Apollo Global's chief economist Torsten Sløk predicts that the Federal Reserve will not cut rates in 2024, as growth and inflation pressures persist.
Today's mortgage rate for a 30-year fixed-rate mortgage is 6.875%, and it's important to compare lenders for the best deal and to check today's rate before applying for a loan.
Anheuser-Busch InBev, the parent company of Bud Light, reportedly lost over $1 billion in sales, primarily due to a decline in volume caused by their ill-received advertisement featuring transgender influencer Dylan Mulvaney, resulting in a boycott against the brand.
Despite Tesla's dominant position in the electric vehicle industry, startups like Dunamis Charge are looking to disrupt the market by addressing affordability and accessibility barriers, while established companies like BP and Ford are partnering with Tesla to expand their own charging networks.
Toyota is recalling 381,199 Toyota Tacoma trucks with model years 2022 and 2023 in the US due to a brake performance issue that poses a crash risk, marking the automaker's third recall in a month.
Meta, the parent company of Facebook, has announced that it will scrap Facebook's news feature for users in the US and Australia, citing a decline in user engagement and a desire to focus on other areas of the platform, which has sparked criticism from lawmakers and media advocates.
Dell Technologies has surged 25% and reached a record high after an optimistic annual forecast, indicating that the company is benefiting from the AI boom and the rising adoption of AI is driving gains in enterprise technology vendors.
Alphabet Inc. investors are concerned about the company's ability to succeed in artificial intelligence, as evidenced by the recent $80 billion drop in market value following missteps with Google's flagship AI product.
Advanced Micro Devices (AMD) has reached a $300 billion market valuation and Dell has received new orders for one of its chips, leading both companies' stocks to surge in pre-market trading due to the ongoing AI rally.
Fubo CEO David Gandler criticizes a planned sports bundle supported by Disney, Fox, and Warner Bros. Discovery, accusing the companies of engaging in "borderline racketeering" and filing a lawsuit against them.
The ransomware attack on Change Healthcare, the largest health care payment processor in the US, is considered the most serious incident of its kind and has had a devastating impact on the entire health care system, hindering operations for small and midsize health care providers.
Toyota believes that electric vehicles (EVs) will only make up 30% of the US new-vehicle market in 2030 and plans to focus on customer demand for varying degrees of "electrification," such as hybrids, instead of wasting money on EVs, according to Toyota CEO Ted Ogawa. The company is open to buying credits to meet EPA regulations rather than investing in EVs, and it is currently building a battery complex for EVs and hybrids in North Carolina. EVs accounted for less than 1% of Toyota's total sales last year.
A viral video of a woman fighting over a window shade on a plane raises questions about comfort and courtesy for travelers during spring break.
Digital World Acquisition Corp. has amended its filing with the Securities and Exchange Commission to disclose new lawsuits and changes to its bylaws, as well as extending the deadline for its merger with Trump Media and Technology Group; meanwhile, former DWAC chairman and CEO Patrick Orlando has filed a lawsuit seeking to block the deal unless he receives a larger number of shares.
Xcel Energy is cooperating with investigators in the Texas wildfire investigation after a downed utility pole was identified as a possible cause of the fire, which has burned over 1 million acres.
Tampa residents will need an income of $116,329 to afford a home, which is nearly 50% more than in 2020, according to a Zillow report.
FuboTV CEO David Gandler criticizes Walt Disney, Fox, and Warner Bros. Discovery as the sports-first TV-streaming company files a lawsuit against its rivals to block their new sports-streaming joint venture, citing anticompetitive practices and a desire to offer consumers a fair streaming option.
Reddit's upcoming IPO faces the challenge of finding its place in a social media industry dominated by Meta, Alphabet, and Amazon, as it aims to tap into the trillion-dollar digital advertising market.
This text contains a collection of news headlines covering various topics such as female entrepreneurship, hidden cameras in hotel rooms, WNBA drafts, IVF protection, shootings, and more.
Despite the odds of winning being more than 300 million to 1, people are still hopeful as the cumulative winnings for the Mega Millions, Powerball, and SuperLotto Plus jackpots exceed $1 billion, with no Mega Millions winners since December 2021.
FuboTV Inc (NYSE:FUBO) exceeded Q4 guidance with strong subscriber and revenue growth, demonstrating robust performance and progress towards profitability through strategic investments and operational efficiencies.
Small private practices and health-care providers are facing financial pressure and potential closure as crucial reimbursement systems remain down for the ninth day following the cyberattack on Change Healthcare, leaving them unable to check patients' eligibility for treatment or receive reimbursements from insurers.
Morristown Medical Center has once again been ranked as the top hospital in New Jersey according to Newsweek's 2024 World's Best Hospitals list.
Hedge fund manager Kyle Bass is focusing his investments in real estate in Florida, Texas, and Tennessee to take advantage of the internal migration in the US, as Americans move from expensive areas to more affordable ones with lower taxes, attracting businesses and population growth.
