Mortgage rates drop to lowest rate in more than a year

Mortgage rates dropped to the lowest they've been in over a year after reacting to a lower-than-expected jobs report.

Paramount announces layoffs
video

Paramount said its streaming service Paramount+ posted a $26 million profit in the 2nd quarter of this year after losing $424 million during the same period last year. It expects subscriber growth in the second half of the year.

Costco membership card entry scanners spotted in Southern California

Costco first made the announcement in January that card scanners would be installed at store entrances and customers would be required to scan their physical or digital membership card before entering.

Chevron moving California headquarters to Texas

Chevron Corporation on Friday announced it is relocating company’s headquarters from San Ramon, California, to Houston, Texas – the latest in a string of companies to leave the Golden State. 

Intel to layoff roughly 15,000 workers amid revenue slump

Intel Corp. sent a memo to employees on Thursday announcing that the company would be cutting nearly15,000 jobs.