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The US 30-year mortgage rate reached 7.49%, its highest level in nearly three years, while mortgage applications reportedly fell 4.2%.
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France is considering additional short-term borrowing after bond-market turmoil. The move could improve near-term flexibility but increase refinancing risk and future interest costs.
The Dow fell 500 points while the S&P 500 and Nasdaq retreated from records as rising Treasury yields and rebounding oil prices pressured stocks.
The Jaguar Type 01 marks a radical all-electric reset for the brand. Its dramatic design may attract attention, but quality, pricing, reliability, and ownership support will determine its success.
Microsoft’s San Francisco event links Surface hardware, Windows, and local artificial intelligence, but available reports do not confirm specific products, prices, or release dates.
Tony Fadell’s critique of early AI gadgets reveals why novelty, slow performance, weak use cases, and smartphone competition undermined the first wave.