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Finance

Average Mortgage Rates in the US See the Biggest Weekly Jump in 35 Years.

Mortgage rates surge to their highest in the US in over three decades, intensifying pressure on potential home buyers and calming the housing market. ...
Finance

Fed to Lose Money Next Year, Dudley Says with Hiking Rates

Bloomberg News reports that it appears that the Federal Reserve is on the way to losing out the money in the next year as...
Automobile

Tesla Stock Plunge Has Factors Other Than the Twitter Acquisition

Tesla Inc.'s takeover of Twitter is turning out to be the least of its investor's problems, even as there is an effect on its...
Finance

The Biggest Interest Rate Hike by Fed Led to Calls for a Recession on Wall Street.

Looming recession is seen increasingly by analysts in the US after Federal Reserve hiked interest rates Wednesday. The most significant increase in the rates...
Business News

Unshakable Conviction to Be the Top Attribute of His Successor, Says Toyota CEO

President and CEO of Toyota Motor Corp., Akio Toyoda, told shareholders during the annual meeting that the company is working on grooming candidates for...
Finance

Global Bonds Face Bear Market Amid Fed’s Aggressive Rate Hikes

Global bonds look set to enter a bear market after the inflation in the US. The fastest in four decades has fueled the fear...
AI

Google Debate over Sentient Bots Conceals Deeper AI Issues

Bloomberg News reports that a software engineer associated with Google was given a suspension notice after he went public about his claims that he...
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