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Browsing Category
Economy
Credit card delinquencies surged in 2023, indicating ‘financial stress,’ New York Fed says
Adam Gault | OJO Images | Getty ImagesCredit card delinquencies surged more than 50% in 2023 as total consumer debt swelled to $17.5 trillion, the New York Federal Reserve reported…
Harvard-trained nutrition expert: If I could only prioritize one food in my diet, it’d be this
Meat is good for you. There are experts who might disagree with me, and many researchers continue to search for evidence linking meat to heart disease, for example.But as a…
Adam Neumann is trying to buy bankrupt WeWork, DealBook reports
Billionaire Adam Neumann is trying to buy back bankrupt real-estate company WeWork, which he founded in 2010 and was ousted from in 2019, DealBook reported Tuesday.Neumann, his…
Stocks making the biggest moves premarket: Spotify, Eli Lilly, Palantir, UBS and more
Check out the companies making headlines before the bell. Spotify — The streaming stock popped 7.4% after Spotify reported an increase in Premium subscribers — which reached 236…
Bankrupt trucker Yellow repays $700 million Covid loan, Teamsters blast ‘failed executives’
Trucks and trailers sit in a Yellow Corp. facility lot, closed after the freight trucking company ceased all operations, in Las Vegas, Nevada, on July 31, 2023. Patrick T. Fallon |…
Nintendo hikes sales forecast of flagship Switch console to 15.5 million units
Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda.Charly Triballeau | AFP | Getty…
Jim Cramer says there’s money to be made before the Fed cuts rates
CNBC's Jim Cramer on Monday unpacked Federal Reserve Chairman Jerome Powell's comments on inflation, saying that even though it's unclear when rates will come down, there is money…
We hiked our Nvidia price target — encouraged by new highs after Goldman Sachs’ bear case takedown
Just how much bigger will Nvidia get in 2025 has emerged as a key among investors, even as the stock finished Monday at its third consecutive record high close. There are lots of…
Mark Cuban didn’t want to invest in this $2.5 million ‘Shark Tank’ company—here’s what changed…
Mark Cuban didn't want to invest in Genius Litter — until a bidding war between his "Shark Tank" co-stars annoyed him into changing his mind.The Austin, Texas-based company sells…
Russia’s war in Ukraine has had an unlikely consequence — it has revived the EU’s plans to get even bigger
People hold a banner and Ukrainian flags during a rally to mark the one-year anniversary of Russia's invasion of Ukraine on February 24, 2023 in Belgrade, Serbia. As part of the…