Sainsbury’s today announced it will cut over 3,000 jobs, including 20% of senior managers — a headline we shared among colleagues in the newsroom simply with the comment: “oof.”“Oof” is right. It is a ...

Freddie Mac’s average rate on a 30-year fixed-rate loan dropped below 7% and is averaging 6.96%, a decrease of 0.08 percentage points from a week ago. It’s the first time the rate has moved lower in ...