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Categories Economy

DOJ sues software firm RealPage for allegedly helping landlords collude to keep rents high

Author August 24, 2024

The Department of Justice and eight states on Friday accused software company RealPage of unlawfully scheming to undermine competition among landlords and create a

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Categories Economy

Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company

Author August 24, 2024

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Categories Economy

Walz’s family relied on Social Security when his father died. Many don’t know kids are eligible for benefits.

Author August 23, 2024

Minnesota Gov. Tim Walz accepted the Democratic vice presidential nomination at the Democratic National Convention on Wednesday night. In his speech, Walz credited a particular

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Categories Economy

Paramount special committee extends Skydance ‘go shop’ period as it reviews Bronfman offer

Author August 23, 2024

The future of Paramount Global is still uncertain. Paramount’s special committee on Wednesday said it would extend by 15 days an agreed-upon “go shop” period of its

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Categories Economy

Philadelphia Fed President Patrick Harker advocates for interest rate cut in September

Author August 23, 2024

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Categories Economy

Peloton to start charging subscribers with used equipment $95 activation fee

Author August 23, 2024

Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary market as

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Categories Economy

July home sales break a four-month losing streak as supply rises nearly 20% over last year

Author August 23, 2024

Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of 3.95 million

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Categories Economy

Cryptocurrency ‘pig butchering’ scam wrecks Kansas bank, sends ex-CEO to prison for 24 years

Author August 22, 2024

The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million — which

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Categories Economy

Fed minutes point to ‘likely’ rate cut coming in September

Author August 22, 2024

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Categories Economy

U.S. added 818,000 fewer jobs than thought, adding to concerns about a slowing economy

Author August 22, 2024

U.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision that adds

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