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  • Investing

    Investors pitch new international basketball league that would offer players equity

    by January 17, 2025
    by January 17, 2025

    A group of high powered investors want to raise billions to form a new international basketball league, according to people…

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  • Investing

    American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim

    by January 17, 2025
    by January 17, 2025

    American Express will pay a total of about $230 million to resolve federal wire fraud investigations, and to settle civil allegations…

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  • Investing

    Target says its holiday sales were better than expected — but its profits weren’t

    by January 16, 2025
    by January 16, 2025

    Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly…

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  • Investing

    Capital One acknowledges ‘outage’ as users report issues accessing deposits

    by January 16, 2025
    by January 16, 2025

    Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct deposits.…

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  • Investing

    Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume

    by January 16, 2025
    by January 16, 2025

    This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt…

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  • Investing

    Citibank customers report fraud alerts and account access issues

    by January 16, 2025
    by January 16, 2025

    Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports…

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  • Investing

    JPMorgan Chase posts record profit as the bank’s massive scale pays off

    by January 16, 2025
    by January 16, 2025

    JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most…

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  • Investing

    Disney wins the 2024 box office as year-end receipts offer a welcome boost

    by January 16, 2025
    by January 16, 2025

    Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket sales…

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  • Investing

    There’s been a ‘meaningful shift’ in CEO confidence since Trump’s election, says Goldman’s Solomon

    by January 15, 2025
    by January 15, 2025

    The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make an…

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  • Investing

    Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

    by January 15, 2025
    by January 15, 2025

    Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed…

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