Mortgage rates rose this week to the highest level in a year, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year…

Visa on Tuesday announced plans to cut 7% of its workforce, or about 2,600 jobs, as the payment processor moves forward with a push to operate more efficiently. The job cuts are expected to primarily affect technology and product teams.”I have deep conviction that we are doing what is right…

This story about the Federal Reserve’s July 2026 interest rate decision is breaking news. Please check back for updates. The Federal Reserve on Wednesday announced that it will hold interest rates steady due to concerns about elevated inflation amid the war in Iran.Fed policymakers voted 9-3 to leave the benchmark federal…

Airbus completed a test flight lasting more than 24 hours, a key step toward Qantas’ planned nonstop service linking Australia and Europe. The aircraft – a specially adapted A350-1000ULR – flew 14,338 miles from Melbourne, Australia, to Toulouse, France, in 24 hours and 24 minutes, according to Flightradar24 data.The flight…

Cracker Barrel is set to pay outgoing CEO Julie Masino several million dollars in severance pay after her departure from the company, while also covering security costs for a period of time. The restaurant chain announced on Monday that Masino would step down as CEO on Aug. 10 and will…