Category: Business

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

Nvidia reported earnings on Aug. 26. Wall Street expected it to beat. Bank of America was not particularly interested in that part of the story. The firm’s note, published ahead of the report, was really about one thing: whether the market had correctly priced the scale of what Nvidia has been doing with its balance

Meta Platforms and state attorneys general have held talks about a potential settlement before the trial concludes, in a lawsuit that accuses the company of intentionally building Facebook and Instagram in ways meant to hook teenagers, according to Bloomberg. Entering its second week in federal court in Oakland, California, the trial pits the attorneys general

The fast-food fried chicken space has several contenders vying for the throne. Chick-fil-A has been a market leader, but Popeyes has competed with its once-viral chicken sandwich, while Raising Cane’s has grown quickly, fueled by its cult fanbase and simple menu. It’s an incredibly competitive space where it’s hard to differentiate your product. The chicken