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…
Category:
Editor’s Pick
Target said Wednesday that its customers reduced spending on groceries and home goods as concern about high prices persisted last quarter. The retailer said in its latest earnings report that…
Editor's Pick
The collapse of a fintech firm with 10 million users has left many Americans without access to their money
by
0 comment
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…
Editor's Pick
Federal Reserve minutes indicate worries over lack of progress on inflation
by
0 comment
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to move forward on interest rate reductions. Minutes from…
Editor's Pick
Amazon plans to give Alexa an AI overhaul — and a monthly subscription price
by
0 comment
Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of the technology, according to people with knowledge of…
Sales of previously owned homes fell 1.9% in April from March to 4.1 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. The forecast…
Editor's Pick
Warner Bros. Discovery and ESPN strike 5-year deal for College Football Playoff games
by
0 comment
In a move to strengthen its sports offerings, Warner Bros. Discovery has signed a five-year sublicensing deal with Disney’s ESPN to broadcast first-round and quarterfinal College Football Playoff games. Warner Bros. Discovery’s TNT…
Long-expected layoffs are hitting Pixar Animation Studios today. Pixar will lay off about 175 employees, or around 14% of the studio’s workforce, a spokesperson for parent company Walt Disney told CNBC. The…
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…
Editor's Pick
Supreme Court Justice Samuel Alito sold Bud Light owner’s stock amid boycott
by
0 comment
Supreme Court Justice Samuel Alito sold shares of beer giant Anheuser-Busch as conservatives were ditching the Bud Light brewer over its partnership with a transgender social media influencer. On the same day Alito sold Anheuser-Busch,…