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Average US long-term mortgage rate climbs to 6.51%, highest level in nearly nine months

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly nine months, driving up borrowing costs for homebuyers during what's traditionally the housing market's busiest time of the year. The benchmark 30-year fixed rate mortgage ...
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Trump postpones signing artificial intelligence order out of concern it would hurt the AI industry

WASHINGTON (AP) - President Donald Trump called off a signing ceremony Thursday for a new order on artificial intelligence because he worried it could dull America's edge on AI technology. Trump said he was postponing the signing because he did ...
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Minnesota hunger non-profit leader gets 41 years in prison for $250 million fraud scheme

May 19 (Reuters) - The leader of a Minnesota non-profit group was sentenced to 41 years in prison on Thursday after she was convicted last year of being the ringleader of a $250 million scheme to defraud a federally ...
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Facing intense internal pressure, DNC releases postelection autopsy that criticizes Kamala Harris

NEW YORK (AP) - Kamala Harris "wrote off rural America" during the 2024 presidential campaign and failed to attack Donald Trump with sufficient "negative firepower," according to a long-awaited post-election autopsy released on Thursday by the Democratic National Committee. ...
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Criminal case against former assistant principal over shooting of teacher by student dismissed

(NEWPORT NEWS, Va.) -- A Virginia judge has granted a defense motion to dismiss the criminal case against former Assistant Principal Ebony Parker over the 2023 shooting of a teacher by a 6-year-old student.Parker has been dismissed and has ...
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US doctor infected with Ebola critically ill but says he is ‘cautiously optimistic’

(NEW YORK) -- The American doctor infected with Ebola said he is "cautiously optimistic" about his health improving amid more severe symptoms.Dr. Peter Stafford contracted the disease while working with patients in the Democratic Republic of the Congo. He ...
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UK’s Advanced Medical Solutions attracts fresh suitor in H.B. Fuller

May 21 (Reuters) - British medical supplier Advanced Medical Solutions on Thursday said it had received an unsolicited takeover proposal from U.S.-based adhesives maker H.B. Fuller, days after its buyout talks with a private-equity firm ended. Shares of the British ...
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India’s top condom maker may hike prices on war-linked oil surge

By Pranav Kashyap BENGALURU, May 21 (Reuters) - India's Mankind Pharma may raise condom prices if the Middle East conflict drags on further and keeps oil prices elevated, its chief executive told Reuters on Thursday. The company, which makes Manforce condoms ...
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Birkenstock shares jump after $250 million buyback plan

May 21 (Reuters) - Shares of Birkenstock surged nearly 17% on Thursday after the German sandal maker said it would buy back $250 million of its stock through an accelerated share repurchase agreement, following a recent selloff. The move comes ...
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Democratic senators raise alarm over foreign investment in Paramount, Warner Bros merger

By David Shepardson WASHINGTON, May 21 (Reuters) - A group of six Democratic senators have expressed serious concerns about planned foreign ownership interests, including from Gulf sovereign wealth funds, in the proposed $111 billion Paramount-Warner Bros Discovery merger. Last month, Paramount ...
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Families weigh moves with gender-affirming care access under assault in US

By Mariam Sunny May 21 (Reuters) - Confronted with Trump Administration threats to gender-affirming care for young transgender people, American families are weighing moves out of their states to gain access to needed healthcare, according to doctors, patients, policy ...
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Congressional committee asks telecoms to do more to prevent scams as losses surge

WASHINGTON (AP) - A powerful congressional committee is urging major telecommunications companies to do more to protect Americans against scams, part of a widening investigation into the role that U.S. companies play in the surge in cyberscams that cost ...
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