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Average mortgage rate ticks up for second straight week

WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to their lowest level in nearly a year. The average long-term mortgage rate rose this week to 6.34% from 6.3% last ...

Walmart plans to remove artificial colors and other food additives by 2027

NEW YORK (AP) — Walmart said Wednesday that it plans to remove synthetic food dyes and 30 other ingredients, including some preservatives, artificial sweeteners and fat substitutes, from its store brands sold in the United States by January 2027. The move announced by the the nation’s ...

Electronic Arts’ buyout is valued at $55 billion

NEW YORK (AP) — In what could become the largest-ever buyout funded by private equity, video game maker Electronic Arts has agreed to be acquired in a deal valued at $55 billion. Beyond the potentially record-breaking price tag, the deal could bring wider shifts in the gaming world. ...

All dressed up

HOUGHTON — About 4,000 students dressed up and made their way into Michigan Technological University’s Student Development Complex on Tuesday to make their best impressions to more than 350 employers with over 1,000 recruiters for Tech’s Fall Career Fair. Employers filled two ...

Amazon to pay $2.5 billion to settle FTC allegations

SEATTLE (AP) — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online retail giant tricked customers into signing up for its Prime memberships and made it difficult for them to cancel after doing so. The Seattle company will pay $1 ...