Mortgage demand stalls at a level not seen since 1996
A “For Sale” sign hangs in front of a home in San Mateo County, California, Aug. 22, 2023. Liu Guanguan | China News Service | Getty Images Higher mortgage rates …
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X (formerly Twitter) hate speech running rampant: CCDH
Hate speech continues to flourish on the messaging service formerly known as Twitter, according to The Center for Countering Digital Hate. The CCDH said Wednesday that X fails to remove …
Biden impeachment inquiry gives White House a fight it’s ready for
WASHINGTON — The White House’s oversight and investigations war room finally got the battle on Tuesday that they’d been arming themselves for. House Speaker Kevin McCarthy’s announcement that he has directed …
European Union launches anti-subsidy probe into Chinese EVs
China’s automobile and component exports more than doubled in 2021 from a year ago, exceeding 30% growth in China’s exports overall, Bernstein analysts found. Yi Fan | Visual China Group …
UK economy contracts in July as mild recession looms
Men and women socialize at the end of the day outside The Castle Pub in London, United Kingdom. Robert Nickelsberg | Getty Images News | Getty Images LONDON — U.K. …
Amazon follows Microsoft, investing big in carbon capture
Amazon CEO Andy Jassy. CNBC After a recent infusion of government money into technology that sucks carbon out of the air, big business is getting in as well. Amazon announced …
Demand for oil, gas, coal will peak by 2030, says IEA chief
Fatih Birol, Executive Director of the International Energy Agency (IEA), poses for a photograph during an interview with AFP at the Africa Climate Summit 2023 at the Kenyatta International Convention …
McCarthy directs GOP-led House committees to open Biden impeachment inquiry
Republican House Speaker Kevin McCarthy on Tuesday announced that he has instructed three GOP-led committees to launch an impeachment inquiry into President Joe Biden. “This logical next step will give …
Early Revolut backer Lakestar leads $40 million investment in Swan
Swan co-founder and CEO Nicolas Benady. Swan European venture capital giant Lakestar, an early supporter of fintech unicorn Revolut, has emerged as a prominent backer of French fintech startup Swan. …
UAW may implement targeted strikes if no deals reached with automakers
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT — The United …