Mortgage rates see biggest one-day drop in over a year
The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of...
Rhode Island’s ‘Taylor Swift Tax’ on vacation homes of the wealthy...
A new push by states to tax the real estate of the wealthy has sparked a backlash among brokers and potential buyers, who say...
Amazon to pay $2.5 billion to settle FTC allegations that it...
SEATTLE — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online retail giant tricked customers into...
Amazon slashes another 16,000 jobs
Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm.
‘The reductions...
Trump administration alleges Nike discriminated against white workers
The U.S. Equal Employment Opportunity Commission said Wednesday that it is investigating Nike for allegedly discriminating against white workers.
The agency that polices discrimination...
LimeWire acquires Fyre Festival, asking ‘What Could Possibly Go Wrong?’
LimeWire, the filesharing service that set the internet ablaze in the 2000s before being shut down for copyright infringement, said Tuesday that is acquiring...
Customers sue sneaker company On over shoes that cause ‘noisy and...
Customers of the athletic shoe company On have filed a class action lawsuit alleging that some of the brand’s sneakers squeak embarrassingly loudly when...
Travis Kelce part of investor group aiming to revive struggling Six...
A group that includes activist investor Jana Partners and NFL player Travis Kelce says it has accumulated one of the largest ownership stakes in...
Paramount acquires Bari Weiss’ The Free Press, naming her the top...
The newly formed media corporation Paramount Skydance has acquired The Free Press, an online news and commentary outlet co-founded by Bari Weiss, who will...
October monthly job cuts surged to a 22-year high
U.S.-based companies announced more than 153,000 job cuts in October, the research firm Challenger, Gray & Christmas reported Thursday.
“This is the highest total for...

















