IE 11 is not supported. For an optimal experience visit our site on another browser.

MORE FROM BUSINESS

9h ago

Palm Beach housekeepers are making $150,000 a year due to massive demand from the wealthy

The mass wealth migration to Florida from New York and other high-tax states has created record demand for household staff in elite Florida enclaves.
Luxury homes in Palm Beach, Fla.
Luxury homes in Palm Beach, Fla.
10h ago

Dow falls 600 points in worst day of 2024 as Nvidia’s blockbuster earnings fail to lift broader market

Chipmaker and artificial intelligence darling Nvidia surged 9.3%, sending shares above $1,000.
Nvidia's logo on the building's facade
Nvidia's logo on the building's facade

'Leave the World Behind' tops all Netflix viewing for second half of 2023

Among TV series, “One Piece,” with nearly 72 million views, more than doubled viewing across Netflix’s anime series.
cast in a still from Leave the World Behind
cast in a still from Leave the World Behind

Warner Bros. Discovery's NBA rights offer could put it in competition with Amazon, not NBC

It’s the latest turn in what’s been a relatively messy renegotiation for Warner Bros. Discovery, one of two incumbent holders of NBA rights, along with Disney.
New York Knicks player drives to the basket.
New York Knicks player drives to the basket.

'It is time to break up Live Nation': DOJ sues Ticketmaster parent over alleged monopoly

Outrage over the company’s practices hit a fever pitch in 2022 after a Taylor Swift ticket sale fiasco led to a Senate hearing.
Taylor Swift performs on stage
Taylor Swift performs on stage
1d ago

Collapse of fintech firm with 10M users leaves many Americans without access to their money

A court dispute has ensnared potentially millions of Americans, leaving them without access to their money for nearly two weeks.
synapse financial office building san francisco
synapse financial office building san francisco

Warner Bros. Discovery and ESPN strike 5-year deal for College Football Playoff games

Warner Bros. Discovery’s TNT will carry two first-round games this year and next year and will add two additional quarterfinals games starting in 2026.
Michigan celebrates after defeating Washington
Michigan celebrates after defeating Washington

Biden admin grants more legal protections to 'buy now, pay later' users

The Consumer Financial Protection Bureau said BNPL customers should be able to dispute charges and demand refunds for returned products, just as users of credit cards can.
The US Consumer Financial Protection Bureau headquarters.
The US Consumer Financial Protection Bureau headquarters.
1d ago

Federal Reserve minutes indicate worries over lack of progress on inflation

The meeting followed a slew of readings that showed inflation was more stubborn than officials had expected to start 2024.
 Chair Jerome Powell  looks on during a meeting
 Chair Jerome Powell  looks on during a meeting
1d ago

Target, McDonald's and others are offering value as they lose ground with bargain hunters

Some businesses have held on to customers even with the same or higher prices: Chipotle and Sweetgreen, for example, have bucked the consumer slowdown.
Miami, Florida, Hallandale Beach, Walmart store, cashier and check out counter
Miami, Florida, Hallandale Beach, Walmart store, cashier and check out counter
1d ago

Most Americans falsely think the U.S. is in recession, poll shows

According to a new Guardian/Harris poll, 56% of respondents said they believe the U.S. is in a recession.
Customers select goods at a supermarket with the American flag hanging overhead
Customers select goods at a supermarket with the American flag hanging overhead

Latest on NBC News