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From ocregister.com By Summer Ballentine, The Detroit News General Motors Co. is recalling more than 67,000 electric vehicles over a software glitch that can cause loss of braking at low speeds. At issue is software that helps prevent slipping by tracking wheel movement. The software does not always correctly interpret wheel movement, which in some […] From ocregister.com By KELVIN CHAN and KAITLYN HUAMANI SAN FRANCISCO (AP) — Anthropic is developing its artificial intelligence systems around twice as quickly as it was a year ago amid the CEO’s calls to slow down the technology’s pace of improvement, according to an analysis released Thursday by an independent monitoring group. Anthropic invited researchers […] From ocregister.com America’s homeowners are sitting on a record $36 trillion of total home equity in the second quarter of 2026, according to the Federal Reserve Bank of St. Louis. The amount of accessible equity hit a record $13 trillion. California homeowners are sitting on $3 trillion or 23% of the nation’s tappable equity. Breaking […] From ocregister.com By MATT OTT, AP Business Writer WASHINGTON (AP) — The average long-term U.S. mortgage rate fell for the third straight week, offering some relief to prospective homebuyers facing higher home prices. The average 30-year fixed-rate mortgage in the U.S. declined to 7.18% from 7.24% last week, mortgage buyer Freddie Mac said Thursday. One […] From ocregister.com By ANNE D’INNOCENZIO, AP Retail Writer NEW YORK (AP) — Amazon is adding a new perk for its Prime members. The Seattle-based online behemoth said Thursday that it has agreed to add Uber Eats to its list of services for Amazon Prime members in the U.S. The service, which will be effective immediately, […] From ocregister.com By WUFEI YU TEMPE, Ariz. (AP) — For three years, Ethan Mock worked part-time at a gym to make ends meet while taking on more than $100,000 in debt to pursue a degree in business administration. Earlier this year — his fifth and final at Northern Arizona University — he began looking beyond […] From ocregister.com By CHRISTINE BENZ of Morningstar People often underestimate some expenses when planning for retirement. In my conversations with older adults about their in-retirement finances, they’ve repeatedly mentioned the cost of dental care. The reasons are straightforward: Our teeth get worse as we age, and yet dental care isn’t covered by Medicare (except for […] From ocregister.com NEW YORK (AP) — More drops for AI chip stocks are dragging the U.S. market lower on Thursday, even as the majority of Wall Street rises following strong profit reports from AppLovin, Tapestry and other companies. The S&P 500 fell 1.2% in early trading, coming off its best day in three months. The […] From ocregister.com By DEE-ANN DURBIN, AP Business Writer Wendy’s rejected a $1.4 billion buyout offer from an activist investor, saying Thursday that the bid was too low, and it adopted a “poison pill” plan that would make it more difficult to engineer a hostile takeover of the company. Noted investor Nelson Peltz made an offer […] From ocregister.com By PAUL WISEMAN, AP Economics Writer WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as layoffs remain scarce and most workers enjoy job security. The Labor Department reported Thursday that 189,000 people sought jobless aid last week, the fewest since mid-July and down from 195,000 the week before. The four-week […] |
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