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The PGA Tour on Tuesday defended its controversial deal with the Saudi-backed LIV Golf league before senators, as scrutiny of the agreement intensifies. Representatives from LIV Tour and Saudi Arabia’s Public Investment Fund wasn’t present at the hearing because CEO Greg Norman is out of the country, according to a spokesperson. PGA Tour operating chief
Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Shutterstock — Shares of the stock image, video and music provider jumped 10% after Shutterstock announced a six-year, expanded partnership with OpenAI, the maker of ChatGPT. Newell Brands — Shares of the consumer goods company jumped more than 10%
Being savvy with money can come with a steep learning curve, even for financial experts. And for recent college graduates, learning how to spend and save can be even more of a challenge. Dan Ariely, a professor of psychology and behavioral economics at Duke University, knows this firsthand. Despite teaching at a top business school, he
Michael Nagle | Bloomberg | Getty Images The rapid rise of a few already massive tech stocks this year is causing Nasdaq to make unusual adjustments to its popular growth index. The company announced on July 7 that it will do a special rebalance of the Nasdaq 100 Index, which will take effect before the
The Powerball jackpot has reached $725 million by July 11, 2023. Medianews Group | Getty Images The Powerball jackpot topped an estimated $725 million ahead of Wednesday’s drawing, becoming the seventh-largest prize in the game’s history, according to the lottery. But those winnings drop substantially after taxes. If you score the winning ticket, there are
Another bank is in hot water for so-called ”junk fees.” The Consumer Financial Protection Bureau on Tuesday ordered Bank of America to pay more than $100 million to its customers and $150 million in penalties for double-dipping on fees, among other violations. The bank charged multiple $35 overdraft fees for the same transactions and generated substantial
The franchising industry is bracing to see whether the U.S. will change how it regulates a structure that fuels brands from McDonald’s to Marriott. Last month, the Federal Trade Commission wrapped up a public comment period in response to its request for information on the sector and its business practices. The agency sought input from
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In this article ASTR Follow your favorite stocksCREATE FREE ACCOUNT Astra CEO Chris Kemp speaks inside the company’s headquarters during its Spacetech Day, May 12, 2022. Brady Kenniston / Astra Spacecraft engine manufacturer and small rocket builder Astra plans to conduct a reverse stock split at a 1 to 15 ratio, the company disclosed in
In this article IDFC-IN IDFCFIRSTB-IN Follow your favorite stocksCREATE FREE ACCOUNT IDFC First bank signage is seen outside a branch in Mumbai, India, 04 July, 2023. IDFC First Bank merges with IDFC Limited. 155 shares of IDFC First Bank will be alloted for 100 shares of IDFC according to an Indian media report. Nurphoto |
Beyoncé performs onstage during the “RENAISSANCE WORLD TOUR” at PGE Narodowy on June 27, 2023 in Warsaw, Poland. Kevin Mazur | Wireimage | Getty Images As inflation remains high in many countries around the world, economists have found themselves considering a surprising potential contributor: music concerts. Beyoncé is currently on her first solo tour since
Photo: Envato Elements There are signs the labor market is cooling down, but job seekers may still have an edge as demand for workers remains strong — and artificial intelligence can serve as a tool in the process. Despite the worries that artificial intelligence will eliminate jobs, these advanced software systems can give you the
A crane with the China Vanke logo at a residential construction site in China, on Sept. 28, 2021. Qilai Shen | Bloomberg | Getty Images Chinese real estate stocks mostly rose after the country announced it will extend two financial policies to support the real estate market until the end of 2024. Hong Kong-listed real
Pre-owned vehicles are seen at the Roger Beasley South dealership lot on June 07, 2023 in Austin, Texas. Brandon Bell | Getty Images DETROIT – Wholesale used vehicle prices posted their largest decline last month since the beginning of the coronavirus pandemic, as prices are set to stabilize during the second half of this year.
New Chinese laws on espionage and foreign relations took effect on July 1. Vcg | Visual China Group | Getty Images BEIJING — For foreign businesses in China, geopolitics hold more sway than new Chinese laws, according to analysts. National security is a growing priority for the country. Two new laws, one on espionage and
Artificial intelligence tools aren’t just a convenient way to complete homework assignments or edit your selfies and videos. They could be your next source of income if you take advantage of them, says Matt Higgins, a self-made millionaire, CEO of investment firm RSE Ventures and guest star on ABC’s “Shark Tank.” “AI will be the
Elijah Wood as Frodo in “The Lord of the Rings” film trilogy. Courtesy: New Line Cinema The One Ring that collectors were coveting this summer wasn’t found in Hobbiton or deep in the tunnels of the Misty Mountains; nor was it discovered in the Elf stronghold of Rivendell, the realm of Gondor or even beyond
A for sale sign is posted in front of a home for sale on February 20, 2023 in San Francisco, California. Justin Sullivan | Getty Images Home prices hit a record high in May, rising 0.7% nationally compared with April at a seasonally adjusted rate, according to the Black Knight Home Price Index. Prices, which