Elon Musk misled Twitter investors ahead of acquisition, jury says
A California jury found Elon Musk misled Twitter investors ahead of his $44 billion acquisition, ruling on claims tied to fake bot account disputes.
Gas ranges sold at US retailers are being recalled over burn hazard risk
Frigidaire gas ranges are being recalled by Electrolux Group over a delayed ignition burn hazard. The CPSC says about 174,000 units sold in the U.S. and Canada are affected.
Hyundai recalls more than 61,000 SUVs in the US after a child's death
Hyundai is recalling more than 61,000 Palisade SUVs in the U.S. over a power seat defect that has been linked to a child's death. A remedy is under development.
Fed’s Bowman says she’s written in 3 interest rate cuts before year-end
Federal Reserve Vice Chair for Supervision Michelle Bowman says she has penciled in three rate cuts before the end of 2026, citing concerns about the U.S. labor market.
Mortgage rates jump to highest level in over 3 months
The average rate on a 30-year fixed mortgage rose this week to 6.22%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.11%.
Mortgage rates rise to highest level in over a month
The average rate on a 30-year fixed mortgage rose this week to 6.11%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6%.
Toyota recalls 550,000 vehicles over seat defect
Toyota Motor Co. is recalling 550,007 Highlander and Highlander Hybrid vehicles from model years 2021-2024 because of seat-back problems.
Ford recalls more than 83,000 vehicles over headlight, engine valve issues
Ford is recalling 35,772 model year 2025-2026 Explorer SUVs due to headlight issues and 47,804 model year 2025 vehicles over a faulty engine gas recirculation valve.
New emojis coming to Apple iPhones in latest update
Apple iPhone users will get new emojis when the company's iOS 26.4 update – currently rolled out to developers – becomes available to the public.