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Business

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US mortgage rates rise for second week, adding pressure on buyers
Average US rate on 30-year mortgage rises slightly for second week

WASHINGTON, D.C.: The cost of borrowing for a home in the U.S. ticked up again this week, marking the second straight increase as homebuyers...

Apple TV+ bleeds $1 billion annually in costly streaming push
Apple losing over $1 billion a year on streaming service, report says

CUPERTINO, CALIFORNIA: Apple's ambitious foray into streaming is proving costly, with the company reportedly losing over US$1 billion...

Gold rally gains momentum as Citi lifts target to $3,200
Citi hikes gold price target for next 3 months to $3,200 per ounce

NEW YORK CITY, New York: Gold's record-breaking rally is expected to continue, with Citi Research increasing its three-month price...

Data center safety system nearly sparked US power crisis
Big Tech's data center boom poses new risk to US grid operators

BOSTON, Massachusetts: A routine safety mechanism at data centers nearly triggered a regional power crisis last summer, highlighting...

Air France unveils luxury first-class suite to lure elite travelers
Air France renews first-class suites in battle for high-rollers

PARIS, France: Air France is making a bold bet on luxury travel with the launch of an upgraded first-class suite, aiming to attract...

US homebuilding, manufacturing jump in February, but tariff costs loom
US homebuilding, manufacturing surge; tariffs cast pall over recovery

WASHINGTON, D.C.: U.S. home construction and manufacturing activity surged in February, but rising costs from tariffs and economic...

Phoenix

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USDA pledges $100 million for bird flu research, vaccine development
USDA to invest up to $100 million in projects to combat bird flu

WASHINGTON, D.C.: The U.S. Department of Agriculture (USDA) has announced plans to invest up to US$100 million in research to develop...

US factory output rises in February, led by auto rebound
US manufacturing output accelerates in February

WASHINGTON, D.C.: U.S. factories ramped up production in February, with a sharp rebound in motor vehicle output helping to drive manufacturing...

Suns coach Mike Budenholzer finally faces Bucks
Suns coach Mike Budenholzer finally faces Bucks

(Photo credit: Kirby Lee-Imagn Images) Mike Budenholzer guided the Milwaukee Bucks to the 2021 NBA title and was fired two years...

Spurs look to maintain momentum against Raptors
Spurs look to maintain momentum against Raptors

(Photo credit: Dustin Safranek-Imagn Images) The San Antonio Spurs will go for their third consecutive win on Sunday night when they...

Report: Anthony Davis could return during Mavs' road trip
Report: Anthony Davis could return during Mavs' road trip

(Photo credit: John Hefti-Imagn Images) Anthony Davis is 'in increasingly strong contention' to return during the Dallas Mavericks'...

Celtics, Blazers on 4-game win streaks entering clash
Celtics, Blazers on 4-game win streaks entering clash

(Photo credit: Troy Wayrynen-Imagn Images) Two of the hottest teams in the NBA will fight for a fifth straight victory when the Portland...