FOX BUSINESS

Mortgage rates fall to 10-month low

The average rate on the 30-year fixed mortgage fell this week to 6.56%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.58%.

FOX Business Briefs 8/28

Nvidia predicts cooler growth after sales record; Five Below and Dollar General report upbeat quarters; Hormel expects to raise some prices; Report: there is clearer evidence A.I. is wrecking young Americans’ job prospects.