Associated Press

Average rate on a US 30-year mortgage eases to 6.81%, hovering near highest level in over two months

Elevated mortgage rates have dampened the start of the spring homebuying season. By ALEX VEIGA, AP Business Writer The average rate on a 30-year mortgage in the U.S. eased this week, though it remains close to its highest level in more than two months. The rate fell to 6.81% from 6.83% last week, mortgage buyer […]

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Tariff turmoil: How Tesla and other companies are dealing with the uncertainty of the trade war

Constant shifts make it difficult for companies and investors to make a reliable assessment of any impact to costs and sales. By DAMIAN J. TROISE, AP Business Writer NEW YORK (AP) — Uncertainty over tariffs and an unpredictable trade war is weighing heavily on companies as they report their latest financial results and try to give investors financial

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Most Americans expect higher prices as a result of Trump’s tariffs, new poll finds

While skepticism about tariffs is increasing modestly, that doesn’t mean the public is automatically rejecting Trump’s approach to trade. By JOSH BOAK and AMELIA THOMSON-DEVEAUX, Associated Press WASHINGTON (AP) — Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering, with a new poll showing that many people fear the

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Harvard sues Trump administration to stop the freeze of more than $2 billion in grants

By MICHAEL CASEY and JOCELYN GECKER, Associated Press BOSTON (AP) — Harvard University announced Monday that it has filed suit to halt a federal freeze on more than $2.2 billion in grants after the institution said it would defy the Trump administration’s demands to limit activism on campus. In an April 11 letter to Harvard, the

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Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump

The unpredictability of Trump’s tariffs makes the U.S. seem less stable, less reliable, and a less safe place for investors’ money   By BERNARD CONDON, Associated Press Business Writer NEW YORK (AP) — Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar. Currencies rise

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Instagram tries using AI to determine if teens are pretending to be adults

Instagram will now “proactively” look for teen accounts it suspects belong to teenagers even if they entered an inaccurate birthdate   By BARBARA ORTUTAY, Associated Press Technology Writer Instagram is beginning to test the use of artificial intelligence to determine if kids are lying about their ages on the app, parent company Meta Platforms said

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