'Wolf of Wall Street' says college a 'complete waste of time' for most students: 'Avoid it like the plague'
"Wolf of Wall Street" Jordan Belfort argued more young people would benefit from financial literacy classes and said for most degrees college has proved to be "a waste of time."
Capital One to acquire Discover Financial
Capital One is planning to buy Discover Financial Services that would bring the two large credit card issuers and lenders together, the company announced Monday.
US dollar to remain world's reserve currency, Fed's Waller says
The Fed's Christopher Waller said that he expects the U.S. to remain the world's leading reserve currency given a lack of practical alternatives and the dollar's status as a safe haven.
Lyft's earnings report typo sends shares soaring
A typo in Lyft's earnings report sent the ride-sharing platform's stock soaring on Tuesday, and the company's momentum continued Wednesday even after a correction was issued.
Bitcoin climbs to over $50,000 as value continues to recover
The original cryptocurrency, Bitcoin, is currently worth over $51,000 per token after continuing its recovery from a major collapse in value during 2022.
Paramount Global laying off 3% of workforce, despite Super Bowl ratings record
Paramount Global is laying off 800 employees to cut costs and return to earnings growth as the media industry grapples with streaming dominance and the fallout from Hollywood strikes
Inflation rises higher than expected, further obscuring the timeline on the Fed's interest rate cuts
Inflation slowed from December to January, but remained above the sub-3% growth economists had expected, according to the Consumer Price Index.
Prominent NYC real estate developer and top execs charged in $86M fraud scheme
A prominent New York real estate developer and several other industry executives have been indicted for stealing more than $86 million from investors and subcontractors in New York.
Microsoft's AI engine powering H&R Block's tax filing assistance product
Microsoft and H&R Block partnered to develop the accounting firm's AI Tax Assist tool, which leverages generative AI to help do-it-yourself tax filers prepare their returns.
These 5 cities have the largest inflation problem: survey
These cities topped the list of those with the largest inflation problem, according to a recent WalletHub survey.
Fed holds steady on interest rates, but outlook on when cuts will come remains cloudy
The Federal Reserve held the federal funds rate at a 22-year high of 5.25% to 5.5% at its January meeting on Wednesday.
Elizabeth Warren calls for Fed chair Powell to lower 'astronomical' interest rates
Sen. Elizabeth Warren and three other Democratic senators wrote to Fed Chair Jerome Powell to call for the Fed to cut interest rates this year to ease housing prices.
The Fed's Powell will have to play politics to keep his job
The Federal Reserve has always been a political entity. And Fed Chairman Jerome Powell knows if he wants to keep his job he will have to play politics this election year.
US, UK impose new Houthi sanctions as Red Sea attacks continue
The U.S. and the U.K. announced sanctions targeting four senior Houthi officials amid ongoing attacks by the rebel group in the Red Sea.
US fourth quarter GDP beats expectations and recession odds
Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.
Manhattan DA Alvin Bragg calls for cash apps to crack down on fraudsters
Manhattan District Attorney Alvin Bragg calls for leading digital payment apps, including Venmo, Zelle and Cash App, to strengthen user's security safeguards amid an uptick in crime.
Guide to building a business plan for successful company
A business plan is a document that outlines the specific goals for a company and how those goals will be met. There are many elements a proper plan should include.
Crafting resilient financial goals for lasting success in 2024
Crafting and achieving solid financial goals in the new year involves specificity, adaptability and a strategic plan for success. Learn steps toward a secure financial future.
Citigroup announces elimination of 20,000 jobs after losses
Citigroup on Friday said it will slash 20,000 jobs. The reductions will happen 'over the medium-term,' something that should ultimately bring its expenses down by $2-2.5 billion, Citi said.
Mortgage rates hold steady but likely to keep dropping as 2024 unfolds: Freddie Mac
The average 30-year fixed-rate mortgage was 6.62% for the week ending Jan. 4, according to Freddie Mac's latest Primary Mortgage Market Survey. However, many perspective homebuyers said they need rates to fall before buying a house.