After rising steadily since January, home prices may now be turning lower again.The latest read on home prices shows they hit another all-time high in July, rising 2.3% from the same month last year, according to Black Knight. That's a bigger annual gain than the roughly 1% recorded in...
Pixelseffect | E+ | Getty ImagesThe unemployment rate for Black workers slipped in August, bucking the broader trend of a higher overall jobless rate.The overall unemployment rate ticked up to 3.8% last month, the highest since February 2022. It came as the labor force participation rate — a measure...
What impact do startups have on the world? Often, a heck of a lot. And when a group of startups works on a similar set of problems, they frequently bring about massive shifts in how day-to-day life is lived. In the case of financial access in Latin America, new...
The New York Post reported Thursday that another senior executive at Goldman Sachs Asset & Wealth Management was considering heading to the exit, with Laurence Stein, executive vice president and chief operating officer of the group, the next potentially to go. The Post’s reporting about Stein comes after months...
Kenneth Branagh stars as Hercule Poirot in 20th Century Studio's "A Haunting in Venice."Disney | 20th Century StudiosTime to pair that pumpkin spice latte with some popcorn. Spooky movie season is officially here.Starting Friday, movie theaters will have a steady stream of jump scares, creepy monsters and gore — and...
A sign is posted in front of a Broadcom office in San Jose, California, June 3, 2021.Justin Sullivan | Getty ImagesCheck out the companies making headlines in midday trading:VMware — The cloud services company slid 2.6%, a day after giving a mixed second-quarter report. While VMware surpassed expectations for...
Cable giant Charter Communications and Disney are in a battle over contract fees that has left millions of people without access to U.S. Open, college football and potentially "Monday Night Football," with the NFL's season starting in just days.On Thursday, Disney said that the two companies have been in...
Elon Musk, founder of SpaceX, left, and Amazon and Blue Origin founder Jeff Bezos.Getty ImagesAn Amazon shareholder lawsuit says the company snubbed SpaceX for valuable satellite launch contracts because of Jeff Bezos' personal rivalry with Elon Musk, who has taunted his fellow billionaire's space ambitions for years.Cleveland Bakers and...
The Amgen logo is displayed outside Amgen headquarters on May 17, 2023 in Thousand Oaks, California.Mario Tama | Getty ImagesThe Federal Trade Commission on Friday said it has reached a deal with drug giant Amgen to allow the company's $27.8 billion purchase of Horizon Therapeutics to move forward. The two...
The August jobs report was another sign that the U.S. labor market is cooling off, though some of the sectors that have fueled the post-pandemic rebound remain strong.The Labor Department said Friday that the economy added 187,000 jobs in August even as the unemployment rate ticked up to 3.8%....