Economy
Palm Beach housekeepers are making $150,000 a year due to massive demand from the wealthy
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the...
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Dow falls 600 points in worst day of 2024 as Nvidia’s blockbuster earnings fail to lift broader market
Stocks fell Thursday, with the Dow Jones Industrial Average registering its worst day of 2024, as a post-earnings rally in Nvidia failed to...
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‘It is time to break up Live Nation’: DOJ sues Ticketmaster parent over alleged monopoly
The Justice Department filed a lawsuit Thursday seeking to break up Live Nation, the parent company of Ticketmaster, alleging it...
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Warner Bros. Discovery and ESPN strike 5-year deal for College Football Playoff games
In a move to strengthen its sports offerings, Warner Bros. Discovery has signed a five-year sublicensing deal with Disney’s ESPN to broadcast first-round...
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Federal Reserve minutes indicate worries over lack of progress on inflation
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the...
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Amazon plans to give Alexa an AI overhaul — and a monthly subscription price
Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the...
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Home sales slipped unexpectedly in April despite big gains in supply
Sales of previously owned homes fell 1.9% in April from March to 4.1 million units, on a seasonally adjusted annualized...
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Target says shoppers are buying fewer groceries and home goods
Target said Wednesday that its customers reduced spending on groceries and home goods as concern about high prices persisted last...
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The collapse of a fintech firm with 10 million users has left many Americans without access to their money
A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access...
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Hims & Hers Health says it will offer compounded GLP-1 injections
Digital pharmacy startup Hims & Hers Health is introducing access to compounded GLP-1 weight loss injections, the company announced Monday. Shares of...
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