global business

Mortgage rates are falling for the fourth consecutive week

Mortgage rates are falling for the fourth consecutive week

Washington, DC CNN – Mortgage rates fell slightly this week, as a smaller rate hike by the Federal Reserve indicated a promising improvement on inflation. The average 30-year mortgage rate was 6.09% in the week ended February 2, down from 6.13% in the previous week, according to data from Freddie Mac released Thursday. A year …

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Biden proposes an "unwanted fee" bill to cut hidden fees for credit cards and concert tickets

Biden proposes an “unwanted fee” bill to cut hidden fees for credit cards and concert tickets

CNN – President Joe Biden announced new progress Wednesday in his administration’s “competition agenda,” specifically targeting unwanted fees as he called on Congress to pass legislation targeting hidden fees across multiple industries. Those costs could “drain hundreds of dollars a year out of the pockets of hard-working American families, especially people who are already struggling …

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ChatGPT's creator rolls out an "imperfect" AI detection tool to help educators spot potential cheating

ChatGPT’s creator rolls out an “imperfect” AI detection tool to help educators spot potential cheating

CNN – After two months of OpenAI some educators were concerned with The public version of ChatGPTAn AI-powered chatbot that can help students and professionals create shockingly persuasive essays, the company is unveiling a new tool to help educators adapt. OpenAI announced on Tuesday A new feature called “Artificial Intelligence Text Classifier”, which allows users …

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General Motors shares rose after record profits and a new stake in the lithium company

General Motors shares rose after record profits and a new stake in the lithium company

New York CNN – General Motors reported much stronger-than-expected fourth-quarter earnings, pushing full-year results to record highs for the second year in a row. The largest US automaker also said on Tuesday it was buying a $650 million stake in Lithium Americas, which would give it access to raw materials needed to build batteries to …

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Laverne & Shirley star Cindy Williams has died at the age of 75

Laverne & Shirley star Cindy Williams has died at the age of 75

CNN – Cindy Williams, the dynamic actress best known for playing Shirley Feeney on the beloved sitcom “Laverne & Shirley,” has passed away, according to a statement from her family, provided to CNN by a CNN representative. She was 75 years old. Williams passed away after a short illness, according to a statement from her …

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Adani Group slams 'Hindenburg attack on India' as shares hit $70 billion

Adani Group slams ‘Hindenburg attack on India’ as shares hit $70 billion

New Delhi CNN – the promise me Groupe has accused a US investment firm of launching a “calculated attack” on India by publishing a report alleging widespread fraud in the port conglomerate to power. Hindenburg Research released its report on billionaire Gautam Adani’s business last week, accusing the group Of the “brazen stock manipulation and …

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Some car insurance companies refuse to cover some Hyundai and Kia models

Some car insurance companies refuse to cover some Hyundai and Kia models

CNN – Progressive and State Farm, two of America’s largest auto insurers, are refusing to write policies in certain cities for some older Hyundai and Kia models that were deemed too easy to steal, according to the companies. Many reports indicate that companies have stopped offering insurance for these vehicles in cities that include Denver, …

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Southwest reports quarterly loss and warns of further losses after service collapse

Southwest reports quarterly loss and warns of further losses after service collapse

New York CNN – Southwest Airlines reported a loss in the fourth quarter due to a collapse in the company’s services during the holiday travel season, and warned that the costs of those problems would lead to another loss in the first quarter. The airline had to cancel more than 16,700 flights between December 21 …

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