Category: Business

The New York Times – Business:

The average rate on 30-year mortgages declined to 6.2 percent this week, the lowest point since early 2023.

The New York Times – Business:

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.

The New York Times – Business:

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.

The New York Times – Business:

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.

The New York Times – Business:

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.

The New York Times – Business:

General Motors and the South Korean automaker say they will collaborate on new vehicles, buying parts and clean energy technologies.

The New York Times – Business:

Accidents involving blades made by GE Vernova have delayed projects off the coasts of Massachusetts and England and could imperil climate goals.

The New York Times – Business:

Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.

The New York Times – Business:

For Chinese seeking educational opportunity, the United States has long been the top spot, but as more want to stay to work, their paths are full of roadblocks.

The New York Times – Business:

The astronauts of the Polaris Dawn mission, after traveling through heavy radiation and high orbits, are getting ready to open the hatch of their SpaceX vehicle.