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Business News

U.S. Mortgage Rates Fall to 6.2%, Lowest Since Early 2023

12/09/2024 20:09 - The average rate on 30-year mortgages declined to 6.2 percent this week, the lowest point since early 2023. ...

Navient and CFPB Reach $120 Million Student Loan Settlement

12/09/2024 18:09 - The company has been banned from servicing federal student loans and must pay $100 million to harmed borrowers, as well as a $20 million penalty. ...

Dr. Chatbot Will See You Now

12/09/2024 17:09 - Americans are already turning to A.I. for health information in large numbers, new research suggests. ...

First Private Spacewalk in SpaceX Capsule Achieves New Milestone

12/09/2024 16:09 - Jared Isaacman, the billionaire leading the Polaris Dawn mission, and Sarah Gillis, a SpaceX engineer, exited and re-entered their spacecraft in a test of commercial space technologies. ...

A Corporate Minimum Tax Aimed at Closing ‘Loopholes’ Leaves Gaps

12/09/2024 16:09 - The Treasury Department estimates that a new law requiring big companies to pay a 15 percent tax will raise $250 billion from large corporations over the next 10 years. ...

EU rejects price offer from Chinese EV producers as talks enter final stretch

12/09/2024 15:09 - Negotiations between Brussels and Beijing on the dispute around electric vehicles have entered the final stretch ahead of a make-or-break vote. ...

European Central Bank Cuts Rates for Second Time in Three Months

12/09/2024 15:09 - The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy. ...

OpenAI Aims for a $150 Billion Valuation

12/09/2024 15:09 - The ChatGPT maker is closing in on another mega funding round as investors bet the boom in artificial intelligence has plenty of room to grow. ...

Unions to take Audi Brussels to court over escalating factory row

12/09/2024 14:09 - Trade unions say they plan to take Audi Brussels to court, as tensions between the German car giant and workers continue to heat up. ...

G.M. and Hyundai Plan to Work Together on New Vehicles

12/09/2024 13:09 - General Motors and the South Korean automaker say they will collaborate on new vehicles, buying parts and clean energy technologies. ...


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