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Editor’s Pick
  • Economy
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Categories Editor's Pick

Investors pitch new international basketball league that would offer players equity

Author January 17, 2025

A group of high powered investors want to raise billions to form a new international basketball league, according to people familiar with

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Categories Editor's Pick

American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim

Author January 17, 2025

American Express will pay a total of about $230 million to resolve federal wire fraud investigations, and to settle civil allegations of deceptive

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Categories Editor's Pick

Target says its holiday sales were better than expected — but its profits weren’t

Author January 16, 2025

Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days

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Categories Editor's Pick

JPMorgan Chase posts record profit as the bank’s massive scale pays off

Author January 16, 2025

JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank

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Categories Editor's Pick

Citibank customers report fraud alerts and account access issues

Author January 16, 2025

Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital

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Categories Editor's Pick

Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume

Author January 16, 2025

This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face

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Categories Editor's Pick

Capital One acknowledges ‘outage’ as users report issues accessing deposits

Author January 16, 2025

Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct deposits. In

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Categories Editor's Pick

Disney wins the 2024 box office as year-end receipts offer a welcome boost

Author January 16, 2025

Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket sales were down just

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Categories Editor's Pick

There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon

Author January 15, 2025

The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an impact in

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Categories Editor's Pick

Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

Author January 15, 2025

Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about the

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