More than half of outstanding mortgages still carry rates at or below 4%, but new buyers face much steeper costs as average payments hit $2,005 per month.
Bloomberg’s Caroline Hyde and Ed Ludlow discuss why Anthropic has rebuffed investors' efforts to back the company with funding that would value it at more than $800 billion. Plus, Meta expands a multi-billion-dollar partnership with Broadcom to design and build custom chips. And ASML, the supplier of cutting-edge chipmaking machines, raises its full-year sales forecast as AI demand fuels growth. (Source: Bloomberg)
