Guests view sneakers on display for “The Ultimate Sneaker Collection” online auction at Sotheby’s on July 15, 2019 in New York City. Dia Dipasupil | Getty Images A collection of sneakers being auctioned by Sotheby’s sold for $850,000, proving that rare sneakers are becoming a coveted collectible. Sotheby’s and digital […]
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College applications can add up to thousands of dollars. Here’s how to save
Gece33 | Getty Images As college costs rise, some students apply to a laundry list of schools to increase their odds of getting into one they can afford. Yet doing so can leave families with another large tab. “Application fees quickly add up to thousands of dollars if you apply […]
Bank of America shares fall after CFO warns lower rates will hit net interest income
Brian Moynihan, chief executive officer of Bank of America Corp., listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, April 10, 2019. Andrew Harrer | Bloomberg | Getty Images Bank of America is the latest lender to warn how falling interest rates will diminish a […]
Uber puts a shopping experience in cars for riders to buy AirPods, Amazon Echos and more
Starting on Wednesday, Uber riders in cars with Cargo consoles already installed will be able to download the new Cargo app to make purchases on items that include travel accessories, movies and trendy tech gear. Source: Uber The next time you’re sitting in an Uber on the way to the […]
Microsoft wins multibillion-dollar cloud deal from AT&T
Microsoft just scored a marquee deal for its cloud business, announcing on Tuesday that AT&T will use the company’s Azure infrastructure and move most of its employees to the Microsoft 365 package of productivity apps and security services. The multiyear deal is worth more than $2 billion, according to a […]
This chart pattern is popping up all over the market and could signal a breakout for stocks
One key pattern could be about to power stocks higher. The ascending triangle has been popping up in various charts across the U.S. stock market, including in the S&P 500 index, according to Matt Maley, Miller Tabak’s chief market strategist with a penchant for technical charts. “This is something you […]
Weekly mortgage applications drop as rates rise and homebuyers pull back
Potential homebuyers attend an open house in Seattle. Mike Kane | Bloomberg | Getty Images Interest rates surged last week to their highest level in a month, and consequently homebuyers turned on their heels. Total mortgage application volume decreased 1.1% for the week, according to the Mortgage Bankers Association’s seasonally […]
Goldman raised its Apple stock price forecast, but the note is largely negative on the company
Goldman Sachs raised its price target on Apple after spending most of the note to clients discussing how its services business growth may fall short. “Apple App Store data from Sensor Tower suggests a material slowdown in May and June revenues after a spike in activity in March and April […]
Google has been accused of working with China. Here’s what they’ve been doing there
In this photo illustration a logo of the American multinational technology company and search engine Google is seen on an Android mobile device with People’s Republic of China flag in the background. Budrul Chukrut| SOPA Images | LightRocket | Getty Images Google and its operations in China have come under […]
UnitedHealth’s Optum strikes deal with Bay Area hospital in bid to keep it independent
UnitedHealthcare office Michael Nagle | Bloomberg | Getty Images UnitedHealth Group has bought up thousands of medical practices all over the country through its Optum unit, which have helped its insurance networks hold down costs. Now, the health-care giant says it’s setting its sights on small hospitals – but not […]