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The average interest rate on a home equity line of credit (HELOC) has slipped below 7.5% nationwide, according to analytics firm Curinos, as lenders reset pricing to the new prime rate of 6.75%. Curinos’ latest weekly data put the typical HELOC rate at 7.44% for applicants with a credit score of at least 780 and […]
Australian authorities say two gunmen opened fire on a Hanukkah celebration at Bondi Beach in Sydney on Sunday evening, killing at least 15 people and wounding dozens more in what officials have labeled a terror attack aimed at the Jewish community. New South Wales Police reported that one suspected shooter died at the scene while […]
Billionaire philanthropist MacKenzie Scott disclosed on Tuesday that she awarded $7.17 billion in unrestricted grants to approximately 225 nonprofit organizations during 2025. The latest round of contributions raises her publicly reported charitable outlays to $26.3 billion since she began detailing her philanthropy in 2019. Scott published the figures in a personal essay that emphasized the […]
The prospect of mandatory office attendance is once again at the center of workplace planning across the United States, and many remote workers are weighing whether their budgets can sustain a major change in routine—or a potential job change. The conversation has sharpened in recent months as large companies and the federal government tighten requirements […]
Activist investment firm Starboard Value has disclosed an ownership stake of approximately 4.9% in Clearwater Analytics Holdings and is calling on the software provider to conduct a broad review of strategic alternatives, including a potential sale. The announcement, made on December 9, follows reports that Clearwater has received unsolicited interest from multiple buyers and has retained […]
Wall Street strategists are entering 2026 with a notably constructive view on U.S. equities, encouraged by the Federal Reserve’s first interest-rate reduction since the tightening cycle began and by fresh record highs for both the S&P 500 and the Dow Jones Industrial Average in the same week. Policy Shift Sets the Tone The Federal Open […]
Thousands of federal student loan borrowers continue to shell out more than they have to because they are unaware of the U.S. Department of Education’s income-driven repayment plans and loan-forgiveness programs, according to recent survey data and financial advisors. The Institute for College Access & Success (TICAS) surveyed more than 1,000 self-identified federal student loan […]
OpenAI has eliminated a compensation rule that previously required new employees to remain at the company for at least six months before receiving their first portion of equity, according to people familiar with the matter. The decision was communicated to staff during the past week by Fidji Simo, the organization’s chief of applications, marking a […]
Authorities in Providence, Rhode Island, are conducting an extensive manhunt after a gunman opened fire inside Brown University’s Barus & Holley engineering and physics building on Saturday, 13 December 2025. The attack killed two people and wounded nine others, prompting an immediate campus lockdown that continued into the night. According to city officials, the first […]
Goldman Sachs Asset Management has moved to deepen its role in the exchange-traded fund market by agreeing to purchase Innovator Capital Management, a specialist in “defined outcome” or buffer ETFs, for $2 billion. The acquisition, announced in December, is scheduled to close during the first half of next year, pending customary regulatory approvals. Innovator Capital […]
Less than three weeks before Warren Buffett hands the chief executive role at Berkshire Hathaway to Vice Chair Greg Abel, the conglomerate is implementing a series of management changes that signal a departure from its long-standing decentralized approach. Combs Leaves for JPMorgan Assignment Portfolio manager and GEICO chief executive Todd Combs, 54, will leave Berkshire […]
Santa Clara, Calif. — Nvidia’s dominance in artificial-intelligence hardware continues to strengthen, with the company posting record quarterly figures and maintaining the world’s largest market capitalization, now approaching $4.5 trillion. The chipmaker’s ascent has been powered by a near-1,500% share-price increase since its October 2022 low, a period in which demand for AI accelerators intensified […]