Employees are no longer interested in traditional office perks and instead prioritize flexible work, equitable pay, and a focus on humanity in the workplace.
Google is facing backlash for bias against White people in its AI tool Gemini, with CEO Sundar Pichai calling the generated images "completely unacceptable," but critics argue that the problem is deeper, involving political bias and censorship.
Plug Power's shares fell in premarket trading after the company reported disappointing 2023 results, including widened net losses and a drop in revenue, but stated that it has resolved its "going concern" issues.
Over 102K bottles of Heritage Store Hydrogen Peroxide Mouthwash are being recalled due to a violation of child-resistant packaging requirements, posing a risk of poisoning if consumed by children.
Janet Yamanaka Mello, dubbed the "Gucci Goddess," pleaded guilty to fraud and tax charges after embezzling $108 million from the US Army and using the funds to live a lavish lifestyle, including purchasing luxury homes, cars, and handbags.
More than two-thirds of California business owners are considering moving their operations to other states due to high crime rates, high taxes, and anti-business policies, with Texas, Florida, and Nevada being top choices.
The cost to witness the upcoming total eclipse in the US is already soaring, with exorbitant prices for accommodations and flights along the path of totality.
Semiconductor giant AMD's stock reaches a market cap of $300 billion due to optimism for semiconductor stocks in the AI market, with the company's strong momentum in AI computing making it well positioned for long-term growth.
Elon Musk has filed a lawsuit against OpenAI, accusing the organization, its co-founders, and associated entities of deviating from its non-profit mission and prioritizing profits, especially in its partnership with Microsoft for commercializing its AGI research.
A teen from Illinois became a social media influencer at age 14 and used her earnings to invest in index funds and purchase stocks, allowing her to buy her first car, a Tesla, at 17 years old and earn over 6-figures in returns.
Global carbon pollution from energy reached a record high in 2023 due to increased fossil fuel use in countries with limited hydropower production, highlighting the need for substantial cuts in emissions to meet climate targets, according to an IEA report.
A recent study in the United Kingdom found that implementing a four-day workweek led to increased productivity, happier employees, and lower turnover rates, with 51% of companies making it a permanent change and 89% continuing the structure after one year.
The Consumer Financial Protection Bureau is aiming to implement regulations that would remove medical bills from consumer credit reports, a move that could alleviate financial burdens for Americans burdened by medical debt.
The number of people with seven figures in their 401(k) accounts increased by 20% from September to December 2021, indicating the success of long-term savings and investment strategies.
Alphabet is positioned as the company best suited to benefit from the demand for generative artificial intelligence (AI) due to its integration of machine learning into core products for over two decades.
China's factory activity contracted for the fifth consecutive month in February, indicating ongoing weak demand as a hurdle for the economy, leading to potential policy support from fiscal and monetary policymakers.
BBC Studios has acquired ITV's shareholding in their joint venture streamer, BritBox International, for £255 million ($322 million), making it the largest single transaction for the BBC's commercial wing and valuing BritBox International at over £500 million.
SoundHound's stock experienced a significant increase after Nvidia's announcement of buying shares, but its Q4 sales and earnings miss resulted in a 21% decline in after-hours trading; analysts project a downside potential of 30.3% for the stock.
New York Community Bancorp (NYCB) spooked investors with several announcements including a surprise net loss, the identification of material weaknesses in internal controls, and the retroactive booking of a $2.4 billion goodwill impairment charge, causing shares to plummet 20% in after-hours trade.
Meta plans to remove the news tab on Facebook in the U.S. and Australia, citing a drop in usage and a desire to focus on other products and services that users value more.
Opponents and supporters fiercely debated the planned $15 congestion fee to enter Manhattan below 60th Street, with critics arguing it would burden working-class drivers and lack exemptions for certain groups, while advocates argued it would provide necessary funds for improvements and reduce pollution.
A cyberattack on the health technology provider Change Healthcare, a subsidiary of UnitedHealth Group, is causing hospitals and pharmacies nationwide to be unable to get paid and patients to be unable to access prescriptions.
AMC Theatres CEO Adam Aron announced that the success of Taylor Swift's "The Eras Tour" and Beyoncé's "Renaissance: A Film by Beyoncé" were responsible for AMC's increased revenue and EBITDA, surpassing last quarter's offerings by major competitors.
Facebook will be deprecating its Facebook News feature in the US and Australia in April 2024, as the number of users accessing news content on the platform has dropped significantly, but this change will not affect Meta's other products and services or existing agreements with news publishers.
New York Community Bank reports $2.4 billion in additional losses and the resignation of its CEO, while also disclosing "material weaknesses" in internal controls.
The heirs of Walt and Roy Disney have publicly announced their support for Bob Iger, rejecting the proxy fight being pursued by activist investors and calling them "hedge-fund-backed opportunists" who are not interested in preserving the Disney magic.