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Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks

Reporter USJuly 2, 2026

The average long-term U.S. mortgage rate fell this week to its lowest level since mid-May, easing borrowing costs for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate fell to 6.43% from 6.49% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average rate was 6.67%. Despite the modest decline from last […]

Tesla sales rose last quarter in a possible sign the worst of the Musk backlash is behind it

Reporter USJuly 2, 2026

NEW YORK — Tesla car sales rose over the past three months for the second straight quarter in a sign the worst of the damage from boycotts and rivals stealing market share could be behind it. The electric vehicle maker run by Elon Musk reported Thursday that it delivered 480,126 of cars, much higher than […]

Top EU court dismisses Google appeal of $4.5 billion antitrust fine

Reporter USJuly 2, 2026

BRUSSELS — Judges at the European Union’s top court dismissed an appeal by Google over a landmark, 4.1 billion euro ($4.5 billion) antitrust fine imposed for throttling competition and reducing consumer choice through the dominance of its mobile Android operating system. The case has been tangled up in courts since the European Commission announced the […]

U.S. filings for jobless aid fall to 215,000 as layoffs remain at historically healthy levels

Reporter USJuly 2, 2026

WASHINGTON — U.S. applications for jobless aid inched down last week as layoffs remain at historically healthy levels. The number of Americans filing for unemployment benefits in the week ending June 27 fell by 1,000 to 215,000, the Labor Department reported Thursday. That’s fewer than the 225,000 new applications forecast by analysts surveyed by the […]

Trump Accounts launch July 4, giving newborns ,000. Here’s what to know

Trump Accounts launch July 4, giving newborns $1,000. Here’s what to know

Reporter USJuly 2, 2026

WASHINGTON — On Saturday, President Donald Trump’s administration plans to launch Trump Accounts, tying the 250th anniversary of the signing of the Declaration of Independence to an effort to boost financial independence for American kids. Under the program, parents can open investment accounts for any child born during Trump’s second term and automatically receive $1,000 […]

Wall Street quietly mixed as chip companies continue to lose ground following Wednesday’s sell-off

Reporter USJuly 2, 2026

Wall Street was mixed in light trading early Thursday as chip stocks fell further and oil prices dipped near their levels before the Iran war began. Futures for the S&P 500 were unchanged before the opening bell, while Dow Jones Industrial futures inched up 0.2%. Nasdaq futures were off 0.4%. Most chipmakers were down modestly […]

Merz unveils sweeping reform push for Germany: Tax cuts, pension overhaul and new sick leave rules

Reporter USJuly 2, 2026

BERLIN — German Chancellor Friedrich Merz and his government coalition partners presented a comprehensive reform package Thursday with the goal of getting the country’s sluggish economy back on track. The 34 measures include cuts to income tax for low- and middle income families, an overhaul of the creaking pension system, tougher rules for employees’ sick […]

South Korea disputes US congressional report claiming discrimination against Seattle-based Coupang

Reporter USJuly 2, 2026

SEOUL, South Korea — South Korea’s government on Thursday disputed a U.S. congressional report accusing Seoul of discriminating against Coupang, a U.S.-listed electronic commerce giant that was hit with a record 625 billion won ($403 million) fine in June over a massive data breach affecting millions of South Korean customers. South Korea Foreign Ministry spokesperson […]

India’s Modi and Japan’s Takaichi expand defense and economic security ties

Reporter USJuly 2, 2026

NEW DELHI — Japan and India announced a series of agreements to deepen cooperation in defense, economic and maritime security following talks Thursday between Indian Prime Minister Narendra Modi and Japanese counterpart, Sanae Takaichi. Speaking after the meeting in New Delhi, Modi said India and Japan will collaborate on naval radio antenna systems, and adopted […]

UPS never required detailed inspection of part that failed before engine flew off plane that crashed

Reporter USJuly 2, 2026

UPS never required the detailed inspections needed to spot the problem that led to an engine to fly off one of its planes before it crashed even after Boeing recommended it years earlier, according to new documents posted Wednesday by crash investigators. But UPS said in its own submission to the National Transportation Safety Board […]

Sen. Bernie Sanders says he encouraged Graham Platner to step aside

Who will replace Graham Platner if he drops out? Here’s how Democrats could pick a new Maine Senate nominee.

Federal prosecutors in Los Angeles announce charges against Indian organized criminal group “Bishnoi”

Senate GOP leaders say they’ve spoken with Mitch McConnell as speculation about his health continues

Rahm Emanuel expected to say Israel needs “need significant changes and a new direction” in Tel Aviv speech

7/6: CBS Evening News – CBS News

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Category: Business

Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks

Tesla sales rose last quarter in a possible sign the worst of the Musk backlash is behind it

Top EU court dismisses Google appeal of $4.5 billion antitrust fine

U.S. filings for jobless aid fall to 215,000 as layoffs remain at historically healthy levels

Trump Accounts launch July 4, giving newborns $1,000. Here’s what to know

Wall Street quietly mixed as chip companies continue to lose ground following Wednesday’s sell-off

Merz unveils sweeping reform push for Germany: Tax cuts, pension overhaul and new sick leave rules

South Korea disputes US congressional report claiming discrimination against Seattle-based Coupang

India’s Modi and Japan’s Takaichi expand defense and economic security ties

UPS never required detailed inspection of part that failed before engine flew off plane that crashed

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