Powerball jackpot hits $1.2 billion. What’s the best payout option? Experts weigh lump sum versus annuity
The Powerball jackpot is up to $1.2 billion. Here’s how to decide between the lump sum or annuity payout option.
U.S. falls in new ‘financial inclusion’ ranking, a global measure of access to financial services, researchers say
The U.S. position in a global ranking of so-called financial inclusion is slipping as consumer confidence in the government has eroded.
Google is making big changes to prevent Gmail spam
Google will require emailers who send more than 5,000 messages per day to Gmail users to offer a one-click unsubscribe button in their messages.
GM’s third-quarter sales jump 21% as UAW strike slowly expands
An ongoing strike by the UAW union against the Detroit automakers had little to no direct effect on General Motors’ third-quarter U.S. new vehicle sales.
KeyBanc downgrades Airbnb, says travel demand will ease after pandemic recovery
Analyst Justin Patterson expects a near-term peak in margins and slowing revenue growth will hurt the vacation rental company.
Macy’s will open up to 30 stores, as department store looks to strip malls as key part of its future
The department store operator’s off-mall expansion is one of its key growth strategies.
The $8 billion Sam Bankman-Fried criminal trial starts today — here’s what’s at stake and how we got here
Sam Bankman-Fried’s criminal trial kicks off with jury selection in New York on Tuesday morning.
Rep. Matt Gaetz triggers vote to oust Kevin McCarthy from speaker’s office
Gaetz, a Florida Republican, is a conservative bomb thrower and top Trump ally on Capitol Hill.
It’s ‘really the Google web’: Microsoft CEO testifies about how hard it is to break into search
Microsoft CEO Satya Nadella testified about competing with Google in digital search during the federal antitrust trial against Google in Washington, D.C.
Climate change could impose ‘substantial financial costs’ on U.S. household finances, Treasury warns
Between 2018 and 2022, weather and climate disasters cost more than $617 billion in the U.S., a Treasury Department report found.
