Lowest Mortgage Rates Since 10/28 And Very Close to 3-Year Lows - Mortgage News Daily

Mortgage rates moved nicely lower on Tuesday with the average lender very close to the 2025 lows seen in late October. These levels are effectively right in line with the lowest since late 2022. If today's drop seems abrupt, that's because it is. In fact, it…

HP Announces Job Cuts as Profit Outlook Falls Short of Estimates - Bloomberg.com

HP Inc. gave a profit outlook for current year that fell short of estimates and the company said it will cut 4,000 to 6,000 employees through fiscal 2028 by using more AI tools.

US Treasury secretary takes aim at Fed's interest rate control system - Yahoo Finance

By Michael S. Derby (Reuters) -U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve's system of managing interest rates is struggling...

Warner Bros. Discovery Asks for Higher Second-Round Acquisition Bids Due Dec. 1 - Variety

Warner Bros. Discovery -- which is fielding acquisition overtures from Paramount Skydance, Comcast and Netflix -- is asking for second-round bids by Monday, Dec. 1, that are higher than the original proposals

Bill Ackman’s Pershing Targets $5 Billion IPO for Closed-End Fund - Bloomberg.com

Billionaire hedge fund manager Bill Ackman aims to raise $5 billion for his US-listed closed-end fund, including $2 billion from well-known institutional investors anchoring the deal, according to people with knowledge of the offering.

Intel Stock (NASDAQ:INTC) Notches Up as TSMC Takes Aim - TipRanks

We have been following the controversy over chip stock Intel ($INTC) hiring former Taiwan Semiconductor Manufacturing Company Limited. ($TSM) executive Wei-Jen Lo f...

Alleged 'porch pirates' targeted FedEx packages with insider information: Prosecutors - ABC News

As More Americans Choose Marijuana Over Alcohol, Mainstream Media Notices The 'Cousin Walk' Thanksgiving Tradition - Marijuana Moment

For the cannabis community, a Thanksgiving “cousin walk”—an annual outing where younger adults take a break and share a joint before the holiday feast—has been around for years. But if you get your news from some in the mainstream media, you might assume it’s…

Outside the U.S. and Europe, the momentum of China’s open source AI models is plain to see - Fortune

Control over costs and data trump pure performance for businesses in many parts of the world

Planning to leave the Bay Area for Thanksgiving? These are the worst times to hit the road - San Francisco Chronicle

AAA forecasts record Thanksgiving travel as millions take to the roads and skies. Bay Area drivers and flyers should expect heavy traffic, delays and weather ri

Why Google's Challenge To Nvidia Is 'Intriguing' For Amazon's AI Chip Push - Investor's Business Daily

Amazon stock is trying to bounce-back from a recent sell-off as its annual cloud conference approaches. Its AI chips will be in focus.

Despite Trump's best efforts to reshore manufacturing, blue-collar employment is plunging for the first time since the pandemic with 59,000 lost jobs - Fortune

"It is striking how soft manufacturing has been because in theory, you put tariffs in place to protect domestic manufacturing," one economist said.

Consumer Confidence Falls Sharply In November—Hitting Lowest Level Since April - Forbes

Only 20.1% of consumers said business conditions were good in the U.S., according to the Conference Board’s report.

Consumer confidence slides as Americans grow wary of high costs and sluggish job gains - AP News

U.S. consumers were much less confident in the economy in November in the aftermath of the government shutdown and amid weak hiring and stubborn inflation. The Conference Board said Tuesday that its consumer confidence index dropped to 88.7 in November from a…

Agencies issue final rule to modify certain regulatory capital standards - Federal Reserve Board (.gov)

The federal bank regulatory agencies today jointly issued a final rule that modifies certain regulatory capital standards to reduce disincentives a banking org

Abercrombie & Fitch Stock (ANF) Surges 35% as Investors Bet the Worst Is Over - TipRanks

The stock has struggled with tariff impacts.