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Mortgage rates are easing slightly, but homebuyers are retreating

Mortgage rates fell slightly last week, but neither current homeowners nor potential homebuyers were inspired. Demand for mortgages fell overall.

Novo Nordisk rolls out Wegovy pill in the UAE — its first market outside the U.S.

Novo's approach to global launches will be guided by patient demand and the strength of healthcare and telehealth infrastructure, the drugmaker said.

Australia's first-quarter economic growth misses estimates on severe weather, weak demand

The country's GDP expanded 2.5% in the first three months this year, compared to a year earlier, missing economists' expectations for a 2.6% growth.

Palo Alto CEO says customer meeting requests have surged amid AI security concerns

Palo Alto Networks CEO Nikesh Arora said artificial intelligence is increasing demand for cybersecurity solutions.

Will Gen Z be the generation to revive moviegoing?

Gen Zers like affordable, social experiences and are driving demand for anime and video game titles at the theaters.

Trump lays out Iran deal demands, says he's about to make 'final determination'

Russian drone hits apartment block in NATO state Romania; EU prepares fresh sanctions against Moscow

Romania’s president said the collision demands a “firm, coordinated, and appropriate response."

Okta tops first-quarter results on agentic AI demand

CEO Todd McKinnon said Okta is "playing a long game" on AI and is allocating more resources to agentic tools.

Silver could fall further after latest slump, analysts say as they warn of demand destruction

Silver's rally of over 140% last year is deterring buyers in various industries and its elevated price levels are beginning to weigh on demand, UBS said.

Mortgage refinance demand drops 18% as rates hit highest level since August

Mortgage rates rose to the highest level in 9 months, hitting refinance demand hardest. Homebuyers also pulled back but were still more active than last year.

Micron hits $1 trillion market cap for the first time as stock surges 19%

A global memory shortage driven by AI is spiking demand for chipmakers like Micron.