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Business
Lucky penny leads to lottery windfall of $1 million-plus for Virginia man
A Virginia man found what could possibly be the luckiest penny ever — and won more than a million dollars. Timothy Clougherty of Accomack County, Virginia bought a "$10,000 a…
Pennon £127mn dividend draws political criticism after parasite outbreak
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.South West Water owner Pennon drew instant criticism from…
Renting is slightly cheaper than buying, pushing Gen Z to rent more often than buy
Owning a home is an expensive challenge for Gen Zers and millennials. Renting remains the more affordable option, but in some cases, renting can be just as expensive. On…
THG’s activist investor to vote against chair Charles Allen
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.An activist investor in UK ecommerce company THG said…
Corporate greed is not to blame for high inflation, SF Fed says
President Biden and other Democratic lawmakers have frequently blamed corporate price gouging for chronic inflation that has Americans paying more for everyday necessities.…
Chanel targets property investments as luxury brands vie for prime sites
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Chanel plans to increase its investments in its retail…
Nestlé launches food line targeting Ozempic, other weight-loss drug users
Nestlé is launching a line of food products tailored to people using weight-loss medication in an effort to capitalize on a market expected to reach $30 billion in the next…
Prince Harry fails in attempt to include Rupert Murdoch in phone hacking trial
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Prince Harry has failed to bring Rupert Murdoch into…
Today's mortgage rates hold steady for 30-year terms | May 21, 2024
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the tools and confidence you need to improve your finances.…
Amazon halts orders of Nvidia ‘superchip’ to await updated model
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Amazon’s cloud computing arm has halted orders of…