Researchers have begun measuring the impact of legalized sports gambling on American households, and the initial results paint a worrisome picture about how…
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Business News
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Edgar Bronfman Jr.’s offer for a controlling stake in Paramount Global could keep Shari Redstone close to the company, if his bid is successful.…
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Business News
Microsoft plans September cybersecurity event to discuss changes after CrowdStrike outage
Microsoft said Friday it will hold a conference in September for cybersecurity firms to discuss ways the industry can evolve following a faulty CrowdStrike software…
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Federal Reserve Chair Jay Powell said Friday he expects the central bank will cut its key interest rate in the near future…
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Business News
How investors can prepare for lower interest rates: It’s ‘like getting a haircut,’ advisor says
Federal Reserve chair Jerome Powell on Friday gave the clearest indication yet that the central bank is likely to start cutting interest rates, which are…
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Business News
Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company
DETROIT — Ford Motor’s profit engine for decades has been large trucks and SUVs in the U.S. So it might surprise investors that…
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Business News
DOJ sues software firm RealPage for allegedly helping landlords collude to keep rents high
The Department of Justice and eight states on Friday accused software company RealPage of unlawfully scheming to undermine competition among landlords and create a…
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Business News
Walz’s family relied on Social Security when his father died. Many don’t know kids are eligible for benefits.
Minnesota Gov. Tim Walz accepted the Democratic vice presidential nomination at the Democratic National Convention on Wednesday night. In his speech, Walz credited a…
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Business News
Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer
The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go shop” period of…
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Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary market as…