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The culprit responsible for high inflation was profligate government spending in the form of multitrillion-dollar spending bills sold as "COVID relief" and "infrastructure."

The average rate for a 30-year fixed-rate mortgage dropped to 6.28% for the week ending April 4, according to Freddie Mac's Primary Mortgage Market Survey.

There will be no trading in stocks to mark Good Friday and the bond market will have an early close.

PepsiCo has spent the last few years working to incorporate artificial intelligence (AI) into its sales and product development processes, in addition to quality control.

JPMorgan Chase CEO Jamie Dimon said that turmoil within the banking system has raised the odds that the U.S. economy tumbles into a recession this year.

Federal Reserve Bank of St. Louis President James Bullard said Thursday that banks will not tighten credit enough to send the U.S. economy into a recession.

Samsung Electronics employees reportedly leaked company information to artificial intelligence tool ChatGPT, including source code related to "facility measurement" and "yield/defect."

The Treasury Dept. released its first-ever illicit finance risk assessment of decentralized finance (DeFi) services to cybercriminals and state actors like North Korea.

Potential homebuyers received more positive news from Freddie Mac's weekly interest rate report, as long term mortgage rates continued their decline for the fourth week. The 30-year rate fell to 6.28% from 6.32%.

According to SEC filing, advisers of the Miller Value Partners Appreciation ETF say the fund has an above-average probability to outperform the S&P 500 over a multi-year time horizon.

Inpathy, a Detroit-based social media application, was selected as one of 12 startups to the Techstars Detroit JPM 2023 program, according to a local report.

The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.

Amid a banking crisis and the hawkish Fed strategy to raise interest rates and cool inflation, the U.S. dollar is predicted to weaken further in 2023.

The Masters champion in 2023 will get a little bit more than just a green jacket. The winner of the first golf tournament of the year is set to earn more than $3 million.

Check out the mortgage rates for April 6, 2023, which are mixed from yesterday.

Chinese development of artificial intelligence technology may catch up with the U.S., risking ethical concerns of censorship, a report in the Harvard International Review claims.

Investors and analysts care about CMBS prices in large part because of what they signal about a much larger universe of commercial real-estate loans that aren’t sliced into securities.

Meta, the parent company of Facebook and Instagram, shot down a request to pause AI research, with a top leader saying AI consumes Mark Zuckerberg's time.

Small businesses could soon see lines of credit canceled from banks as the global banking crises, inflationary pressures and rising interest rates slow commercial lending.