TOPIC

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.

Bracing for Nvidia, when size matters

Nvidia, the world's most valuable company, has seen its growth explode along with demand for artificial intelligence chips. Funds that hold the stock could see big moves.