Business

Tesla's (TSLA.O) announcement on Monday that it will seek shareholder approval to increase its share count in order to enable a stock split adds to a recent wave of megacap companies splitting their shares in a bid to attract more…

The U.S. housing market this spring selling season is looking like a multicar collision, a result of powerful forces crashing into each other. The big picture: Interest rates on home mortgages have spiked more rapidly than they have…

Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk is giving "serious thought" to building a new social media platform, the billionaire said in a tweet on Saturday. Musk was responding to a Twitter user's question on whether he would…

The average rate on the 30-year fixed mortgage shot significantly higher Friday, rising 24 basis points to 4.95%, according to Mortgage News Daily. The quicker-than-expected rise in rates has weighed on demand for mortgages and…

Uber on Thursday reached a deal to list New York City taxis on its app. As part of the agreement, two taxi-hailing apps will integrate their software with Uber’s. It marks a significant reversal for Uber, which has faced…