Author: Heidi Hecht

U.S. inflation eased to 2.1% in September, suggesting the Federal Reserve’s rate hikes may be having the intended cooling effect on inflation.

From Kim Kardashian to Jimmy Fallon, celebrity endorsements in crypto led to scandal, revealing the dangers behind crypto influencer promotions.

With billions at stake on Polymarket’s 2024 election odds, “wash betting” raises doubts about whether these predictions reflect real public sentiment or hidden manipulation.

While Fiat is renowned for its luxury vehicles and iconic legacy under Gianni Agnelli, a bitter inheritance battle has cast a shadow over the family for nearly two decades.

The ongoing streaming wars reveal critical lessons about content strategy and audience engagement for industry giants.

These seven big money bills are currently working their way through Congress — with big implications for the economy and Americans’ wallets.

Whether it’s skipping the hot water for most washes, installing a budget-friendly bidet, or shopping smart at thrift stores, small changes can add up to thousands worth of savings per year.

When Elon Musk bought Twitter in late 2022, he didn’t foot the $44 billion price tag alone. A pool of X investors pitched in to take the company private. In doing so, Musk freed Twitter (now X) from public reporting requirements—including disclosures about its financial backers. This decision allowed some investors to remain in the shadows. However, tech journalist Jacob Silverman, backed by the Reporters Committee for Freedom of the Press, petitioned to have X’s financial disclosures unsealed. In late August, a California court sided with Silverman, ordering Twitter/X investor list and financial structure and revealed. X Investor List: Familiar…

WeWork was once a “unicorn” startup, valued at $47 billion by investors. It specialized in the then-revolutionary idea of shared workspaces for remote workers and entrepreneurs seeking affordable office space. At its height, WeWork managed $15 billion in assets. However, it also had $18.6 billion in debt. CEO David Tolley later described WeWork’s primary issue as “unsustainable hyper growth.” In September 2023, WeWork was renegotiating its lease liabilities, which comprised 2/3 of its operating expenses. COVID-19 pandemic didn’t help matters, as many remote workers decided it was safer to work from home than to pay for coworking space. But by…

Unmarried women have significantly high homeownership rates than unmarried men. But the reason for that gap is not what it seems.