Business

Business

Mortgage rates rise to 6.86%: Freddie Mac

Federal Housing Finance Agency director Bill Pulte explains how President Donald Trump is making home ownership affordable again on ‘Making Money.’ Mortgage rates increased to the highest level since mid-February, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate …

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Walmart to cut about 1,500 jobs from corporate workforce

 BNY Wealth CIO Sinead Colton Grant looks at the financial landscape of the economy on ‘The Claman Countdown.’ Walmart – the nation’s largest private employer – is cutting more than 1,000 corporate jobs as the company tries to lower its expenses and streamline decision-making as pressure from tariffs mounts.  Walmart …

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Trump, OpenAI secure first international Stargate AI deployment in UAE

Constellation Research founder Ray Wang discuses the amount of foreign investment going into A.I. and quantum computing on ‘Making Money.’ The U.S. and United Arab Emirates (UAE) are taking their artificial intelligence collaboration a step further, with the announcement of an international Stargate deployment. OpenAI revealed on Thursday that President …

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