 years. Given its usual relationship with gold, that could send the price to US$7,000, and from there it could overshoot. Securities Disclosure: I, Charlotte McLeod, hold no ...
The U.S. Securities and Exchange Commission’s (SEC) case against Ripple reached a turning point in July 2023 when Judge Analisa Torres ruled that XRP in itself is not a security. Attorney John Deaton, who represented XRP holders through his amicus brief, now affirms that the XRP Army’s collective efforts played a decisive role in shaping The post XRP Army Played ...
Leading members of President Donald Trump’s political team met Wednesday behind closed doors with House Republicans to offer what’s being described as a ‘clear and simple’ message to sell the GOP’s sweeping domestic policy package to Americans. The sales pitch, from top Trump pollster Tony Fabrizio, senior Trump political aide James Blair, and White House press secretary Karoline Leavitt, is ...
Families who lost loved ones in two crashes of Boeing 737 Max jetliners may get their last chance to demand the company face criminal prosecution Wednesday. That’s when a federal judge in Texas is set to hear arguments on a U.S. government motion to dismiss a felony charge against Boeing. U.S. prosecutors charged Boeing with conspiracy to commit fraud in ...
The silver price surged on Tuesday (September 2), breaking US$40 per ounce to rise as high as US$40.93. Silver was last above US$40 in 2011, peaking that year at US$47.94 in April. Many of the same factors that drove the silver price to that level in 2011 are present in today’s market, including significant uncertainty around the economy, a global ...
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have opened the door for spot crypto trading on U.S. regulated exchanges. In a joint staff statement, the agencies confirmed that registered platforms can facilitate trading of certain spot crypto asset products under existing law. SEC-CFTC Joint Statement Brings Clarity and The post SEC, CFTC Open ...
The Senate teed up a colossal package to authorize funding for the Pentagon on Tuesday, marking the first legislation to hit the floor since lawmakers returned from August recess. Lawmakers advanced the Fiscal Year 2026 National Defense Authorization Act (NDAA) on a largely bipartisan 84 to 14 vote, setting up the bill for debate before a later vote to advance ...