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If mortgage rates stay above 6.5%, ‘the chances of an imminent recovery are slim’ for housing demand, Capital Economics says 

The housing world is in limbo. Last year, existing home sales plummeted to an almost three-decade low because nobody was selling or buying...

Two security issues at OpenAI raise concerns

OpenAI is in an unwelcome spotlight this week after a significant security flaw in its ChatGPT was discovered this week, and a previously...

Why Redbox has been powering down

Redbox’s field service technicians thought they had seen it all.Stores had unplugged thousands of the company’s iconic red DVD rental kiosks. Payroll and...

Tesla stock turns positive for 2024 amid a breakneck $200 billion rally. ‘The worst is in the rear-view mirror’

Tesla Inc. shares whipsawed on Friday as the world’s most valuable automaker briefly wiped off its year-to-date losses after the stock’s breakneck seven-day...

‘Free’ checking might come with a charge soon, warns Chase

Chase Bank customers could see some additional charges in the not too distant future. The Wall Street Journal reports the country’s biggest retail bank...