Los Angeles fires could push up rents across the city by 8% or more, expert warns
With thousands of Los Angeles homeowners seeking refuge from the wrath of wildfires, the fallout from the destruction could ...
Sunac China Shares Fall Sharply After Receiving Winding-Up Petition
Shares of Chinese property developer Sunac China tumbled after the company received a winding up petition as the country continues to struggle with its property sector downturn. Shares fell 24% to ...
Supreme Court rejects Trump’s bid to delay sentencing in his hush-money case
A sharply divided Supreme Court on Thursday rejected President-elect Donald Trump’s bid to delay his sentencing in ...
Weimob Shares Slump After Tencent Cuts Stake
Shares of Tencent-backed Weimob fell sharply after the Chinese tech giant cut its stake in the cloud-computing company. Shanghai-based Weimob's shares slid 29% as of midday Friday to 2.27 Hong Kong ...
TikTok ban goes before Supreme Court. Here’s where the app’s $10 billion in ad revenue could go if it dies.
TikTok will be fighting for its life Friday, as the U.S. Supreme Court is due to hear arguments over a bipartisan law that ...
Fed’s Collins says her concerns about labor-market fragility have decreased
The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, ...
Medicare can cover Zepbound for sleep apnea, creating a significant opportunity for Eli Lilly
Zepbound is not covered by Medicare or many other insurance plans as a treatment for weight loss. The injectable treatment ...
Their Social Security benefits were slashed. Now they’re getting hundreds — maybe thousands — of dollars back under new law Biden just signed.
Retired public workers will get check adjustments and retro pay under the recently signed Social Security Fairness Act.
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
The U.S. dollar is likely to keep strengthening this year, so American corporations should increase their hedges against a ...
UBS’s stock hit its highest level in 16 years. The good news is the bank is about to get fined hundreds of millions of dollars.
UBS stock reached a new 16-year high after the Wall Street Journal said the bank is about to get fined hundreds of millions ...
Why two Fed officials doubt the need for many more rate cuts
Two top Federal Reserve officials on Thursday questioned the need for many more interest rate cuts. Fed Governor Michelle ...
Even the house can lose: Why FanDuel owner Flutter took a $370 million hit on NFL games
Flutter said this football season has seen the most “customer-friendly” NFL outcomes since the launch of online sports ...