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Investing

LimeWire acquires Fyre Festival, asking ‘What Could Possibly Go Wrong?’

LimeWire, the filesharing service that set the internet ablaze in the 2000s before being shut down for copyright infringement, said Tuesday that…
Investing

Convenience stores are eating fast-food chains’ breakfast

Fast-food restaurants are losing breakfast customers to convenience stores. Morning meal traffic to fast-food chains rose 1% in the three months ended…
Investing

Trump administration ramps up pressure on Labor Department with data probe

The Labor Department has announced an inquiry into the Bureau of Labor Statistics over recent changes to its data practices. In a…
Investing

Apple has survived Trump’s tariffs so far. It might raise iPhone prices anyway.

When Tim Cook gifted President Donald Trump a gold and glass plaque last month, the Apple CEO was hailed by Wall Street…
Investing

Trump family’s American Bitcoin makes stock market debut

Shares in the Trump family’s latest cryptocurrency made its stock market debut Wednesday, triggering more ethical concerns as the Trumps look to…
Investing

Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy

Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary Robert F. Kennedy Jr. will likely link…
Investing

Mortgage rates see biggest one-day drop in over a year

The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the…
Investing

Paramount mandates 5-day-a-week return to office ahead of major cost cuts

David Ellison continues to put his stamp on Paramount after its acquisition by Skydance. The CEO and chairman told employees Thursday that…
Investing

Cash App owner Block pays $40 million in settlement over ‘serious compliance deficiencies’

New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular…
Investing

Retirees ‘stunned’ as market turmoil over tariffs shrinks their 401(k)s

Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their…
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