Economy
Private equity firms circle Peloton for potential buyout
A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its...
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Abortion bans drive away up to half of young talent, CNBC/Generation Lab youth survey finds
The youngest generation of American workers is prepared to move away from states that pass abortion bans and to turn...
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Renters’ hopes of being able to buy a home have fallen to a record low, survey shows
The dream of home ownership has gotten even further away for renters, with higher housing costs and elevated interest rates...
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Equinox launches $40,000 membership to help you live longer
High-end fitness chain Equinox is launching one of the most expensive gym memberships in the world — a $40,000-per-year program...
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Dave & Buster’s plan to allow betting on arcade games draws scrutiny
Arcade chain Dave and Buster’s plan to allow customer betting isn’t winning over everyone. Software company Lucra Sports announced on Tuesday that...
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Social Security now expected to run short on funds in 2035, one year later than previously projected, Treasury says
The trust funds the Social Security Administration relies on to pay benefits are now projected to run out in 2035,...
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Former Starbucks CEO says company needs to revamp its stores after big earnings miss
Former Starbucks CEO Howard Schultz weighed in Sunday on the coffee chain’s dismal latest quarterly report, saying he believes the company will...
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Johnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.
Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the...
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Dave & Buster’s plan to allow betting on arcade games draws scrutiny
Arcade chain Dave and Buster’s plan to allow customer betting isn’t winning over everyone. Software company Lucra Sports announced on Tuesday that...
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And they’re off! On the sidelines of a pricier Derby, a race for small-dollar spending
The Kentucky Derby, long known as “the most exciting two minutes in sports,” may be on its way to becoming...
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