Canadian artificial-intelligence company Cohere’s timeline for going public remains uncertain despite surging revenue, its chief executive…
Day: November 5, 2026
The average US 30-year mortgage rate falls to 7.18% this week, its third straight decline
The average long-term U.S. mortgage rate fell for the third straight week, offering some relief to…
New York’s Strand Bookstore to repay nearly $1.5M after improperly receiving federal loan
The U.S. Department of Justice has announced that New York’s Strand Bookstore will pay nearly $1.5…
Anthropic rapidly accelerating AI development amid slowdown calls, group says
Anthropic is developing its AI systems twice as quickly as last year, despite CEO Dario Amodei’s…
How one bank’s collapse is upending Paraguay, trapping savings and threatening its president
The collapse of Ueno Bank has left savers scrambling for their money and Paraguay’s president facing…
Unemployment claims drop to 189,000, the fewest since mid-July
Fewer Americans applied for unemployment benefits last week as layoffs remain scarce and most workers enjoy…
Wendy’s rejects buyout bid from activist investor and adopts ‘poison pill’ plan
Wendy’s rejected a $1.4 billion buyout offer from an activist investor, saying Thursday that the bid…