Business

All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
OpenAI Fires Back at Elon Musk Amid Trial
OpenAI’s legal team is pushing back forcefully in its trial against Elon Musk, arguing that Musk’s claims stem from frustration after losing influence.
Mortgage Rates Fall To 6.09%
Finally some good news for a beleaguered housing market mortgage rates falling this week to 6.09% on the 30 year fix.
Markets React Positively To Fed Decision
Markets are screaming their approval of Fed chair, Jerome Powell's 50 basis point interest cut on Wednesday, the Dow and the S&P rising between one and 1.5%.
Amazon Raises Wages, Offers Free Prime
The tech giant is raising wages for over 800,000 U.S. warehouse and transportation workers by at least $1.50 an hour bringing the average starting wage to $22.
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