A federal jury in New York on Thursday convicted an investor of insider trading in the stock of a shell company ahead of its announcement in October 2021 that it would merge…
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Gold bars are selling like hot cakes in Korea’s convenience stores and vending machines
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Aside from ramen and sausages, South Korea’s convenience stores have a new popular item on the menu — gold bars. The country’s largest convenience store chain, CU, has been collaborating…
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Weekly mortgage refinance demand rose 5% after a slight dip in mortgage rates
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Mortgage rates are significantly higher than they were at the start of this year, but they pulled back slightly last week after several weeks of straight increases. That was enough…
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FTX customers may get their money back, but not gains from crypto price increases
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Some customers of the failed cryptocurrency exchange FTX could receive the full value of the money they lost if a court approves the company’s bankruptcy plan. However, they will not…
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Applebee’s owner plots turnaround to lure back fast-food customers and home cooks
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Applebee’s and IHOP owner Dine Brands thinks its deals can lure away fast-food customers who have grown frustrated with menu prices. As consumers pull back their restaurant spending, Applebee’s and IHOP are fighting against…
LONDON — The Bank of England on Thursday announced a widely expected hold on interest rates as it said restrictive monetary policy was taming inflation, but warned a June rate…
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Ascension Health, largest Catholic hospital chain in the U.S., hit by cyberattack, disrupting patient care
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Ascension Health, the nation’s largest chain of Catholic hospitals, said Thursday it was responding to a cyberattack that was disrupting its operations. In a press release on its website, Ascension…
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Hyundai and Kia unit settles U.S. charges it repossessed service members’ vehicles
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Hyundai’s and Kia’s American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday. According to papers…
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CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze
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A Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards faces a last-ditch effort to stave off its implementation. Led by the U.S. Chamber of Commerce, the…
The 2020 presidential election was one of the closest and most controversial in American history, and preliminary polling suggests that the 2024 rematch between former President Donald Trump and President…