Mortgage Demand Falls Despite Lower Interest Rates
According to the Mortgage Bankers Association, total mortgage applications fell by 3.9% compared to the previous week.
Category: Global Markets
Ghana’s Inflation Falls to Lowest Level Since 2022
Ghana’s inflation rate dropped to 18.4% in May 2024, down from 21.2% in April. This marks the fifth straight month of falling prices and represents the lowest inflation since February 2022.
Chart Industries and Flowserve Create $19 Billion Industrial Giant
Chart Industries (GTLS) and Flowserve (FLS) announced a huge $19 billion merger on Wednesday. Both companies make industrial equipment and machinery for factories and processing plants.
SpaceX Successfully Launches 23 More Starlink Satellites for Global Internet Coverage
SpaceX launched another batch of Starlink satellites early Tuesday morning to expand its global internet network.
UPS Names Former Sherwin-Williams CEO John Morikis to Board of Directors
UPS has announced that John Morikis will join its Board of Directors right away.
Sanofi Buys Blueprint Medicines for $9.5 Billion to Boost Rare Disease Portfolio
French pharmaceutical giant Sanofi has announced its biggest acquisition of 2025, agreeing to purchase US biotech company Blueprint Medicines for up to $9.5 billion.
Trump’s $1 Billion Mars Mission Plan: Private Companies to Lead Red Planet Exploration
President Donald Trump has announced an ambitious $1 billion plan to send humans to Mars, with private companies taking the lead role in this historic space mission.
Trump Uses Palantir to Build Massive Database on All Americans
President Trump’s government is collecting personal information about every American citizen. They hired a data company called Palantir, owned by billionaire Peter Thiel, to help create this huge database.
Elon Musk Steps Down from Trump Administration
Elon Musk has left his role as a top adviser to President Donald Trump
Salesforce Buys Informatica for $8 Billion to Boost AI Business
Salesforce announced Tuesday it will buy data management company Informatica for about $8 billion. This is Salesforce’s biggest purchase since buying Slack for $28 billion in 2021.