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US News

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Mortgage refinance demand drops 18%

TazaPulseMay 27, 2026

Homes in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty Images Mortgage rates continued their climb last week, making it harder for current homeowners to save on a refinance. Potential homebuyers also pulled back a bit, causing total mortgage application volume to drop 8.5% last week compared with...

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SpaceX-Tesla merger chatter reignites as Musk rocket company nears IPO

TazaPulseMay 27, 2026

As Elon Musk prepares to lead a second trillion-dollar company into the public market, a move that will likely put him in charge of two of the 10 most valuable U.S. enterprises, chatter is building that Musk’s ultimate goal is to combine the entities into one. SpaceX is expected to start trading on the Nasdaq...

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Democratic AGs snub Vance’s White House anti-fraud roundtable

TazaPulseMay 26, 2026

U.S. Vice President JD Vance holds a press conference to discuss “anti-fraud initiatives” in the Indian Treaty Room at the White House complex in Washington, D.C., U.S., May 13, 2026. Evelyn Hockstein | Reuters Democratic state attorneys general declined an invitation to Vice President JD Vance‘s anti-fraud initiatives roundtable at the White House on Tuesday,...

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Wells Fargo to offer mortgage incentives on 3D printed homes with Icon

TazaPulseMay 26, 2026

A version of this article also appears in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. In the race...

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American Airlines picks SpaceX’s Starlink for in-flight Wi-Fi

TazaPulseMay 26, 2026

Anadolu | Anadolu | Getty Images American Airlines plans to outfit more than 500 of its narrow-body aircraft with Starlink, handing another win to Elon Musk‘s SpaceX unit that has made inroads with major carriers for in-flight Wi-Fi. American was evaluating Starlink and Amazon Leo as recently as March for the service. The airline announced...

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Dropbox CEO Drew Houston to step down after 19 years at cloud pioneer

TazaPulseMay 26, 2026

Drew Houston, chief executive officer and co-founder of Dropbox Inc., smiles during The Wall Street Journal Tech Live conference in Laguna Beach, California, U.S., on Tuesday, Oct. 22, 2019. Martina Albertazzi | Bloomberg | Getty Images Drew Houston founded Dropbox nearly two decades ago out at age 24, eventually becoming a household name in Silicon...

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Eli Lilly stock edges higher as company plans nearly $4 billion in vaccine deals

TazaPulseMay 26, 2026

Eli Lilly on Tuesday announced plans to acquire three companies for almost $4 billion in cash, as it looks to expand its research and development business into infectious diseases. The company said it had agreed deals to buy Curevo, LimmaTech Biologics and Vaccine Company for $1.5 billion, $780 million and $1.55 billion, respectively. Shares of...

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Oil prices fall after Trump says Iran talks ‘constructive’

TazaPulseMay 25, 2026

An Iranian flag flutters in the wind as ships remain anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Majid Saeedi | Getty Images News | Getty Images Crude oil prices fell more than 4% on Sunday, after President Donald Trump indicated that talks with Iran to reopen the Strait...

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What’s the right S&P sector for SpaceX?

TazaPulseMay 25, 2026

SpaceX is on the verge of going where no initial public offering has ever gone before. The company, created and led by Elon Musk, is targeting a stratospheric valuation of $1.75 trillion on the Nasdaq Stock Market. SpaceX may be fast-tracked into broadly held indexes like the Nasdaq 100 and S&P 500 at light speed....

How one medical supply CEO is navigating the oil price shock

TazaPulseMay 24, 2026

A few months ago David Navazio, founder and CEO of medical supply company Gentell, had never heard of the Strait of Hormuz. But now, the narrow waterway thousands of miles away from the company’s headquarters in Yardley, Pennsylvania, is impacting the company’s operations in more ways than one. Chief among them is price, with Gentell...