Starbucks’ new line of olive oil-infused coffee drinks could disrupt the industry, interim CEO Howard Schultz told CNBC’s Jim Cramer on Tuesday. “This is a transformational moment in the history of our company creating a new…
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Business
TD Bank agrees to pay $1.2 billion settlement over alleged role in infamous $7.2 billion Texas Ponzi scheme
TD Bank Group announced Monday that it had agreed to a $1.21 billion settlement relating to its alleged role in a $7.2 billion Ponzi scheme involving disgraced Texas financier Allen Stanford. Under the terms of…
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DeSantis cements takeover of Disney’s special Florida district, and reveals clash with company
As Florida Gov. Ron DeSantis signs into law a bill stripping Disney of its longtime self-governing status in the state, his new book reveals he warned the entertainment giant about its political activities. In “The…
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After briefly spiking amid pandemic lockdowns, the rate of U.S. homeownership has stabilized at approximately 66%, a solid increase from the post-Great-Recession-low of 63% reached in 2016. Yet over the past decade, the gap in…
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Business
More Americans are counting on their tax refunds to help them stay afloat this year as inflation lingers
Even as experts say tax refunds are likely to be smaller this year compared with other pandemic years, nearly half of all Americans now say their tax refund will be critical to their household finances.…
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Delta Air Lines pilots on Wednesday approved a new contract that includes 34% raises over four years and other improvements as the industry faces a protracted shortage of aviators and strong travel demand. Delta and the pilots’ union had reached a…
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Mortgage rates moved higher again last week, pushing buyers back to the sidelines just as the spring housing market is supposed to be heating up. Mortgage applications to purchase a home dropped 6% last week…
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Nissan is recalling at least 712,458 vehicles in its Rogue line over an issue with malfunctioning car keys that can inadvertently cause engines to shut off. The recall affects “S” grade trim level Nissan Rogue…