business news

Fauci says he never imagined Covid would kill a million Americans
Dr. Anthony Fauci, director of the National Institutes of Allergy and Infectious Diseases, testifies during a Senate Committee on Health, Education, Labor and Pensions hearing about the federal response to monkeypox, on Capitol Hill September 14, 2022 in Washington, DC. Drew Angerer | Getty Images Dr. Anthony Fauci on Tuesday reflected on the U.S. response […]
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Taylor Swift’s tour promoter says it had no choice but to work with Ticketmaster
Taylor Swift accepts the Artist of the Year award onstage during the 2022 American Music Awards at Microsoft Theater on November 20, 2022 in Los Angeles, California. Kevin Winter | Getty Images Entertainment | Getty Images Taylor Swift’s tour promoter is shifting blame for the botched “Eras” ticket sale squarely onto Ticketmaster, potentially fueling even […]
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Trump would conquer DeSantis in 2024, as Biden acceptance fee stays underwater, new poll finds
Former U.S. President Donald Trump and Florida Governor Ron DeSantis converse at midterm election rallies, in Dayton, Ohio, U.S. November 7, 2022 and Tampa, Florida, U.S., November 8, 2022 in a blend of file pictures. Gaelen Morse | Reuters Ex-President Donald Trump would defeat Florida Gov. Ron DeSantis by a extensive margin in a hypothetical […]
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FTX attorney calls this circumstance ‘a different type of animal’ in first personal bankruptcy hearing
Lawyers for collapsed crypto exchange FTX mentioned on Tuesday, in the company’s initial bankruptcy hearing, that regulators from the Bahamas, in which FTX was headquartered, have agreed to consolidate proceedings in Delaware. FTX’s lawyers, who were being introduced in by new management to cope with restructuring, filed an crisis motion final week to protected the […]
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Trump Media deal partner says shareholders approve delay of merger with Truth Social parent
This illustration photo shows Donald Trump’s new social media app Truth Social’s logo on a smartphone in Los Angeles, February 21, 2022. Chris Delmas | AFP | Getty Images Digital World Acquisition Corp., the blank check company that plans to take Trump Media and Technology Group and its Truth Social platform public, said Tuesday that […]
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Investors’ home purchases drop 30% as price increases slow down
Housing under construction in Atlanta, Georgia, on Sunday, Nov. 13, 2022. Elijah Nouvelage | Bloomberg | Getty Images Home sales have dropped for nine straight months, driven by surging mortgage rates, and now investors are pulling back even more than traditional homebuyers. Investor home purchases dropped just over 30% in the third quarter of this […]
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Watch live: Dr. Anthony Fauci gives expected last Covid briefing as top health official
[The stream is slated to start at 11:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] Dr. Anthony Fauci on Tuesday will give what is expected to be his last public briefing on the Covid-19 pandemic as White House chief medical advisor. Fauci is leaving the […]
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European Union government proposes gas value cap at 275 euros/MWh
European gasoline costs are expected to drop in the coming months. Krisztian Bocsi | Bloomberg | Getty Visuals The European Union govt on Tuesday proposed a gasoline value cap for the bloc at 275 euros ($282) per megawatt hour for thirty day period-in advance derivatives on the Dutch trade that provide as Europe’s benchmark. The […]
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Bank of America makes Costco a top pick because of food inflation
Bank of America named Costco a top pick because of rising food inflation, and expects shares have further upside from here. “We expect high food inflation to drive continued share gains for the warehouse club channel (including Costco) given the strong value proposition and price positioning on overlapping SKUs vs. mass and traditional grocery,” analyst […]
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