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10h ago

Kim Kardashian to pay $1.3M fine to settle SEC charges over crypto promo

The U.S. Securities and Exchange Commission said Kardashian failed to disclose she was paid $250,000 to publish an Instagram post about EMAX tokens.
Kim Kardashian.
Kim Kardashian.
2d ago

How inflation could impact the cost of rebuilding after Hurricane Ian

“If the hurricane had hit two months or three months earlier, it would have been so much worse than now,” one contractor said.
Image: Holly Nugyn walks out of her flooded neighborhood after Hurricane Ian passed by the area on Sept. 29, 2022, in Fort Myers, Fla.
Image: Holly Nugyn walks out of her flooded neighborhood after Hurricane Ian passed by the area on Sept. 29, 2022, in Fort Myers, Fla.
2d ago

Tesla’s humanoid robot waves but can’t walk, yet. Musk plans to make millions of them

Tesla’s push to design and build mass-market robots that would also be tested by working jobs in its factories sets it apart from other manufacturers that have experimented with humanoid robots.
Elon Musk presents the humanoid robot
Elon Musk presents the humanoid robot
3d ago

Here's how much more expensive the average home became over one year

The cost of U.S. homeownership has surged over the past year amid a push from the Federal Reserve to fight inflation.
A man walks his dog past a "for sale"
A man walks his dog past a "for sale"
3d ago

Resilient U.S. consumers spent more money in August, even as the Fed seeks to slow that down

It's a sign the economy is holding up even as inflation lifts prices for food, rent, and other essentials.
A shopper carries bags in San Francisco, on Sept. 29, 2022.
A shopper carries bags in San Francisco, on Sept. 29, 2022.
4d ago

Disney World to reopen Friday as Hurricane Ian passes north

The resort, as well as Disney Springs, will reopen on a phased-in basis.
Crowds walk at the Magic Kingdom Park
Crowds walk at the Magic Kingdom Park
4d ago

S&P 500 closes at new 2022 low as Apple leads broad market sell-off

A stronger-than-expected jobless claims report didn’t help sentiment. That built on the notion that the Fed will keep raising rates to fight inflation.
People visit the Apple Store in Grand Central Station
People visit the Apple Store in Grand Central Station
4d ago

U.S. economy drops at 0.6% annual rate from April through June

Most economists, citing a strong and resilient American job market, believe the world’s biggest economy is not yet in a downturn.
People shop at a supermarket on July 13, 2022, in New York.
People shop at a supermarket on July 13, 2022, in New York.
4d ago

Peloton will sell bikes, Treads at Dick’s Sporting Goods in its first brick-and-mortar partnership

After enjoying a surge in demand during the pandemic, Peloton has been fighting more recently to expand its customer base and stem its losses.
A Peloton bike
A Peloton bike
4d ago

Major U.S. banks will participate in climate scenario exercise

The exercise will kick off the Fed’s efforts to gauge the level and management of risks for banks when it comes to climate change.
Image: Federal Reserve Set Raise Rates Again To Combat Continued Inflation
Image: Federal Reserve Set Raise Rates Again To Combat Continued Inflation
4d ago

The 30-year home mortgage rate hits 6.7%, highest since 2007

Rising mortgage rates, among other market challenges, are causing home values to fall for the first time in 10 years.
A "Sold" sign outside a house under construction in Louisville, Ky., on July 1, 2022.
A "Sold" sign outside a house under construction in Louisville, Ky., on July 1, 2022.