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2d ago

Inflation or jobs: Federal Reserve officials are divided over competing concerns

Weak job gains since April have pushed some officials toward supporting a cut in the Fed’s key rate soon, but comments by other Fed policymakers show that inflation is still a concern.
Jerome Powell speaks
Jerome Powell speaks

Playboy moving its headquarters to Miami Beach and opening a new club

“Miami Beach is among the most dynamic and culturally influential cities in the country, making it the ideal home for Playboy’s next chapter,” Ben Kohn, CEO of Playboy Inc., said.
Playboy Relocation logo bunny
Playboy Relocation logo bunny
2d ago

Dow ends higher after UnitedHealth gains, other indexes slip on rate cut uncertainty

The healthcare sector gained 1.65% on Friday, tracking its best weekly performance since October 2022.
Stocks Slide After Data As Trump-Putin In Focus
Stocks Slide After Data As Trump-Putin In Focus

Puerto Rico cashes in on Bad Bunny's residency as fans flock to the island

The global superstar's concert series has attracted thousands of tourists and created a short-term economic impact.
A visitor on a guided tour poses for a photo
A visitor on a guided tour poses for a photo

AI is moving into the apartment market, taking over work orders, lease renewals, showings and more

AI is also proving useful on the investment side of the multifamily business, specifically underwriting and acquisitions.
New York city skyline
New York city skyline
2d ago

Why investors shouldn't try to be a 'hero' in this economy, analyst says

In other words: Stick to your long-term investment plan, including an appropriate asset allocation and time frame to reach your goals.
Traders work on the floor of the NYSE
Traders work on the floor of the NYSE

Warren Buffett's Berkshire Hathaway reveals new stake in beleaguered insurer UnitedHealth

The Omaha-based conglomerate bought more than 5 million shares in the health care firm for a stake worth about $1.6 billion at the end of June.
US-finance-Buffett-politics
US-finance-Buffett-politics

Lyft co-founders to step down from ride-hailing firm's board

The duo founded Lyft in 2012, with the company now operating across four continents and nearly 1,000 cities.
Lyft IPO Enthusiasm Drives Up Co-Founders' Stake To $1.2 Billion
Lyft IPO Enthusiasm Drives Up Co-Founders' Stake To $1.2 Billion
3d ago

Cadillac unveils 'Elevated Velocity' electric crossover concept car

The electric concept car has a “lifted yet elegant design,” according to Cadillac, riding on 24-inch wheels.
Cadillac Elevated Velocity concept car doors open
Cadillac Elevated Velocity concept car doors open
3d ago

Chicago Fed president wants to see a 'few months' of inflation data to gauge economy's health

Austan Goolsbee is one of 12 who will vote on interest rates next month, a decision the Fed has to time right "at moments of transition," he said.
Chicago Fed President Austan Goolsbee tours Mel-O-Cream Donuts of Springfield, Ill.
Chicago Fed President Austan Goolsbee tours Mel-O-Cream Donuts of Springfield, Ill.

Apple Watch getting redesigned blood oxygen feature following legal dispute

Apple said the redesigned feature is coming to some Apple Watch Series 9 and Series 10 and Apple Watch Ultra 2 users Thursday.
An Apple Watch Ultra 2 at the new Apple Inc. store
An Apple Watch Ultra 2 at the new Apple Inc. store

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