Mortgage demand stalls along with interest rates
In an aerial view, a residential neighborhood is seen on June 4, 2026 in Pembroke Pines, Florida. Joe Raedle | Getty Images Mortgage rates didn’t budge last week, leaving little incentive for either home buyers or current homeowners to call their…
Amazon plans drone expansion as top exec projects 1 million deliveries
Amazon said Wednesday it plans to offer drone deliveries in nearly 500 U.S. cities and towns by the end of the year, a sign of momentum for a project that’s been slow to develop since founder Jeff Bezos first laid out his vision for the service…
Treasury yields pull back ahead of FOMC minutes
Treasury yields pulled back slightly on Wednesday from multi-decade highs seen on the previous day, as a sell-off at the long end of the curve eased investor jitters. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government…
Iran weighs attacks on military targets in Europe if war escalates: FT
Iran has considered attacking U.S. military targets in Europe if the war escalates, the Financial Times reported Wednesday, citing two regime insiders. U.S. assets in Bulgaria and Cyprus were weighed as potential targets, according to the FT’s…
Disney-owned ABC files First Amendment lawsuit against FCC
U.S. Federal Communication Commission (FCC) Chairman Brendan Carr speaks during a press conference, following an open meeting of the FCC, in Washington, D.C., U.S., July 22, 2026. Kylie Cooper | Reuters Disney’s ABC has filed a First Amendment…
Apple overhauls EU app store fees to resolve payments clash
Under the EU’s Digital Markets Act, Apple is required to allow developers to freely inform customers of alternative offers outside its App Store. Gabby Jones | Bloomberg via Getty Images Apple on Tuesday announced that alternative, third-party app…
California AG Bonta says Meta case about restitution and distortion
Meta Platforms CEO Mark Zuckerberg departs the office of U.S. Majority Leader John Thune (R-SD) following a meeting at the U.S. Capitol in Washington, D.C., U.S., March 26, 2026. Nathan Howard | Reuters Following the first day of arguments in a…
China’s backflipping robot maker Unitree pops 542% in Shanghai debut
HANGZHOU, CHINA – JUNE 17: An Unitree G1 humanoid robot presents martial arts and dance performance for tourists at West Lake scenic area on June 17, 2026 in Hangzhou, Zhejiang Province of China. (Photo by Long Wei/VCG via Getty Images) Vcg |…
U.S., South Korea halve joint drills as Trump seeks Kim summit
SEOUL, SOUTH KOREA – 2025/01/24: A 24-hour Yonhap news TV broadcast at Seoul Railway Station showing a news broadcast with the file footage of U.S. President Donald Trump (L) with North Korean leader Kim Jong Un (R). Kim Jae-Hwan | Sopa Images |…
What Chinese liquor maker Moutai’s slump says about the country’s economy
A staff member sorts Kweichow Moutai liquor at a supermarket in Yongnian district of Handan, North China’s Hebei province, Jan 9, 2025. Cfoto | Future Publishing | Getty Images BEIJING — Walk down most streets in China and you’ll find a…