eBay is cutting approximately 1,000 jobs – or about 9% of its workforce – marking the online marketplace’s second round of layoffs this year as it looks to streamline operations and focus on key areas of growth. The job cuts were outlined in an internal memo from CEO Jamie Iannone…

JPMorgan Chase announced on Monday that it has invested $5 billion in companies that underpin U.S. national security through the firm’s Security and Resiliency Initiative (SRI). The bank launched the $1.5 trillion SRI last year under its Strategic Investment Group and said that it has financed and facilitated over $230…

Rising mortgage rates have shifted some advantages to prospective homebuyers this fall even as rates above 7% are reducing the purchasing power buyers have available. Realtor.com’s market clock report for the third quarter was released on Monday and found that the national market clock now sits at 4 o’clock after…