Washington, D.C CNN — Mortgage rates fell slightly this week, as a smaller rate hike by the Federal Reserve signaled promising improvement on inflation. The 30-year fixed-rate mortgage averaged 6.09% in the week ending February 2, down from 6.13% the week before, according to data from Freddie Mac released Thursday. A year ago, the 30-year …
CNN — Let the guessing games begin. Jessica Simpson has released an Amazon original short story titled, “Movie Star: They Always Say They’re Single.” The project describes an encounter Simpson says she had with an unidentified actor she “grew up thinking was so hot.” It all began, she reveals, when she was five days away …
Jessica Simpson reveals secret romance with ‘massive movie star’ Read More »
New York CNN — An unopened first-generation iPhone from 2007 is hitting the auction block Thursday – with an estimated value of $50,000. Originally on sale for $599, the first iPhone offered early Apple adopters a 3.5-inch screen with a 2-megapixel camera, plus 4 GB and 8 GB storage options, internet capabilities and iTunes. It …
A first generation iPhone going up for auction hopes to fetch $50,000 Read More »
London CNN — Europe’s two largest central banks raised interest rates sharply on Thursday, opting for a bigger rise than the US Federal Reserve as inflation in the region remains near historically high levels. The European Central Bank (ECB) and the Bank of England both lifted rates by another half a percentage point. Benchmark interest …
ECB and Bank of England interest rates rise again in fight with inflation Read More »
CNN — A 60-year-old man died following a brawl that broke out on Tuesday night in the town of Alburgh during a middle school basketball game, Vermont State Police (VST) said in a statement Wednesday. Russell Giroux was taken by ambulance to Northwestern Medical Center in St. Albanians where he was pronounced dead, VST said. …
Man dies following brawl at middle school basketball game Read More »
New York CNN — Bugatti sold its last purely gas-powered supercar at a Paris auction Wednesday for more than $10 million, setting a world auction record for a new car. Originally a special development model that was never intended to be sold, the one-of-a-kind Bugatti Chiron Profile sold at RM Paris collector car auction for …
Bugatti just sold its last purely gas-powered car for more than $10 million Read More »
Hong Kong/London CNN — Shell made a record profit of almost $40 billion in 2022, more than double what it raked in the previous year after oil and gas prices soared following Russia’s invasion of Ukraine. Europe’s largest oil company by revenue reported adjusted full-year earnings of $39.9 billion on Thursday — more than double …
Shell posts profit of nearly $40 billion and announces $4 billion in buybacks Read More »
New York CNN — For years, Facebook and its CEO Mark Zuckerberg invested heavily in growth, including in areas like virtual reality with unproven potential. But after a brutal year in which the company lost more than $600 billion in market value, Zuckerberg has started speaking Wall Street’s language — and they are rewarding him …
Meta shares surge nearly 20% as Zuckerberg pledges to make 2023 a ‘year of efficiency’ Read More »
CNN — OpenAI, the company behind ChatGPT, announced on Wednesday it is piloting a $20 monthly subscription plan that offers users Priority access to the AI chatbot even during peak times. The paid plan, called ChatGPT Plus, comes two months after the tool was released publicly and quickly went viral, thanks to its ability to …
ChatGPT creator launches subscription service for viral AI chatbot Read More »
London CNN — Indian billionaire Gautam Adani on Wednesday abandoned a deal to raise $2.5 billion from investors after a week-long meltdown in the value of his logistics and energy business empire that started when an American short seller accused the conglomerate of fraud. The share sale — the largest offering by a company already …
Adani scraps $2.5 billion share sale as the value of his empire collapses Read More »