TOPIC

Block announces massive layoffs affecting over 4,000 jobs as the payments company pivots to AI-driven operations under CEO Jack Dorsey's leadership.

OpenAI raised $110 billion in a record funding round, with investments from SoftBank, Nvidia and Amazon ahead of an expected initial public offering.

An accused crypto fraudster used investor funds for parties and luxury travel, prosecutors said after federal charges were filed in analleged $328 million Ponzi scheme targeting investors.

The average rate on a 30-year fixed mortgage fell this week to 5.98%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.01%.

America's housing market could be seeing "the gradual erosion of the lock-in effect," according to experts reacting to new home sales and mortgage application data.

Financial giant American Express has announced plans for the construction of a 55-floor building at 2 World Trade Center in Lower Manhattan.

Nvidia CEO Jensen Huang said the artificial intelligence boom is only just beginning, anticipating that AI is "going to be everywhere."

JPMorgan CEO Jamie Dimon warned that current market conditions mirror 2008 financial crisis buildup, citing high asset prices and risky lending practices.

President Donald Trump promises to make housing affordable for new buyers while protecting existing homeowners' property values during his State of the Union address.

President Trump announced federal matching contributions up to $1,000 for lower-income workers whose employers don't match retirement plans, building on existing SECURE 2.0 Act.

Mortgage rates drop to "five handle" as Trump administration targets housing affordability crisis with aggressive $200 billion bond purchase program.