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Average 30-year US mortgage rate climbs to 6.58%, highest level in nearly a year18:41 The average long-term U.S. mortgage rate climbed this week to its highest level in nearly 12 months, pushing up borrowing costs for prospective homebuyers at a time when rising oil prices are already squeezing household budgets Union Pacific picks up Canadian National's support for its plan to acquire Norfolk Southern railroad16:33 Union Pacific struck a deal with Canadian National to secure that rival’s support for its proposed $85 billion acquisition of Norfolk Southern railroad US filings for unemployment aid fall to 187,000 last week, fewest since 196916:01 U.S. applications for jobless benefits tumbled to the lowest level in decades last week as layoffs remain historically low despite global economic uncertainty Europe's central bank holds rate steady amid swings in oil prices14:57 The European Central Bank is leaving interest rates unchanged amid uncertainty about how volatile energy prices will affect inflation Trump's tariff threat could impact Canadian economy but may be negotiation tactic2:10 The U.S. threat of 50% tariffs on Canadian goods could impact the economy, but experts suggest it might be a negotiation tactic Google's Q2 earnings of $112.11B beat Wall Street's expectations on AI boom23:30 Google parent company Alphabet Inc. posted stronger-than-expected results for its second quarter, a sign that it’s massive artificial intelligence spending spree is paying off so far Earnings at Musk's Tesla fall as research spending cuts into profit from selling cars23:30 Tesla's profits fell last quarter as the car company run by Elon Musk shoveled more money into research and development, cutting into profits from a sharp increase in vehicle sales Need backup power? Automakers want you to look no further than your driveway22.července Texas resident Kenneth Kovar has a home energy setup from Ford, in which drivers of certain popular F-150 models can plug their vehicle directly into their electric meter to power their home during an outage Britain's new prime minister must solve the old riddle of how to reinvigorate a slow-growing economy22.července Britain’s new leader, Andy Burnham, is facing the same old problem: How can he kickstart a sluggish economy so that growing companies and increased output generate enough additional revenue to boost defense spending and pay for everything else voters w... UK leader Burnham gathers his Cabinet after sweeping away Starmer supporters22.července New U.K. Prime Minister Andy Burnham has gathered his Cabinet after removing allies of predecessor Keir Starmer from the government |