Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Fannie Mae and Freddie Mac support the mortgage industry by buying mortgages from lenders and selling mortgage-backed securities to investors. They were placed into
Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to its lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of
The Washington Post’s executive editor, Matt Murray, announced buyouts. Robert Miller/The Washington Post via Getty Images The Washington Post is offering buyouts to staff as part of a reorganization. The buyouts will be offered to
After six years in the game, Nuuly, the clothing rental service from Urban Outfitters, has done what few thought possible: turned a profit. In an industry full of flashy failures and billion-dollar burns, Nuuly is
Money-losing Japanese automaker Nissan is banking on its latest “e-Power” technology for a turnaround. A kind of hybrid, e-Power comes equipped with both an electric motor and gasoline engine, much like the Toyota Motor Corp.
According to the U.S. Bureau of Labor Statistics, unemployment rates have not shifted much in recent years. The current unemployment rate is reported as being 4.2%—just a slight increase from the 4% it hovered around
Tech CEOs like Nvidia’s Jensen Huang have been investing time and money to make Donald Trump happy. Results have been mixed. Andrew Harnik/Getty Images Tech CEOs pivoted hard, and publicly, toward Donald Trump this year.
Rep. Alexandria Ocasio-Cortez owns up to $46,000 in assets — and has at least $15,000 in student loan debt — according to her most recent financial disclosure. She makes $174,000 a year. Tom Williams/CQ Roll
jacoblund/Getty Images/iStockphoto At 79, my wife, Susan, has been accepted into Oxford University. I’m trying to support her emotionally because this will not be easy. I’m also trying to figure out how to finance
A tiro of blobfish on display in 2022. : HUM Images/Universal Images Group via Getty Images Sea creatures have adapted to help them thrive in extreme environments. Unusual features allow them to live thousands of
Climbing the corporate ladder isn’t the only way to succeed in your career. Alex Slitz/AP Some career advice we’ve heard over the years doesn’t hold up. You don’t always need to find your passion or
Tesla posted a video in January of its vehicles’ Self-Driving from the Fremont Factory to the loading dock. screenshot/YouTube Tesla plans to launch a “pilot” robotaxi service in Austin in June. That doesn’t mean we’ll
Business Insider’s reporter booked a sea terrace stateroom on a Virgin Voyages cruise. Joey Hadden/Business Insider On an adults-only cruise with Virgin Voyages, I booked a 225-square-foot sea terrace room. Starting at $844 a night,
Earlier this month, the Food and Drug Administration (FDA) and the Centers for Disease Control and Prevention (CDC) announced a multistate investigation of a Salmonella outbreak linked to cucumbers believed to have been grown by
Salesforce is buying AI-powered cloud data management company Informatica in an approximately $8 billion deal. Informatica’s shareholders will receive $25 per share, a premium of about 11% from Friday’s closing price of $22.55. The transaction
“Food Wars” hosts Harry Kersh and Joe Avella travel across Los Angeles to find the best fried chicken in the city. They’ll be visiting four locations in just one day to see what the city
The UK is ramping up defense production, but may lack the skills base to keep up. Owen Humphreys – PA Images/PA Images via Getty Images Like much of the world, the UK is ramping up
Sylvester Stallone, Amanda Seyfried, Matthew McConaughey. Getty More than 817,000 people moved out of California from 2021 to 2022, per most recent census data. It’s not just regular people: Celebrities have left Los Angeles for
The names of Nvidia’s AI chips frequently take inspiration from pioneering figures in math and science. Patrick T. Fallon for AFP via Getty Images Nvidia chips take their names from notable mathematicians and scientists. The
“Food Wars” hosts Harry Kersh and Joe Avella travel across Los Angeles to find the best steak in the city. They’ll be visiting three locations in just one day to see what the city has