Rupert Murdoch steps down, Cisco-Splunk deal, mortgage rates rise: Top Stories

Yahoo Finance Video
1 年前

Rupert Murdoch will step down down from Fox (FOX, FOXA) and News Corp. (NWS, NWSA) after 70 years, becoming chairman emeritus of each company. His son, Lachlan Murdoch, will take over as leader of the companies. Tech giant Cisco (CSCO) is buying software company Splunk (SPLK), known for data analytics, for $28 billion dollars. Mortgage rates remain high as housing demand cools, with the average 15-year fixed rate mortgage rate above 6% and the 30-year fixed rate mortgage above 7%.

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