Category: Business

According to rates from the Zillow lender marketplace, mortgage rates are higher this week than last week. The current 30-year fixed rate is up 12 basis points to 6.67% compared to a week ago, the 15-year fixed rate increased by 13 basis points to 6.04%, and the 5/1 ARM is up 38 basis points to

Ambarella, Inc. (NASDAQ:AMBA) reported fiscal second-quarter 2027 revenue of $108.1 million, up 13.2% from $95.5 million a year earlier. Management said edge-AI revenue reached a record, supported by sequential growth across automotive and Internet of Things markets and strong growth from the 5-nanometer CV75 and CV72 systems-on-chip. Profitability presented a more complicated picture. GAAP gross

Bitcoin (BTC-USD) opened at $81,271.92 on Friday, September 4, 2026, 5.1% higher than Thursday’s opening price. As of 7:21 a.m. ET this morning, the price of bitcoin shifted to $81,240.29. Ethereum (ETH-USD) opened at $2,507.70 on Friday, September 4, 2026, up 4.9% from Thursday’s opening price. The price of ethereum moved to $2,522.14 as of

McDonald’s franchises nearly all of its restaurants in the United States, which means franchise operators have a significant say in operational changes. In some cases, for example, they can reject deal pricing. Usually, when McDonald’s rolls out a promotion such as $2.99 Snack Wraps or $4 breakfast meals, only select franchise operators will not adopt

Costco did not even sell merchandise on its website until 1998, and in those days, the selection was very limited. Sure, Costco Travel lived there, but the website was more about advertising ancillary services such as TurboTax access than about selling anything to members. In recent years, however, Costco has offered a greatly expanded selection

The breakfast dining sector has faced financial challenges in 2026, leading dining chains to close locations or, in some cases, file for bankruptcy protection. Franchisees of iconic chain Denny’s, such as DBJ US Corp. in Miami Beach, Fla., have been among the restaurant operators who have filed for bankruptcy. And smaller chains, such as

As parents continue to feel pressures on their household budgets, increasingly skipping specialty clothing stores in favor of one-stop shopping at big-box giants like Target and Walmart, another children’s apparel retailer is closing stores.  Industry data confirms this shift, revealing that mass merchants now capture 80% of planned spending in the back-to-school category, according to

According to rates from the Zillow lender marketplace, fixed mortgage rates are higher than last week. The current 30-year fixed rate rose 18 basis points to 6.55%, the 15-year fixed rate increased by 3 basis points to 5.91%, and the 5/1 ARM fell 48 basis points to 6.26%. Read more: Weekly survey of mortgage lenders

According to average rates from the Zillow lender marketplace, fixed mortgage rates are slightly higher heading into the weekend compared to Friday. The current 30-year fixed rate today, Saturday, August 29, 2026, rose by 1 basis point to 6.55%, the 15-year fixed rate increased by 5 basis points to 5.91%, and the 5/1 ARM fell

Companies worried for years about whether an employee’s password had been stolen. Now they have to worry about AI “workers,” too. Okta (OKTA) reported fiscal second-quarter revenue of $805 million, up 11%, while subscription revenue reached $793 million, up 12%. Remaining performance obligations increased 17% to nearly $4.86 billion. The company boosted its yearly outlook