Dara Khosrowshahi, chief executive officer of Uber Technologies speaks on a webcast during the company’s initial public offering on the floor of the New York Stock Exchange, May 10, 2019. Michael Nagle | Bloomberg | Getty Images Uber‘s stock spiked more than 10% Wednesday morning after the ride-sharing company announced […]
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Here’s what Meta CEO Mark Zuckerberg has to say about the Apple Vision Pro
Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. 6, 2016. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg shared his opinion of Apple‘s new […]
Lyft shares jump over 37%, retaining some gains after forecast error
An empty Lyft pick-up area is shown as rideshare drivers hold a rally as part of a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights”, in Los Angeles, California, U.S., August 20, 2020. Mike Blake | Reuters […]
Black Americans still face ‘disproportionately steep hurdles’ to homeownership, expert says
Skynesher | E+ | Getty Images Homeownership is out of reach for many Americans — especially for Black Americans. In the country’s largest metropolitan areas, Black people own a disproportionately small share of homes relative to population size, according to a new report from LendingTree. In 2022, Black people made […]
Done with diamonds? Gemstone engagement rings are capturing hearts and market share
Luxury precious rings in a row on display in a jewelry store at a high-end shopping mall. Craig Hastings | Moment | Getty Images Roses are red, violets are blue, gemstones are hot and prices are too. Valentine’s Day has long been one of the most popular days of the […]
As more Americans reach 65 than ever, here’s what to know about your Social Security retirement age
Majamitrovic | E+ | Getty Images How to find your Social Security full retirement age If you were born between 1943 and 1954, your full retirement age is 66. If you were born in 1960 or later, your full retirement age is 67. The full Social Security retirement age gradually […]
How Nescafé came to dominate the instant coffee market
With American coffee drinkers increasingly opting for specialty items like espresso-based beverages and cold brews, U.S. instant coffee consumption has fallen, with just 4% of Americans choosing the quick-and-easy offering, according to the National Coffee Association. Overseas it’s a different story. Soluble coffee accounts for about a quarter of the […]
Mortgage rates surge higher again, causing homebuyers to pull back
Rooftops of homes in a gated residential community are seen in Pico Rivera, California on January 18, 2024. Frederic J. Brown | AFP | Getty Images After a brief reprieve in December and January, mortgage rates are moving higher again, and that is taking its toll on mortgage demand. Total […]
‘Anyone But You’ could spark a rom-com renaissance in Hollywood
Glen Powell and Sydney Sweeney star in Sony’s “Anyone But You.” Sony Released just before the crowded Christmas movie season, Sony’s “Anyone But You” seemed destined to be anything but a box-office hit — especially after it tallied just $6 million in ticket sales during its opening weekend. However, the […]
Bitcoin regains $1 trillion market cap as the cryptocurrency hits over two-year high
Chesnot | Getty Images The value of all the bitcoin in circulation, or market capitalization, on Wednesday rose above $1 trillion for the first time since late 2021, according to CoinMarketCap data. The cryptocurrency also broke through the $51,000 level during the day, marking the first time it has hit […]