During the first week of July, mortgage applications to purchase a home or refinance a loan were 10 percent fewer than in the week before as the interest rate on a 30-year, fixed-rate loan rose from 6.77 percent to 6.82 percent, the Mortgage Bankers Association (MBA) reported.
For the first time since the COVID War began, more than half of Fortune 100 companies have brought their workers back to central offices full-time, according to a study by real estate firm Jones Lang LaSalle (JLL).
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
The U.S. Department of Labor announced this month that “native-born workers” have accounted for all job gains since January amid historic immigration crackdowns.
The U.S. defense department has awarded contracts to AI developers Anthropic, Google, OpenAI, and Elon Musk’s xAI. Each company signed deals worth up to $200 million each.
Advertising is shifting its emphasis from websites to social media influencers, as we reported in “Artificial Intelligence Eats the Ad Industry” (17 Jun 2025). Unilever, the global conglomerate owning more than 400 brands of consumer products, is using AI to make the most of the transfer.
At Australia’s Monash University, biologists and computer scientists collaborated to create an AI that, in a few seconds, designed a protein that can kill e. coli and other antibiotic-resistant bacteria.
Media companies are tired of having their websites scraped and rescraped and they’re reaching for new tools to stop the bleeding.
“Vibe coding” is dramatically reshaping the coding profession. In vibe coding, a person tells an AI in conversational language what he or she wants an app or software program to do.
A newly released study that examined the health outcomes of people who lived near a nuclear waste site in Missouri that was produced during the Manhattan Project found that they had a higher risk of cancer than the general public.