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Categories Business

Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller

Author May 3, 2024

Strong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again. Home prices in

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Categories Business

Dave & Buster’s to let players bet against each other on arcade games

Author May 3, 2024

Arcade giant Dave & Buster’s is set to allow adults 18 and older to place real-time bets with friends on arcade games. The

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Categories Business

Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt

Author May 3, 2024

Peloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay off 15% of its staff because it

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Categories Business

Google lays off hundreds of ‘Core’ employees, moves some positions to India and Mexico

Author May 3, 2024

Just ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200 employees from its “Core” teams, in a

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Categories Business

Johnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.

Author May 3, 2024

Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the thousands of

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Categories Business

Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald’s

Author May 2, 2024

It’s finally here: the long-predicted consumer pullback. Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on Wednesday.

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Categories Business

Private payrolls increased by 192,000 in April, more than expected for resilient labor market

Author May 2, 2024

Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor

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Categories Business

DJT shares close down more than 9% as Trump Media hot streak stalls

Author May 2, 2024

Trump Media shares dropped sharply Wednesday, closing down by more than 9.5%. Trump Media, which trades under the DJT ticker, closed at $45.16 per share, a

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Categories Business

Trump tariffs, tax cuts and interest rates likely to fuel inflation, Wall Street and economists agree

Author May 2, 2024

Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe Biden for creating. “I call

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Categories Business

Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square

Author May 2, 2024

Federal prosecutors are digging into internal practices at Block, the financial technology firm launched by Twitter co-founder Jack Dorsey, discussing with a

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