Articles

How to turn $9 into $15,000: Buy presidential-ticket domains years ahead of time

A man bought HarrisWalz.com in 2020 for $8.99 and said he just sold it for $15,000.

Warner Bros. Discovery faces gloomy post-NBA future as company takes $9.1 billion charge

Warner Bros. Discovery reported a $10 billion loss during the second quarter — a biproduct of a massive charge it booked as viewers retreat from traditional TV and the company deals with a potential future without Natioanl Basketball Association games.

Bumble’s stock stumbles nearly 30% as dating app expects tougher times ahead

Online-dating woes hit Bumble Inc., which guided for lower revenue growth for the year and current quarter.

FAFSA form will open late again this year. Feds say the delay can help prevent more glitches.

The Free Application for Federal Student Aid, or FAFSA, will open to all students on or before Dec. 1, the Education Department said Wednesday.

Pumpkin-spice lattes in July? Why these companies are beating Starbucks to the punch.

Starbucks hasn’t announced the launch date for its beloved fall drink, but pumpkin-spice beverages and other offerings are now available elsewhere even in early July.

Costco sales notch another gain in July

Costco Wholesale Corp. on Wednesday said sales for last month came in at $19.26 billion, a 7.1% year-over-year gain.

Virgin Galactic’s sales double as more space tourists join the line

Space-tourism company raked in more fees from astronaut wannabes.

Robinhood earnings top expectations, following revival of meme stocks and crypto

Robinhood Markets Inc. reported second-quarter results Wednesday that beat expectations, helped by a jump in crypto and stock trading.

AppLovin’s big profit beat is failing to lift the app-monetization stock

The company gave an upbeat profit outlook for the third quarter.

Consumers cut back on credit as debts and delinquencies rise

Consumers increased the amount of credit they used in June at a slower rate, in a sign of rising financial stress on U.S. households.

Stock market likely to retest lows in 4-step recovery process, history suggests

A turnaround Tuesday followed by a wobbly Wednesday on Wall Street leaves stock-market investors wondering how to proceed after the S&P 500 suffered its largest one-day drop in nearly two years to kick off the week.

Recession? Soft landing? Something else? Here’s what could happen to the economy.

Will the economy keep growing at an above-average speed? Glide toward a “soft landing?” Or — worst-case scenario — crash into recession?
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