Charday Penn | E+ | Getty ImagesUp to $9 trillion is expected to be passed along to spouses and partners in the coming years as part of what's being called "the horizontal wealth transfer," according to a new report.Over the next 20 to 30 years, aging baby boomers and...
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023.Mike Blake | ReutersCitigroup reported second-quarter earnings before the opening bell Friday.Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Earnings: $1.52 a share,...
The Mar Pietra compound in Delray Beach, Florida, is being offered at $60 million.Daniel PetroniThe owner of a beachfront mansion in Delray Beach, Florida, is looking to shatter a local price record with a home that delivers old-school Italian flair above ground and hidden personality below.While the upper levels...
A sign hangs above a Dollar General store on August 31, 2023 in Chicago, Illinois. Scott Olson | Getty ImagesThe U.S. Department of Labor announced a settlement Thursday with Dollar General, requiring the retailer and its subsidiaries to pay $12 million in penalties and implement significant workplace safety improvements in...
The Paris 2024 logo, representing the Olympic Games is displayed near the Eiffel Tower three months prior to the start of the Paris 2024 Olympic and Paralympic games on April 21, 2024 in Paris, France. Chesnot | Getty ImagesFor more than 10,000 Olympic athletes, making it to Paris this...
Oscar Wong | Moment | Getty ImagesThere may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the past two months.Banks involved in the mess caused by the collapse of fintech intermediary Synapse have made progress piecing together account information for...
Roger Goodell, Commissioner of the NFL, after the morning-session at the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho.Kevork Djansezian | Getty ImagesThe National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger...
Volkswagen-owned Audi has struck a multiyear partnership with Inter Miami CF as the team's official automotive partner.Courtesy: AudiAudi is driving up its sports investments and becoming the official automotive partner of Inter Miami CF.The Volkswagen-owned company announced Thursday it has struck a multiyear partnership with the South Florida soccer...
The Olympic Rings being placed in front of the Eiffel Tower in celebration of the French capital won the hosting right for the 2024 Summer Olympics.Sopa Images | Lightrocket | Getty ImagesSportsbooks and daily fantasy operators are preparing for a Summer Olympics bump.The games in Paris, set to start...
Sopa Images | Lightrocket | Getty ImagesPfizer on Thursday said it will move forward with a once-daily version of its weight loss pill, danuglipron, after it saw "encouraging" data in an ongoing early-stage study. The company evaluated several once-daily formulations of the drug and identified one with "the most...