News: Page 2

Business News

Financial quarter closes with a note on small business

The White House heralded National Small Business Week as a busy economic quarter comes to a close. President Biden, a staunch advocate for small businesses, has issued a powerful statement...

Business News

110% Monday surge for GameStop stock

GameStop, the popular gaming and console empire, has seen shares rise by 110%. This surge in the gaming company’s stock since the frenzies heights it hit during the Covid-19 pandemic....

Business News

The U.S. banking industry wins battle in $8 credit card fee war

The U.S. court system has delayed the rule to cap credit card late fees at a maximum of 8 dollars monthly, a win for major banking institutions. The legislation, a...

Business News

BP is eyeing a $1bn buyout of Tesla charging facilities

Oil giant BP is investigating the Supercharger facilities and staff that are in limbo after Tesla’s mass cuts. Tesla, the electric vehicle manufacturer founded by billionaire Elon Musk, recently decided...

Business News

Trump Media Insider Trading Case Sees Investor Convicted

A federal jury in Manhattan has found the investor involved in the recent, highly significant Trump Media merger guilty. Bruce Garelick was convicted of five counts of securities fraud and...

Business News

Six of the largest US banks take part in a Federal Reserve exercise

The Federal Reserve has released a statement detailing that some of the largest American banks participated in a new exercise. The Climate Scenario Analysis Exercise (CSA) involved some of the...

Business News

Balancing Retirement Planning and the Cost of Education

Saving for retirement and funding your children’s education can be a real challenge for many families. On one hand, you want to ensure you have enough money for a comfortable...

Business News

90% of American homes see a price rise according to Q1 report

A first-quarter report from the National Association of Realtors (NAR) found that more than 90% of homes across the U.S. saw their prices rise. The report, which comprehensively analyzed home...

Business News

Biggest covid companies record $1.5tn market value loss

According to a recent report by the Financial Times, the biggest corporate earners of the COVID-19 era are now facing losses of $1.5tn. Companies like Peloton and Ring Central, which...

Business News

Equinox to launch exclusive $40,000 gym membership to beat Father Time

Equinox, the fitness chain known throughout the United States, is set to launch an expensive personal fitness membership for $40,000. The program "Optimize by Equinox" is being developed in connection...

Business News

Leading U.S. companies are having their best patch in two years, says data provider

According to data reported FactSet, the U.S. companies in the S&P 500 are performing well above projected targets. The report, published this week by FactSet, provides a comprehensive overview of...

Business News

Massive fraud charges laid at the door of Audit Firm BF Borgers

The Securities and Exchange Committee (SEC) has laid charges at the door ofAudit Firm BF Borgers CPA PC (BF Borgers) for massive rules violations affecting thousands of filings. The regulatory...

Business News

Jobs Report shows positive signs for the U.S. economy and Fed

The U.S. Department of Labor has released its long-awaited Jobs Report. The Federal Reserve had investors on high alert for much of an unknown April as indicators pointed toward a...

Franchise

President Biden Just Vetoed a Franchise-Saving Resolution — Here's What You Can Do to Protect Your Business

President Biden's veto of the repeal of the expanded Joint Employer Rule leaves many uncertainties for the franchise industry. Here's how to protect your business.

Business News

Google layoffs hit hundreds as company outsources work to other countries

Google’s decision to lay off hundreds of U.S. employees in favor of cheaper international alternatives and AI is likely to spark further headcount reductions. The company, owned by Alphabet, made...