Author: News Room
The chaos from the government shutdown might not be over — even as Capitol Hill reopens its doors.The longest shutdown in US history ended Wednesday, with the House reaching an agreement to fund the federal government through January 30. It also sets aside money for agencies like the Food and…
The Dow Jones Industrial Average rose 328 points to close above the 48,000 level for the first time on Wednesday, registering its 17th record high of the year as investors bet on the end of the longest government shutdown in history and shrugged off concerns about an AI bubble. Ticker…
Image: Getty Images; Illustration: Bankrate More relief for home equity rates in the latest week. The $30,000 home equity line of credit fell one basis point to 7.81%, according to Bankrate’s national survey of lenders, its lowest level in two years. Meanwhile, the benchmark 5-year $30,000 home equity loan dropped…
This as-told-to essay is based on a conversation with Eric Sim, 55, a former banker who became a published author, professional speaker, and career coach. The following has been edited for length and clarity. Business Insider has verified his education and employment history.Finding a job is really difficult these days,…
New York Attorney General Letitia James joined a Condé Nast union rally on Wednesday, calling on the company to reinstate four staffers who were fired after a confrontation with the company’s HR head.”Let’s be clear: New York is a union town,” James said. “Let’s also be clear: the right to…
Disney’s ongoing carriage dispute with YouTube TV is costing the entertainment giant tens of millions of dollars per week, according to an analysis by a Wall Street leader. YouTube TV customers have lost access to ABC and ESPN amid the dispute with Disney, the parent company of those media brands, with the…
Image by PM Images/Getty Images; Illustration by Hunter Newton/Bankrate Mortgage rates reversed course to edge lower this week, with the 30-year fixed rate averaging 6.29%, down from 6.31% the previous week, according to Bankrate’s latest lender survey. Current mortgage rates Loan type Current 4 weeks ago One year ago 52-week…
Mercor, a startup that helps some of the biggest tech companies train their AI models, told thousands of its contract workers this week that they would no longer be working on a large project for Meta.On Tuesday, people working on the project, codenamed Musen, were told it was ending due…
The US penny died on Wednesday at the ripe old age of 232 after the US Treasury minted its last one-cent coin.The news of Wednesday’s final penny may be a hit to your nostalgia, but please, dry your tears.The US penny deserved to die.Allow me to explain. First, the penny…
Toyota announced Wednesday it has officially begun production at its new $13.9 billion battery manufacturing plant in North Carolina, while committing an additional $10 billion to bolster its U.S. manufacturing over the next five years. The 1,850-acre facility in Liberty, North Carolina, marks the automaker’s first battery plant outside Japan…
