Articles

Bank of America’s CEO says he’s bullish on the U.S. economy as earnings edge past expectations

Bank of America on Wednesday joined rival JPMorgan Chase in beating earnings estimates after the number-two bank saw broad-based revenue growth in the fourth quarter.

The ‘space economy’ is booming. Here’s where most of the money is going.

Expect a further rush of spending beyond last year’s record levels, as investors chase the promise of space-based data centers and look to piggyback on a potential SpaceX IPO.

‘It all feels impossible’: I’m 57 and on disability. My boyfriend died of a heart attack. Do I buy a townhouse or a condo?

“I can afford a $175,000 cash purchase.”

China’s record trade surplus is as big as the GDP of most countries

China was able to offset a slump in exports to the U.S. by redirecting them to Africa, India, Europe and Southeast Asian countries.

‘I’m considering driving Lyft part time’: I’m 58 with a $1 million home. Do I finally give up work and enjoy life?

“One thought is for me to stop working at age 60, while my wife continues for two more years at her teaching job.”

Billionaire Google co-founder Larry Page shells out $173 million on Miami mansions

Page purchased two opulent homes in the tony Miami enclave of Coconut Grove, reports say.

Actress Olivia Wilde sells L.A. home at a loss for $5.23 million

Olivia Wilde is living up to her name by taking some bold steps with her real estate portfolio amid rumors that her romance with British art dealer Caspar Jopling is heating up.

BP doesn’t wait for new CEO to take big write-off of renewables business

BP isn’t even waiting for its new CEO to start before taking a big charge over its push into renewable energy.

Saks Global files for bankruptcy. Here’s how luxury retail went out of style

The Chapter 11 filing announced on Wednesday for the iconic, century-plus-old retailer — which oversees Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman and Saks Off 5th — could ripple through to other parts of the industry

From coffee to electricity, latest CPI report shows where inflation is hitting the middle class the most

Cost of living rose in December, and these households are feeling the pinch

Netflix reportedly looking to solidify its bid for Warner Bros. with all-cash offer

The streaming giant is reportedly mulling whether to amend its already-accepted offer to an all-cash bid to remove a partial stock component that has declined in value since its initial proposal was agreed upon.

Salesforce and Adobe see their stocks slide as AI fears intensify

The two software stocks were among the S&P 500’s biggest losers on Tuesday as investors considered the threat AI poses to their business models.
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