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PepsiCo said Thursday its push to make snacks more affordable is bringing customers back, offering an early sign that consumers are starting to return after pulling back in recent years.The company reported stronger-than-expected quarterly results, with both revenue and profit rising. A notable change came in its North American food business, where demand for products like chips and snacks showed early signs of recovery.After a stretch where higher prices weighed […]

Mortgage rates fell this week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage declined to 6.3% from last week's reading of 6.37%. The average rate on a 30-year loan was 6.83% a year ago.MIAMI OVERTAKES LOS ANGELES AND NEW YORK AS WORLD'S RISKIEST HOUSING MARKET FOR BUBBLE RISK"Compared to one year ago when rates were […]

Spirit Airlines is facing renewed financial pressure as rising fuel costs threaten to complicate its efforts to exit bankruptcy, adding uncertainty to its restructuring plan, according to reports. The low-cost carrier, which filed for Chapter 11 bankruptcy protection in late 2024, has been working toward a financial overhaul aimed at stabilizing operations and improving liquidity. But a recent surge in fuel prices – driven by the ongoing war with Iran – […]