[ad_1] Brick-and-mortar retail’s indisputable edge over e-commerce is that consumers can get what they want immediately, and can touch and feel the product before buying it. Rising theft—and stores’ measures to prevent it—could dull that edge. The National Retail Federation estimates that shrink—an industry term for loss in inventory—amounted to roughly 1.4% of retail revenue […]

[ad_1] Listen to article (2 minutes) Congress is on the verge of passing a bill that aims to help Americans save more for retirement and leave their retirement savings untouched and untaxed for longer. The bill nearing approval raises the age people are required to start withdrawing money from tax-deferred retirement accounts to 75 from […]

[ad_1] Suddenly, inflation is running a lot less hot. It could get cooler still in the months ahead. The Labor Department on Tuesday reported that U.S. consumer prices rose a seasonally adjusted 0.1% last month from October—well short of the 0.3% economists had expected. That put overall prices 7.1% above their year-earlier level, marking the […]

[ad_1] Try to count how many subscriptions you have. We’ll wait.  There is your Amazon Prime and your Spotify—those you are married to. What about the Apple TV+ subscription you have been meaning to cancel since you binge watched Ted Lasso…last summer? Scroll through your cellphone (itself another subscription) and you might find a Calm app […]

[ad_1] To qualify for a $1 million mortgage, Americans typically have to make a down payment of at least 20% of the home’s price. Starting next year, some buyers could put as little as 3% down. The cap for home loans backed by Fannie Mae and Freddie Mac rises to $1,089,300 next year in a […]

[ad_1] The last two years saw the rise, but not the complete fall, of “finfluencers.” With a younger generation opening financial accounts and rushing headlong into things like meme stocks and cryptocurrencies, these social-media financial influencers could temporarily create billions of dollars in market value through their recommendations, while earning tens of millions for themselves. […]

[ad_1] NASSAU, Bahamas—Last year, an FTX executive walked into a bank office here and put $4.5 million of the company’s money behind an ambitious plan to buy an oceanside parcel of land and turn it into the crypto giant’s new headquarters. The executive, Ryan Salame, closed the deal in short order, people familiar with the […]

[ad_1] NASSAU, Bahamas—Sam Bankman-Fried’s $32 billion crypto-trading empire collapsed in an incandescent bankruptcy last week, prompting irate customers, crypto acolytes and Silicon Valley bigwigs to ask how something that seemed so promising could have imploded so fast. The emerging picture suggests FTX wasn’t simply felled by a rival, or undone by a bad trade or […]

[ad_1] New York CNN Business  —  Twitter has suspended comedian Kathy Griffin for impersonating the company’s new owner, Elon Musk. Griffin appeared to be the first celebrity to lose her tweeting privileges after a wave of prominent users impersonated Musk over the weekend, with the goal of underscoring potential flaws in the social media company’s […]

[ad_1] An under-the-radar software name has managed to stand out among its peers – all because of its focus on auto insurance – and it still has room to grow. Analyst Gabriela Borges reiterated her buy rating on CCC Intelligent Solutions with a price target of $12, which presents an upside of 31.9%. This follows […]