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LARRY KUDLOW: More on the Bessent economic boom story

LARRY KUDLOW: More on the Bessent economic boom story

Business—

Pardon me from again borrowing from my G20 interview with Treasury Secretary Scott Bessent. Yet I really want to repeat my view that the most powerful news story, however unreported, is the emergence of an economic boom that is now cutting across every sector…

Mortgage rates jump to highest level in over a year

Mortgage rates jump to highest level in over a year

Business—

Mortgage rates rose to the highest level in more than a year, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.71% from…

Zoox launches robotaxi service at Las Vegas airport

Zoox launches robotaxi service at Las Vegas airport

Business—

Zoox announced Thursday that its driverless robotaxis will begin transporting passengers to and from Harry Reid International Airport in Las Vegas, marking the company’s first airport service. The Amazon-owned company told FOX Business that, beginning…

Nvidia to buy AI platform Hugging Face for nearly $13B

Nvidia to buy AI platform Hugging Face for nearly $13B

Business—

Nvidia announced Thursday that it will buy AI developer platform Hugging Face in a deal valued at approximately $12.9 billion. The chipmaker is betting that growing demand for the open-source AI models hosted on Hugging Face will fuel future growth, even as…