Mortgage rates are high and housing inventory is tight, but some experts see the market’s deep freeze starting to thaw this spring. Homebuying started to pick up during and after the holidays. Existing home sales…
Business
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Business
Why everyone is suddenly talking about Nvidia, the trillion-dollar company fueling the AI revolution
The business world is increasingly banking on artificial intelligence to be the next big thing, and has found itself turning to one maker of computer chips in particular — Nvidia — to power the revolution.…
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Credit card companies are hiking rates to record highs to pad their profits, according to a government report released Thursday. The share of annual percentage rates (APR) that reflects what card companies charge beyond their…
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The parent company of viral sensation Stanley tumbler quenchers is being sued over claims that it deceived customers over the presence of lead in the products. The suit, filed earlier this month as a potential…
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Until recently, Brooke Benson considered herself a Panera Bread loyalist. For the past 12 years, the 40-year-old Orlando, Florida, resident said she’d make three to four trips there every week — an estimate her husband…
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Justin Perry was planning a one-night stay in London for early February and booked a room on what he thought was his chosen hotel’s website. It was only after getting a reservation confirmation that he…
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The firm formerly known as Toshiba is recalling 15.5 million AC laptop adapters due to the potential for burn and fire risks. The firm, now called Dynabook, said it had received 679 reports of the…
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JPMorgan Chase was sued by customers who accused the largest U.S. bank of having unfairly charged fees when they deposited checks that, through no fault of their own, bounced. In a proposed class action filed on…
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Business
The IRS will pursue business private jet usage in a new round of audits on high-wealth taxpayers
First, there were trackers on Taylor Swift and other celebrities’ private jet usage. Now, there will be more scrutiny on executives’ personal use of business aircraft who write it off as a tax expense. IRS leadership said…
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Capital One’s $35.3 billion deal to buy Discover is a long way from being completed. But consumer advocates and some lawmakers are already raising questions about how the proposed merger could affect credit-card users —…