Total mortgage application volume was down 9.4% for the week ended Dec. 29, compared with two weeks earlier, according to the Mortgage Bankers Association.
Steve Eisman of Neuberger Berman sees little tolerance for things going wrong. He warns the Federal Reserve will likely cut rates fewer times than expected.
Maersk's decision to pause Red Sea and Gulf of Aden transits until further notice underscores the difficulty for the U.S.-led Operation Prosperity Guardian.
Rivian said it delivered 13,972 vehicles from October through December, down 10.2% from the third quarter of 2023 but in line with Wall Street's expectations.
Nadia Liu Spellman grew up watching her parents run a fine-dining restaurant. Now, her dumpling business has three restaurant locations and sells on Amazon.
Harvard President Claudine Gay has been under fire for weeks over claims of plagiarism and for her handling of the controversy over the war on Gaza by Israel.
Democrats have voiced concerns about the third-party ticket plan, saying it could derail President Joe Biden's reelection push and instead benefit Donald Trump.