Business

Weekly mortgage demand plummets 10%, as rates and economic concerns rise

Weekly mortgage demand plummets 10%, as rates and economic concerns rise

Victor Becerra surveys his property located next door to a recently sold property on Wapello St. in Altadena, CA on June 4, 2025. Robert Gauthier | Los Angeles Times | Getty Images Renewed concerns over tariffs and the broader economy drove Treasury yields higher last week, and mortgage rates followed. As a result, total mortgage application volume dropped 10% last …

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Crypto bills stall again on House floor – Politico

Crypto bills stall again on House floor  Politico Capitol agenda: Trump puts out another fire for Johnson  Politico Crypto bills stall amid GOP infighting, leaving House in limbo  The Hill Trump says crypto regulation bills that failed to advance earlier now have the votes to move forward  CNBC Talks on considering cryptocurrency legislation bog down in US House  Reuters Source link

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United Airlines (UAL) 2Q 2025 earnings

United Airlines (UAL) 2Q 2025 earnings

A United Airlines Boeing 757 departs from Los Angeles International Airport en route to New York on Sept. 19, 2024. Kevin Carter | Getty Images United Airlines‘ second-quarter earnings beat estimates and its CEO said travel demand is picking up after a rocky start to 2025. Travel demand, particularly from more price-sensitive customers for domestic flights, had come in weaker …

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Mortgage Applications Today: Home Loan Demand Falls by 10% After Mortgage Interest Rates Rise – Realtor.com

Mortgage Applications Today: Home Loan Demand Falls by 10% After Mortgage Interest Rates Rise  Realtor.com Weekly mortgage demand plummets 10%, as rates and economic concerns rise  CNBC TABLE-Mortgage Bankers’ Assn. Weekly Applications Survey  TradingView US Home Purchase Applications Fall After Prior Week’s Surge  Bloomberg.com Mortgage Madness: How the MBA Index Could Be Your Sector Rotation Secret Weapon  AInvest Source link

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Some big US banks plan to launch stablecoins, expecting crypto-friendly regulations – Reuters

Some big US banks plan to launch stablecoins, expecting crypto-friendly regulations  Reuters Bank of America expects to launch stablecoin, Morgan Stanley weighs use  Yahoo Finance BoA exploring stablecoins to help move trillions in client transactions, CEO says  Cointelegraph Ethereum Shines Bright As Bank Of America Begins Digital Asset Tracking  Mitrade Bank of America Joins Stablecoin Rush as CEO Moynihan Says Work Already Underway  CoinDesk Source …

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Ex-Waymo engineers launch Bedrock Robotics with $80M to automate construction

Ex-Waymo engineers launch Bedrock Robotics with M to automate construction

Bedrock Robotics, an autonomous vehicle technology startup founded by veterans of Waymo and Segment, has been operating quietly for more than a year. Now, it’s breaking cover with an $80 million funding round from investors Eclipse and 8VC. Bedrock Robotics is focused on developing a self-driving kit that can be retrofitted to construction and other worksite vehicles, according to the …

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Bank of America Posts Better Profits, But Lower Revenue, Than Expected

Bank of America Posts Better Profits, But Lower Revenue, Than Expected

Bank of America (BAC) on Wednesday reported better second-quarter profits than analysts had projected, while revenue and net interest income fell just short. The firm said Wednesday it earned $0.89 per share in the second quarter, beating estimates by 4 cents, while revenue was up 4% from the same time a year ago to $26.46 billion, slightly below the analyst …

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Gun seller GrabAGun, backed by Donald Trump Jr., begins stock trading

Gun seller GrabAGun, backed by Donald Trump Jr., begins stock trading

Donald Trump Jr. rings the opening bell on the New York Stock Exchange (NYSE) for the Texas-based firearm e-commerce platform GrabAGun where Trump is a member of the board on July 16, 2025 in New York City. Spencer Platt | Getty Images Shares of the online firearms retailer GrabAGun — whose shareholders and board members include Donald Trump Jr.— tanked …

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