A sign marks the location of a Nordstrom store in a shopping mall on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty Images The Nordstrom family is once again considering taking the department store private and has formed a special committee to evaluate bids, it announced on Thursday. […]
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Trump trial: Full jury chosen for New York hush money case
Former US President Donald Trump sits in the courtroom at Manhattan criminal court in New York, US, on Thursday, April 18, 2024. Jeenah Moon | Reuters A full jury of 12 people was seated Thursday at the New York criminal hush money trial of former President Donald Trump. One alternate […]
White House will ‘make sure gas prices remain affordable’ heading into summer, Biden advisor says
A customer refuels at a Shell gas station in Hercules, California, US, on Tuesday, May 23, 2023. David Paul Morris | Bloomberg | Getty Images President Joe Biden’s top economic advisor said Thursday the White House will “make sure gas prices remain affordable” when asked whether the administration would consider […]
Caitlin Clark salary criticism a ‘false narrative,’ says WNBA commissioner Cathy Engelbert
The excitement around Caitlin Clark being drafted first overall by the Indiana Fever in the 2024 WNBA Draft led 2.45 million viewers to tune in, eclipsing the league’s previous high for a draft by 307%, another indication of the impact that the NCAA’s all-time leading scorer in both men’s and […]
Trump Media shares close nearly 26% higher, capping second day of gains for DJT
In this photo, a smartphone displays the logo of Donald Trump’s Truth Social app on March 25, 2024. Anna Barclay | Getty Images The share price of Trump Media closed nearly 26% higher Thursday, the second day of strong trading gains for the owner of the Truth Social app. DJT […]
Mortgage rates are now at the highest level of the year, and could still climb
Homes in Rocklin, California, on Tuesday, Dec. 6, 2022. David Paul Morris | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%, the highest […]
Netflix blows past earnings estimates as subscribers jump 16%
A couple sits in front of a television with the Netflix logo on it. Picture Alliance | Picture Alliance | Getty Images LOS ANGELES — Netflix will no longer provide quarterly membership numbers or average revenue per user starting next year, the company said Thursday as it reported earnings that beat on the […]
Procter & Gamble’s strategic pricing shift should accelerate business growth this year
Consumer products giant Procter & Gamble is adjusting its pricing strategy as inflation-weary shoppers are reaching their limits on how much more they can afford to pay. Wall Street is paying attention. Historically, P & G has been able to leverage its pricing power with little resistance in both good […]
New York jury convicts man in first-ever cryptocurrency market manipulation case
Las Vegas Review-journal | Tribune News Service | Getty Images A New York federal jury on Thursday convicted a Puerto Rico man of a $110 million scheme that was the Department of Justice’s first-ever cryptocurrency open-market manipulation case, prosecutors said. The man, 28-year-old Avraham Eisenberg of San Juan, faces a […]
Mortgage rates are now at the highest level of the year, and could go even higher
Homes in Rocklin, California, on Tuesday, Dec. 6, 2022. David Paul Morris | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%, the highest […]