Business
Found 355 articles
Mortgage Rates Hit 6.87% as Conflict Drives Oil Price Volatility
Escalating hostilities in the Iran war have sent oil prices climbing, triggering a ripple effect that pushed 30-year fixed mortgage rates to 6.87% on Monday. This figure marks the highest point for borrowing costs since June 2025, effectively dismantling earlier market projections that anticipated a downward trend for housing debt this year.
Trump to unveil new drug pricing agreements with pharmaceutical firms
President Donald Trump is set to announce voluntary drug pricing agreements with nearly a dozen pharmaceutical companies on Monday. The move aims to align U.S. medication costs with lower foreign prices, expanding on the administration's contentious "most favored nation" strategy ahead of the upcoming midterm elections.
Manhattan Renters Pay Six-Figure Sums as Luxury Market Tightens
In a departure from traditional real estate logic, ultra-wealthy New Yorkers are bypassing home ownership for the rental market, driving monthly costs for top-tier properties as high as $177,000. This shift marks a record-breaking period for Manhattan, where luxury units now demand an average of $17,464 per month.
Retailers Struggle to Standardize Tariff Refund Reporting
Goodyear’s high-stakes retail makeover
Imax Is for Sale, but Hollywood Isn't Biting
Taylor Farms at the Center of U.S. Food Safety Scrutiny
FDA Clears Gilead’s Once-Daily HIV Tablet for Complex Treatment Needs
Gap Shares Surge as Retailer Replaces Old Navy CEO
Family Offices Pivot Toward Public Equities as Market Confidence Grows
American Airlines Expands Transatlantic Reach with New XLR Fleet
The Lakers Family Trust Conflict Exposes Estate Planning Pitfalls
Best Buy Raises Annual Outlook After Strong Second Quarter
Warner Bros. Discovery stalls as Paramount merger hits legal wall
Hyundai’s aggressive American expansion
HHS Plans New FDA Leadership Roles to Oversee AI and Drug Regulation
Commercial real estate bidding hits year-high as capital returns
Bugatti CEO Bets on Combustion as Supercar Market Shifts
United Airlines Expands Global Network to Secondary International Markets
Dick's Sporting Goods trims outlook as Foot Locker sales slump
Lego Hits Record Revenue as Strategic Diversification Pays Off
Main Street Sports Sues Comcast and Charter Over Licensing Fees
David Ellison faces antitrust blockade in $110 billion WBD acquisition
Goldman Sachs partner warns of cognitive atrophy from AI reliance
Rob Bonta Scraps Paramount Merger Talks Over Leaked Negotiations
UPS Commits $2 Billion to Reshape Global Logistics Networks
Media merger chill deepens as antitrust scrutiny freezes deal flow
United Airlines faces seat inventory crisis over delayed Boeing 737 Max 10
Wells Fargo and Citigroup Signal Potential M&A Spree
