Mortgage rates reached 6.9% this week, the highest level seen since last November, according to a weekly survey done by the Mortgage Bankers Association.

Some lenders were also quoting rates for 30-year loans with rates above 7% last week, the association added.

In response to rising rates, purchase applications for a home on a national level ...Read more

Chevrolet enters Grasso’s Garage this week with its 1500 Silverado, but not just your typical half-ton work truck, the Silverado ZR2.

With a base price just under $70K, the ZR2 boasts a ton of standard features for off-road needs. General Motors, Chevrolet’s parent company, had no choice but to build a monster similar to competing ...Read more

Amazon.com Inc. has been talking with wireless carriers about offering low-cost or possibly free nationwide mobile phone service to Prime subscribers, according to people familiar with the situation.

The company is negotiating with Verizon Communications Inc., T-Mobile U.S. Inc. and Dish Network Corp. to get the lowest possible wholesale prices...Read more

A Homestead open-air strip mall of mostly family-owned Hispanic businesses is usually packed in the afternoon with people eating at restaurants, buying medication at a pharmacy or transferring money to their loved ones in Latin America.

These South Florida businesses are credited with keeping retail in downtown Homestead alive as more and more ...Read more

Genesis has installed an amazing array of cutting-edge technology into its 2023 GV60 Performance crossover, and it should be at the top of this review. But when a carmaker puts a yellow BOOST button on the steering wheel for an acceleration jolt ... well, that’s impossible to resist.

Push the button and prepare for a 10-second throttle thrill...Read more

The U.S. labor market sent conflicting signals in May as payrolls surged along with joblessness, giving Federal Reserve officials more reason to pause interest-rate hikes.

Nonfarm payrolls increased 339,000 last month after an upwardly revised 294,000 advance in April, a Bureau of Labor Statistics report showed Friday. The unemployment rate ...Read more

Elon Musk is getting more firepower for his electric-vehicle price war thanks to President Joe Biden’s signature climate legislation.

Tesla Inc. and its battery partner are poised to receive about $1.8 billion in production tax credits this year under the Inflation Reduction Act, according to forecasts from researcher Benchmark Mineral ...Read more

Increasingly in recent years, Californians have put goats' voracious and almost indiscriminate diets to work, minimizing fuel for wildfires across the state — a method that has been heralded as sustainable, economical and effective at reducing underbrush that can become dangerous in the hot summer months.

But goat ranchers worry a recent ...Read more

For anyone who likes to complain about North Texas drivers, it might sound alarming to know that soon they will be sharing the highways with transport trucks that don’t have a driver at all.

The Metroplex has quietly become the new frontier for the development of autonomous trucking, with several companies from around the world setting up ...Read more

Apple Inc. is working on plans to expand and revitalize its retail chain, aiming to push deeper into China and other parts of Asia while overhauling established locations in the U.S. and Europe.

Through 2027, the iPhone maker is discussing opening 15 new stores across the Asia-Pacific region, five locations in Europe and the Middle East, and ...Read more

It’s been five years since Audi introduced the E-tron, during which it’s been known as the E-tron SUV, even as other E-tron models debuted. It didn’t make much sense. It’s like naming your dog Dog.

Given that Audi expects to offer more than 20 battery-electric vehicles (BEVs) by 2026, at which point it plans to no longer market vehicles...Read more

Amid the sea of SUVs in today's market there are a few rebels. With unusual designs, features, accessible pricing and different personalities, they defy convention.

Call them quirkboxes. Two new entries for the 2023 Quirky Qar Qlub are the plug-in hybrid Kia Niro and manual-transmission Volkswagen Golf GTI.

While aimed at different audiences, ...Read more

Sinclair Broadcast Group completed a restructuring Thursday in which it dropped “broadcast” from its name in a bid to highlight its non-broadcast business.

The Maryland-based television station owner finalized the reorganization through a share exchange in which Sinclair Inc. became a public holding company of Sinclair Broadcast Group and ...Read more

The United Auto Workers' bargaining strategy for upcoming contract talks with the Detroit automakers came into sharper focus Wednesday as union leaders spelled out their top priorities.

They are: ending tiered wage and benefit structures; reinstating cost-of-living adjustments; and securing stronger job protections. The UAW's top five leaders ...Read more

The U.S. Supreme Court has ended a six-year fight between unionized Seattle truck drivers and a major local concrete supplier, ruling against the union in a decision that may impact organized labor across the country.

In an 8-1 decision, the court found that because the union representing the drivers did not take sufficient precautions to ...Read more

A former Wells Fargo executive agreed to pay a $3 million penalty to settle Securities and Exchange Commission charges that she misled investors.

From 2014 to 2016, Carrie Tolstedt publicly endorsed a key Wells Fargo metric that measured the bank’s financial success, according to the SEC. But the metric was inflated by accounts and services ...Read more

A bipartisan California bill that would require big technology companies to pay publishers for using news reports that help drive their profits passed the state Assembly, despite a threat this week from Facebook parent Meta that the law would spur it to remove news articles from its platforms.

The state Assembly voted 46-6 to pass AB 886, the ...Read more

When Teslas are in self-driving mode, they've been recorded crossing into oncoming traffic and hitting parked cars. But what would happen if an 80,000-pound, 18-wheel driverless truck suddenly went off the rails?

That's an experiment some California legislators aren't ready to run. They argue that the state Department of Motor Vehicles has so ...Read more