Mortgage demand drops to its lowest level since July, as interest rates return to summer highs
Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since July ...
Category: Economy
McDonald’s shares fall after CDC says E. coli outbreak linked to Quarter Pounders
The CDC said an E. coli outbreak linked to McDonald's Quarter Pounder burgers has led to 10 hospitalizations and one…
Warren Buffett — worried about impersonators — says he doesn’t endorse candidates or investments
Buffett's actions were triggered in part by a fake political endorsement alerted to him on Meta's Instagram. ...
New Boeing CEO sets sights on ‘leaner’ future as quarterly loss tops $6 billion
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense…
Coca-Cola tops earnings estimates, as higher prices offset sluggish demand
Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion. ...
McDonald’s tells U.S. restaurants it’s not a ‘political brand’ after Trump visit
McDonald's said it is not endorsing a presidential candidate after Trump's visit to one of its restaurants. ...
Hyundai Motor India’s shares set to start trading after the country’s largest IPO
It is the country's largest-ever IPO by the amount raised. ...
Disney will name Bob Iger’s replacement in early 2026; James Gorman to become board chair next year
Former Morgan Stanley CEO James Gorman will replace Nike Executive Chairman Mark Parker as chairman in January. ...
Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for…