Why the Fitch downgrade is just an excuse for stocks to sell off
[ad_1] This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Stocks were […]
Business
Disney boss Bob Iger’s $33M mansion gets mass renovations amid ESPN layoffs
[ad_1] Disney CEO Bob Iger’s sprawling Los Angeles estate has been undergoing mass renovations amid a slew of shocking layoffs of some of ESPN’s top […]
H&M sells $1.70 tops to compete with Chinese company Shein
[ad_1] H&M has slashed prices on some of its clothing to less than $2 to compete with Shein, the Chinese discount e-retail upstart that boomed […]
Supreme Court to decide legality of SEC in-house enforcement
[ad_1] The US Supreme Court on Friday agreed to hear a bid by President Joe Biden’s administration to defend certain Securities and Exchange Commission in-house enforcement […]
Supreme Court’s student loan ruling: NY Times suggests death
[ad_1] You can’t beat death or taxes. But you can avoid having to pay off federal student loans — if the borrower kicks the bucket, […]
Supreme Court’s student loan ruling could cut deficit by $300B
[ad_1] The US Supreme Court’s decision to strike down President Biden’s student debt relief would claw back more than $300 billion in costs associated with the program that were […]
Modelo sales surge amid Bud Light-Dylan Mulvaney controversy
[ad_1] Constellation Brands first-quarter results topped Wall Street expectations on Friday, as the Corona beer maker benefited from higher pricing and steady demand for its alcoholic […]
New York tax revenue falls nearly 20% while Florida, Texas gain
[ad_1] New York state is reeling from a COVID-era exodus to low-tax locales as revenue during this fiscal year is down nearly 20%, according to […]
Fed’s preferred inflation gauge drops to lowest point in 2 years
[ad_1] An inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021, pulled down by […]
Virgin Galactic CEO slams space travel, Titan sub comparison
[ad_1] The chief executive of Richard Branson’s commercial space travel venture Virgin Galactic dismissed comparisons between his company and OceanGate Expeditions, the firm behind the […]