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Salesforce CEO Marc Benioff revealed the software company uses artificial intelligence (AI) technology to perform a good deal of its work. He told Emily Chang, the host of Bloomberg’s "The Circuit with Emily Chang," that AI "is doing 30% to 50% of the work at Salesforce now." The company has been using AI to automate in areas such as engineering, coding and customer service tasks, according to Benioff.The CEO told the outlet he […]

Sam's Club is about a month into delivering "hot baked pizza" to members' doors. The retail giant, owned by Walmart, said it got into the pizza delivery business following member feedback."Since launching pizza delivery in late May, we’ve been encouraged by the strong response from members," a statement from a Sam's Club spokesperson to FOX Business said. "Early performance has exceeded expectations, with robust demand, high repeat order rates, and enthusiastic feedback […]

The U.S. housing regulator directed Fannie Mae and Freddie Mac to consider cryptocurrency as an asset for single-family mortgage loan risk assessments. Federal Housing Finance Agency (FHFA) Director William Pulte said in a social media post on Wednesday that he ordered government-sponsored enterprises, which play a critical role in the home financing industry, to "prepare their businesses to count cryptocurrency as an asset for a mortgage." Pulte said the move aligns with […]

Mortgage rates fell for the fourth consecutive week to the lowest level since early May, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage fell to 6.77% from last week's reading of 6.81%.The average rate on a 30-year loan was 6.86% a year ago.HOUSING CRISIS DEEPENS AS 47 MAJOR METRO AREAS NOW REQUIRE HOMEBUYERS […]