Mortgage rates increased last week, with the average 30-year fixed-rate mortgage rising to 6.85%, the highest since June 2025. This rise led more borrowers to seek adjustable-rate mortgages (ARMs), whose share of total mortgage applications climbed to 8.5%, the highest since June. ARMs offer lower initial rates, with the 5-year ARM rate falling to 5.82%. Overall mortgage applications dropped 2.7%, mainly due to a 6% decline in refinance requests. Investors await upcoming inflation data that could influence rates further.
SuperX AI Technology Limited announced a $20 million share repurchase program authorized in August 2026, aiming to buy back shares over the next year. On September 8, 2026, it repurchased 119,360 shares at an average price of $7.77 each. The company ...
In early September 2026, two SanDisk insiders disclosed selling nearly $12 million worth of shares, a significant increase compared to previous months this year. Chief Legal Officer Bernard Shek sold 2,308 shares for $4.08 million, marking his larges...
Two dog supplements from New York-based Fi have been recalled due to potential salmonella contamination linked to an ingredient from the manufacturer. The affected products, Fi Calming supplement and Fi 8-in-1 Formula supplement, were sold directly a...
Chime Financial announced it will acquire its long-time banking partner Stride for $590 million in cash, a deal expected to immediately increase Chime's earnings per share. The acquisition, valued at about 1.5 times Stride's tangible book value, will...
Aurora Cannabis has named Faris El Refaie as Executive Vice President, Global Commercial, starting September 28, 2026. This new role aims to enhance Aurora's medical cannabis market strategy and expand its presence across Canada, Europe, Australia, N...
