The cost of wholesale goods and services rose at an accelerated pace in January for the second month in a row, suggesting persistent inflation could dog the economy at least through the early part of the new year.
OpenAI's new $730 billion valuation is more than double what it was a year ago, but the company's financials pale in comparison with those of its public peers.
The evidence is patchy on whether lower rates have meaningfully spurred more activity, as the Trump administration floats measures it says will make housing more affordable.
CEO Varun Krishna said his company is poised to post its strongest mortgage loan production in four years after a drop in borrowing costs helped revive demand.
