Young adults’ wealth is growing, but they’re still living and spending in the here and now. Many feel they don’t have a choice. The net worth of Americans ages 18-39 surged by 80% from the…
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Business
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Business
Federal regulators are probing whether Cash App leaves door open to money launderers, terrorists
Federal financial regulators are exploring allegations by two whistleblowers that Cash App, the popular mobile payment platform, and entities providing transaction services to its users performed inadequate due diligence on customers, potentially opening the door to…
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Stock markets threw a tantrum Tuesday, posting big losses after slightly hotter-than-expected inflation data stoked worries that interest rate cuts may not be coming soon. But don’t freak out. Markets tend to overreact. January’s consumer…
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Stock markets threw a tantrum Tuesday, posting big losses after slightly hotter-than-expected inflation data stoked worries that interest rate cuts may not be coming soon. But don’t freak out. Markets tend to overreact. January’s consumer…
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Business
A rare high-performance Cadillac that once belonged to President Joe Biden is up for auction
A 2018 Cadillac ATS-V Sedan once leased by President Joe Biden has gone up for auction. The car was built as a “one-of-one specification” for Biden while he was out of office after serving as…
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Business
Self-driving Cruise vehicle accused of nearly hitting kids in two separate close calls, one day apart
Cruise, the driverless car company owned by General Motors is back in the spotlight after another close call with a pedestrian. The California DMV is investigating allegations that a self-driving vehicle operated by Cruise nearly…
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Business
Self-driving Cruise vehicle accused of nearly hitting kids in two separate close calls, one day apart
Cruise, the driverless car company owned by General Motors is back in the spotlight after another close call with a pedestrian. The California DMV is investigating allegations that a self-driving vehicle operated by Cruise nearly…
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Cast members at Disneyland in California have sought to organize with the United States’ primary stage actors union. Some 1,700 characters and parades workers are receiving unionization cards from the group, Actors’ Equity Association, according…
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Cast members at Disneyland in California have sought to organize with the United States’ primary stage actors union. Some 1,700 characters and parades workers are receiving unionization cards from the group, Actors’ Equity Association, according…
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Business
Paramount Global lays off about 800 employees, a day after announcing record Super Bowl ratings
Paramount Global is laying off hundreds of employees, just one day after the company announced CBS had record Super Bowl viewership, Chief Executive Officer Bob Bakish said Tuesday in an internal memo to employees. Paramount will lay…