Browsing: News

US mortgage rates continued to surge this week, rising to their highest level since 2001. The 30-year fixed-rate mortgage averaged 7.23% in the week ending August…

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Equities…

Check out the companies making headlines in midday trading.Nvidia – The chipmaker’s stock climbed more than 1% to a record high after the company reported a beat on…

T-Mobile on Thursday announced it plans to lay off 5,000 employees, or around 7% of its total staff, over the next five weeks. The reductions will…

Fast-fashion competitors Shein and Forever 21 have joined forces.On Thursday, the retailers announced a deal that will bring together two brands that have a strong following…

Donald Trump is changing lawyers in his Georgia election case ahead of the former president’s scheduled surrender in Atlanta on Thursday, NBC News confirmed.Trump has hired…

Subway has sold itself to private equity firm Roark Capital, ending a six-month long search for a buyer. It brings to an end the sandwich chain’s…

Roark Capital is buying Subway, ending the sandwich chain’s more than five decades of family ownership and marking a new era for the struggling company.The announcement…

Turkey’s central bank on Thursday hiked interest rates by more than expected to 25%, signaling it was willing to follow through on a new commitment to…

Saudi Arabia, the world’s largest crude oil exporter, has been invited to become a full member of the BRICS economic bloc, along with Iran, the United…