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On March 26, Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS), finding that the weekly 30-year fixed-rate mortgage (FRM) averaged 6.38%. “The housing market continues to show gradual improvements compared to a year ago amid recent rate volatility,” said Freddie Mac chief economist Sam Khater. “Purchase and refinance applications are up

Bank of America has agreed to pay $72.5 million to settle a class-action lawsuit filed on behalf of women who say they were victims of Jeffrey Epstein’s sex trafficking operation, reported CBS News. The settlement was filed in Manhattan federal court on March 27. The bank denies wrongdoing. The settlement still requires approval from U.S.

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Getting your home organized is a deeply rewarding feeling, whether it’s a storage cart in the bathroom, a buffet cabinet in the dining room, or even

Google (GOOGL) just gave Wall Street a reason to rethink the biggest AI trade available. Alphabet’s Google Research said earlier in March that it had developed a new family of compression algorithms, TurboQuant, PolarQuant and Quantized Johnson-Lindenstrauss, or QJL. What is the point of all of these? They aim to slash the memory required to

Albertsons (ACI), a leading US food and drug retailer, is pulling back in the high-stakes North Texas market as part of a broader restructuring. According to recent Worker Adjustment and Retraining Notification (WARN) filings listed by USA Today, the grocery giant will shutter two Tarrant County locations by late April, resulting in 138 layoffs. This

Airport security checkpoints are facing a new strain, with longer lines, overworked officers, and a tension that feels different from the norm. What you are witnessing is the visible result of a political crisis in Washington that has made airport security unsustainable. The Transportation Security Administration officers who check your ID and scan your bags

Chevron (CVX) is raising a significant warning. The oil giant says there is a dangerous assumption about the Iran war. Oil prices fell after President Donald Trump said he remains “very intent on making a deal with Iran.” As a result of the move, many traders believed that the worst of the oil shock is

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In what could be called the Great Wine Decline, the wine industry has suffered a 21% decrease in revenue from the Covid-19 pandemic in 2020 through 2025, which has led to a surge in winery closings. The wine sector’s total revenue fell by $19.7 billion over the six-year period, or from $94 billion in 2020