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Mortgage rates marched higher for the seventh week in a row, driving the average long-term U.S. home loan rate to its highest level in nearly three years. The benchmark 30-year fixed-rate mortgage climbed to 7.40% from 7.28% last week, mortgage buyer Freddie Mac said Thursday.
They’re far more likely to take taxis or rideshares and drop some money gambling or in prediction markets, but they also use coupons and rely heavily on public transportation. Welcome to the somewhat confounding spending habits of Gen Z shoppers.
Since I entered the cotton industry, I’ve spent nearly 200 days a year traveling to farms, mills, factories, brand headquarters, and trade meetings around the world. Many people don’t realize how global a single garment’s journey can be.
Are the worlds of Frappuccinos and guacamole colliding? If recent reporting proves out, that could be the case. Starbucks is exploring a potential takeover of Chipotle, in what would amount to a restaurant megadeal, according to reporting from the Financial Times on Thursday.
Amazon’s latest flurry of layoffs will hit the company’s Stores division, the business unit responsible for its online retail storefront. The cuts will affect fewer than 1,000 workers this time—a much smaller reduction than a round of mass layoffs seen earlier this year.
Even with stubborn market forces working against them, savvy first-time home buyers are figuring out ways to get a foot in the door – and into their first home.
Welcome to AI Decoded, Fast Company‘s weekly newsletter that breaks down the most important news in the world of AI. I’m Mark Sullivan, a senior writer at Fast Company, covering emerging tech, AI, and tech policy. Sign up to receive this newsletter every week via email here.
Tropical storm Isaias is building momentum in the Gulf and, as of Wednesday evening, strengthened into the first Atlantic hurricane of the season. The National Hurricane Center (NHC) announced the news on Thursday, October 8, at 7 a.m.
Some of the guardrails that OpenAI included in its ChatGPT for Teens product don’t work as intended and the chatbot poses an “unacceptable risk” to children, according to a report Wednesday by Common Sense Media.The watchdog group urged OpenAI to restrict the chatbot to adults “until it can offer a…
The quantum computing world got a jolt when the Defense Advanced Research Projects Agency (DARPA) announced, after market close yesterday, a list of companies selected to advance to Stage C of its Quantum Benchmarking Initiative (QBI), widely considered to be the most rigorous and objective vetting…
Worries around artificial intelligence cross party lines, with the vast majority of Americans saying the U.S. government should prioritize keeping AI under human control and protecting workers.A new poll from The Associated Press-NORC Center for Public Affairs Research finds that most Americans,…
Businesses and policymakers are racing to build an economy centered on AI, and it’s quickly becoming one of the biggest economic bets in history. Billions of dollars are flowing into numerous sectors to support it, and states are competing to attract investment while companies seem to announce…
NASCAR fans today can do more to follow a live race than simply watch it on TV. Official NASCAR apps make live data, including telemetry feeds from race cars and behind-the-scenes driver audio communications, available to premium subscribers as races take place.
First came the buttholes. Then the sparkles and gradients. Now, the next Big Tech AI branding trend has arrived. As the biggest artificial intelligence players introduce new agent capabilities, they’re all converging around the same visual shorthand: cute little guys.
Rohit Prasad, who led Amazon’s artificial general intelligence division and helped build and scale Alexa, has been tapped as the new CEO of Boston Dynamics. The appointment, announced earlier this week, puts Prasad at the forefront of the increasingly competitive humanoid robotics field.
At 10:08 a.m. on April 7, 2025, U.S. stocks were deep in the red. Then what looked like good news arrived: A claim began circulating on X that Kevin Hassett, director of the White House National Economic Council, had said President Donald Trump was considering a 90-day pause on tariffs for every…
The creative workers behind Dungeons and Dragons, Magic: The Gatherings, Duel Masters, and other games have come together to unionize. On Tuesday, the workers informed their employer Wizards of the Coast, a publisher of card and role-playing games, that they planned to unionize.
Over six million people in the U.S. live with dementia. By 2050, that number is expected to double. Yet, even so, the signs of cognitive decline can be difficult to spot.
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