How Are Higher Mortgage Rates Affecting Homebuyers
Total mortgage applications fell 2.9% from the previous week and were 5% lower than the same period a year earlier, marking the first annual decline since April
Business
SpaceX Posts Strong Revenue Growth In First Earnings Report Since IPO
Despite the strong revenue performance, SpaceX shares have fallen 8 percent since the company's IPO.
What Do The Latest U.S. Hiring Data Reveal
Although job openings slipped slightly to 7.36 million in June, they remained above levels recorded a year earlier, indicating that labor demand continues to hold up.
Polymarket Targets $20 Billion Valuation Amid Market Expansion
The potential valuation follows strong business growth after Polymarket launched its regulated U.S. exchange in May.
McDonald's Earnings Beat Estimates Despite Slower U.S. Sales
Net income increased to $2.36 billion from $2.25 billion a year earlier.
New Truth Social Service Gives Traders Millisecond Edge
The service costs between $60,000 and $100,000 per month for access to leading accounts, with broader packages priced higher
Why Is Apple Challenging The UK's Data Access Demand
The dispute follows a similar confrontation last year after Britain's Home Office sought access to encrypted data belonging to both U.K. and U.S. users
What Will SpaceX's First Earnings Report Reveal
SpaceX previously disclosed first-quarter losses of about $4.3 billion, following a $4.9 billion loss in 2025, as heavy investment in rockets, AI infrastructure and data centers continued.
Elizabeth Warren Calls Trump's Memecoin An 'Illegal Scam'
The SEC should determine whether the cryptocurrency amounted to an illegal scam or a "soft rug pull," where insiders gradually profit while retail investors absorb heavy losses.
Saudi Aramco Reports Strong Q2 Earnings
CEO Amin H. Nasser said the company's infrastructure, storage capacity and export terminals helped maintain production despite regional instability.
Amazon Reaches $3 Trillion Market Value On AI Boom
Chief Executive Officer Andy Jassy said both the company's artificial intelligence and custom chip businesses have surpassed annualized revenue run rates of $25 billion.
US Manufacturing Hits Four-Year High In July
Fifteen of the 16 major manufacturing industries recorded growth during the month, with chemical products being the only sector to contract.
Trump Criticizes Exxon, Chevron Over Iran War Profits
The increase has been driven in part by concerns over disruptions to oil shipments through the Strait of Hormuz.
FAA Certifies Boeing 737 MAX 7 After Years Of Delays
The company is now increasing production of the 737 MAX and 787 Dreamliner as it works toward its long-term financial targets.
US Pushes To Reduce Reliance On China's Rare Earth Magnets
Beijing's dominance of the sector and its use of export controls during the 2025 trade dispute prompted Washington to strengthen domestic production and diversify supplies.
U.S. Manufacturing Growth Beats Expectations
The ISM Purchasing Managers' Index rose to 55.6 in July from 53.3 in June, beating analysts' expectations of 54