Warner Bros. Discovery, ESPN strike College Football Playoff deal
ESPN college football broadcast camera on display prior to the All State Sugar Bowl playoff game between the Texas Longhorns and the Washington Huskies on Monday, January 1, 2024 at Caesars Superdome in New Orleans, LA. Nick Tre. Smith | Icon Sportswire | Getty Images In a move to strengthen its sports offerings, Warner Bros. […]
New energy sources for AI, data centers are vital to U.S. national security
Government must revamp energy policies to keep the nation’s power grid running.
Customers say they can’t access funds
Sarinyapinngam | Istock | Getty Images A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for nearly two weeks, according to recent court documents. Since last year, Synapse, an Andreessen Horowitz-backed startup that serves as a middle man between customer-facing fintech […]
E.l.f. Beauty (ELF) earnings Q4 2024
E.l.f Beauty products. Courtesy: e.l.f Beauty E.l.f. Beauty posted its first billion-dollar fiscal year on Wednesday as sales spiked 77%, but the retailer’s shares fell as it said it expects its growth to slow. The eyes, lip, face company, known for its viral marketing and prowess in winning over younger consumers, issued guidance that came […]
Buy-now-pay-later will be regulated like credit cards under new Biden rule. Here’s what shoppers should know.
The growing number of people who use buy-now-pay-later loans are poised to receive stronger protections when they want their money back, the federal consumer watchdog said Wednesday.
Pfizer announces new cost cutting program
Exterior view of the Pfizer headquarters building on January 29, 2023 in New York City. Kena Betancur | Corbis News | Getty Images Pfizer on Wednesday said it has launched a new multi-year program to reduce costs as it works to rebound from the rapid decline of its Covid business. The announcement is in addition […]
TJX’s stock rises toward a record after earnings, as customers shopped more
TJX’s stock rose toward a record Wednesday after the discount apparel and home fashions retailer beat fiscal first-quarter profit expectations and raised its full-year outlook.
Buy now, pay later firms must comply with U.S. credit card laws
Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the same federal protections as users of credit cards. […]
30-year mortgage rate drops to a seven-week low
Mortgage rates fell for the third week in a row, boosting refinancing activity.
Where U.S. rents are rising
Driven by the work-from-home dynamic, as well as by new migration patterns, both single-family and multifamily rent prices were red-hot during the first years of the pandemic. Now different drivers are pushing some rents higher — and throwing cold water on others. Multifamily rents in April were 0.8% lower than they were in the same […]
