Patrick Bertoletti, Geoffrey Esper and other contestants compete in the 2024 Nathan’s Famous Fourth of July International Hot Dog Eating Contest at Coney Island in New York City, U.S., July […]
Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal
Saks Fifth Avenue store at the Waterside Shops. John Greim | Lightrocket | Getty Images Saks Fifth Avenue parent HBC said on Thursday it will acquire Neiman Marcus Group in […]
Manhattan is now a 'buyer's market' as real estate prices fall and inventory rises
Manhattan is becoming a buyer’s market as apartment prices fell and inventory rose in the second quarter of 2024, according to new reports. The average real estate sales price in […]
How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11. Courtesy: Natasha Craft When Natasha Craft first got […]
Nike CEO John Donahoe comes under fire as stock sees worst day on record
John Donahoe, attends the first day of the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Nike CEO John Donahoe appears to […]
JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill […]
Bitcoin bounces above $61,000, Solana leads cryptocurrencies higher
Cryptocurrencies rose broadly, a day after bitcoin slumped to under $60,000 for the first time since early May, leading to a broad sell-off in crypto assets. Bitcoin advanced more than […]
Regulators hit Citigroup, JPMorgan Chase, Goldman Sachs and Bank of America over living will plans
Jane Fraser, CEO of Citigroup, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday, September […]
Sen. Warren warns Powell against weakening banking regulations: ‘Do your job’
Sen. Elizabeth Warren, D-Mass., is accusing Federal Reserve Chair Jerome Powell of doing the financial industry’s bidding by considering changes to a sweeping set of regulations aimed at boosting the […]
This ETF strategy may help investors skirt market concentration risk
Investors worried about concentration risk in the market may want to consider value-oriented investments. Avantis Investors chief investment strategist Phil McInnis suggests taking a more diversified approach than simply looking […]