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  • Danielle Kaye

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30-Year Mortgage Rate Rises Above 7% for First Time Since May

The latest jump threatens to sideline more buyers and sellers.

John Deere Sued by FTC Over Equipment-Repair Practices

The lawsuit against the maker of John Deere tractors represents a final push in the Biden administration’s broader efforts to make repairs less costly for...

Mastercard Agrees to Settle Pay Discrimination Suit for $26 Million

The complaint accuses the company of underpaying female, Black and Hispanic employees compared with their male and white counterparts.

California Fires Lead to Prices Hikes on Some L.A. Rentals

Despite a law against price gouging during a state of emergency, some rental listings have shot up above the allowable 10 percent overnight.

30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

As Trump Praises Meta Decision, Tech Watchdogs Warn of Surge in Disinformation

While Republicans praised the move, some groups cautioned that effectively ending Meta’s fact-checking program would also lead to more conspiracy theories.

Egg Prices Jump Before Holidays as Bird Flu Spreads

Costs have soared again amid a bird flu outbreak, bringing renewed attention to the fact that while inflation is cooling, prices are still elevated.

PG&E Secures $15 Billion Loan From U.S. Energy Department

The loan, the biggest-ever commitment from the Loan Programs Office, is intended to fund the California utility’s grid and climate resiliency projects.

Carlos Watson, Ozy Media Co-Founder, Is Sentenced to Almost 10 Years in Prison

A federal jury in July found Mr. Watson, who started the digital media company in 2013, guilty of trying to defraud investors and lenders.

F.T.C. Sues Largest U.S. Alcohol Distributor for Illegal Pricing

The suit, under a long-dormant antitrust law, accuses Southern Glazer’s of charging small businesses “drastically” more than big chains.