Blackstone chief defends real estate fund amid rush for withdrawals
Blackstone President and COO Jon Gray defended the fund, noting that investors knew BREIT had limits on redemptions.
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DOJ undermines Google in Supreme Court case over who's responsible for social media posts
The DOJ's position undermines Google in a case that could reshape the role of content moderation on digital platforms.
House Financial Services Chair Waters doesn't plan to subpoena Sam Bankman-Fried to testify at hearing on FTX collapse
House Financial Services Chair Maxine Waters tells members there are no current plans to subpoena FTX founder Sam Bankman-Fried for his testimony.
Candy maker Ferrero to buy Halo Top owner, expanding North American business
Wells Enterprises was founded in 1913 and has grown to be the second-largest ice cream company in the U.S., trailing only Ben & Jerry's owner Unilever.
McDonald's hopes deals like 50-cent double cheeseburgers beef up sales on its mobile app
More than a year after its U.S. launch, McDonald's loyalty program had 25 million active members, as of Sept. 30.
Amid inflation and market volatility, just 12% of adults — and 29% of millionaires — feel 'wealthy'
These days, only 12% of Americans consider themselves wealthy, including just 29% of millionaires.
Federal judge dismisses crypto scam lawsuit against Kim Kardashian, Floyd Mayweather Jr.
The dismissal comes after Kim Kardashian paid over $1 million in October to settle with the SEC over her promotion of EthereumMax.
Apple announces plans to encrypt iCloud backups
Apple announced on Wednesday that it plans to encrypt additional iCloud data on its servers, including full backups, photos and notes.
Carvana shares tank as bankruptcy concerns grow for used car retailer
Shares of Carvana plummeted by more than 40% after its largest creditors reportedly signed a deal binding them to act together in negotiations.
Mortgage demand falls again even as rates sink further
Lower mortgage rates are pulling some current homeowners back to the refinance market, but not enough to offset the drop in demand from homebuyers.
Used vehicle demand and prices continue to decline from record highs
The Manheim Used Vehicle Value Index, which tracks prices of used vehicles sold at its U.S. wholesale auctions, has declined 16% from record levels in January.
Trump search team finds at least 2 classified documents outside of Mar-a-Lago
Donald Trump is under criminal investigation by the Department of Justice for his removal of government documents from the White House when he left office.
Congress expected to repeal Pentagon's Covid vaccine mandate for U.S. troops
The overwhelming majority of Marines, soldiers and sailors have been vaccinated against Covid, but several thousand have been kicked out for refusing the shots.
Democratic lawmakers ask Musk for info on possible Chinese manipulation of Twitter
Three Democratic House members are calling on Elon Musk to provide information about a possible Twitter manipulation campaign by the Chinese government.
First-ever California offshore wind auction surpasses $757 million in bids
The sale is a major milestone in the Biden administration's goal of building offshore wind turbines across the nation's coastlines to help power communities.
Southwest Airlines reinstates dividend after nearly three years as travel rebounds
Southwest's 18 cents a share dividend will pay out on Jan. 31
Raphael Warnock beats Trump pick Herschel Walker in Georgia Senate runoff, NBC projects
Warnock's projected win over Walker marks a major loss for former President Donald Trump and could have a major impact on President Joe Biden's agenda.
Here's how to use Lensa, the chart-topping app that uses AI to transform your selfies into digital avatars
Lensa is the top free app on Apple's App Store. For a small fee, it turns your selfies into AI-generated digital art. Here's how it works.
Biden to require new federal buildings to slash greenhouse gas emissions
The decision comes as a growing number of cities have voted to curb gas consumption in buildings.
'Risky behaviors' are causing credit scores to level off — here's how that can hurt you
Your three-digit credit score can determine the interest rate you’ll pay for credit cards, car loans and mortgages. The higher your score, the lower the rate.
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