Business

Warner Bros Discovery's head of gaming, David Haddad, is stepping down after 12 years. He will stay on for the next three months to assist in the transition.

Published on: January 23, 2025, 06:05 PM UTC

Despite Trump's pledges for lower costs and interest rates, economic trends suggest these promises may be difficult to fulfill. The economy's resilience, consumer spending, and increased business borrowing for investments are contributing to higher borrowing costs. Additionally, deficit spending and Trump's proposed tariffs and immigration restrictions could further worsen inflation, making it less likely the Fed will cut interest rates significantly.

Published on: January 23, 2025, 06:04 PM UTC

What is a mortgage loan default and how to avoid it? When you fail to make your mortgage payments on time, you could face serious consequences like late fees, credit score damage, and even foreclosure. This article explains what a mortgage loan default is, what happens when you default, how to avoid defaulting, and your options if you're already in default.

Published on: January 23, 2025, 06:04 PM UTC

CNN lays off 200 staffers (6% of workforce) to transform into a digital-first newsroom. Parent company WBD invests $70 million for a direct-to-consumer streaming product, refreshed website, and more digital video content.

Published on: January 23, 2025, 06:02 PM UTC

Mortgage rates fell below 7% for the first time in six weeks, as bond traders became less anxious about President Donald Trump's economic agenda. The average 30-year fixed-rate mortgage rate was 6.96% through Wednesday, down from 7.04% a week earlier.

Published on: January 23, 2025, 06:01 PM UTC

Trump Demands Lower Interest Rates at Davos, Setting Stage for Clash With Fed Chair Powell

Published on: January 23, 2025, 06:01 PM UTC

Frugal people often maintain a substantial emergency fund equivalent to three to six months of living expenses. They prioritize liquidity and security, and consider their job stability, industry volatility, and individual risk tolerance when planning their savings.

Published on: January 23, 2025, 06:01 PM UTC

President Trump accuses Bank of America and JPMorgan Chase of not providing banking services to conservatives, but offers no evidence.

Published on: January 23, 2025, 06:01 PM UTC

Trump demands lower interest rates, hinting at a clash with Fed Chair Powell

Published on: January 23, 2025, 06:00 PM UTC

President Donald Trump addresses world leaders at Davos, urging Saudi Arabia to lower oil costs and demanding tariffs to bring manufacturing back to the US. He also calls for immediate interest rate cuts and reiterates his plans to fight climate change.

Published on: January 23, 2025, 05:04 PM UTC