Business

After mortgage rates hit their lowest levels in more than a year last week, applications to refinance surged 35% in a week.

What the latest inflation report means for mortgage rates as refinancing surges

Texas' attorney general is suing GM after he says the company illegally collected drivers' data and sold it to insurers.

Texas sues General Motors, says it illegally collected and sold driver data

Consumer price inflation rose slightly in July, in line with expectations. July’s 2.9% annual rise marks the lowest measure in over 3 years.

Inflation in July falls below 3% for first time since March 2021

Google unveiled its latest lineup of Pixel phones as it looks to be one step ahead of Apple when it comes to AI.

Google unveils lineup of AI-powered phones

Starbucks' stock shot up 22% Tuesday morning on news it hired Chipotle CEO Brian Niccol. Can the burrito king repeat the magic with coffee?

Starbucks snags Chipotle’s CEO, giving stock much-needed caffeine boost

Both presidential candidates want to eliminate taxes on tips, but economists are raising the red flag.

Trump, Harris agree on eliminating tip taxes; economists raise red flag

The U.S. could see a massive disruption at East Coast ports in October if dock workers follow through on threats to strike.

East Coast port workers issue 60-day strike notice, negotiations ‘at impasse’

It's "Augtober" and many businesses are starting to bring back their pumpkin spiced fall menus.

It’s ‘Augtober’ and pumpkin spice is making an early comeback

Mortgage rates hit the lowest level in more than a year ahead of expected Fed rate cuts. Here's what it could mean for home prices.

How falling mortgage rates could impact housing affordability this year

The Biden administration has unveiled a new initiative to make it easier for consumers to unsubscribe to unwanted memberships and services.

Biden administration wants to make it easier to unsubscribe

Calls to boycott Dunkin' Donuts are trending after Rumble's CEO said the company won't advertise on the site due to "right wing culture."

Conservatives want to give Dunkin’ Donuts the ‘Bud Light treatment’

Democrats want the NLRB to decide whether Amazon is the employer of its deliver drivers, or whether they're employed by "partners."

Dems ask National Labor Relations Board for decision on Amazon drivers

Elon Musk's X filed an antitrust lawsuit against an advertising trade group over claims it organized a boycott. Will the legal case hold up?

Elon Musk sued this advertising group into the ground over X ‘boycott’

White Castle is the latest restaurant to join the value meal wars between fast food restaurants and fast casual spots like Chili's.

White Castle becomes latest restaurant to join value meal wars

Former President Donald Trump has agreed to debate Vice President Kamala Harris next month, also proposing two more matchups.

Trump agrees to ABC News debate with Harris, proposes 2 more

Many argue the Fed missed the boat last week after failing to cut rates two days before the jobs report triggered a recession indicator.

Fed cutting rates before September like ‘yelling fire in a crowded theater’

Microsoft is investing in solar power projects to help offset the emissions created by the rising energy demands from its AI operations.

Microsoft plans community solar panels across US to offset AI emissions

Costco is cracking down on membership sharing, like Netflix and Disney, by installing scanning devices in its stores.

Costco cracking down on membership sharing a la Netflix

Here’s why this former Fed adviser says we are already in a recession

Hunter Biden was hired by a Romanian businessman to influence U.S. policy, according to new filings in his federal tax fraud case.

Prosecutors say Romanian businessman hired Hunter Biden to ‘influence’ US policy

Big Tech is under pressure after a judge ruled Google is a monopoly. Here's what it means for antitrust cases against Apple, Meta and Amazon.

Google’s antitrust loss ‘a warning’ to Big Tech: The government can win

Biden appointed progressive Lina Khan to go after Big Tech. Some of his donors are hopeful Harris will boot the FTC chair if she wins.

FTC Chair Lina Khan got under Big Tech’s skin. Now they want her gone.

This week's antitrust ruling against Google is groundbreaking. But don't expect a quick solution, despite consequences coming later this year.

Break up Google? How the search giant might be punished for antitrust ruling

Disney is celebrating a successful third quarter as streaming platforms Disney+, Hulu and ESPN+ have become profitable for the first time.

Disney’s streaming platforms turn profitable. Expect price hikes.