More than 80% of recent homebuyers say they regret their purchase, according to a recent survey from Clever Real Estate. Home prices have been rising faster than incomes, which can be a problem for homeowners because as the value of a home rises, so does the cost to maintain it. Property taxes and insurance premiums…
In its fiscal third-quarter report, Walgreens announced its plans to close a ‘significant’ amount of stores, acknowledging only 75% of its 8,600 stores were profitable. While no specific stores were tapped for closure yet, more than 2,000 locations could face the chopping block by 2027. This just the latest sign of trouble for the struggling…
The Feds finally caught the elusive Russian behind the insider trading ring that hacked Wall Street, and then set him free in a prisoner swap. Here’s an exclusive look inside the scam that leveraged shares of Tesla, Roku and others to make him rich. Watch “Putin’s Trader” for the full story: https://youtu.be/J4kWugbH4qo
Starbucks reported a global same-store sales decline of 3% and missed revenue expectations by $130 million in its fiscal third-quarter earnings on July 30, 2024. Its share price has tumbled nearly 25% in the past year. That’s all due to operating challenges, an increasingly price conscious consumer and boycotts related to the Israel-Hamas war. Still,…
He was young, rich and on the rise in Moscow. But when up-and-coming Russian oligarch Vladislav Klyushin boarded a private jet for a luxury ski vacation in the Swiss Alps, he had no idea that all of it was about to come crashing down. Klyushin was the owner of a cybersecurity company in Moscow called…
A number of startups are hoping to hoist tourists to the stratosphere using pressurized capsules and massive gas-filled balloons. CNBC’s Magdalena Petrova explains: https://youtu.be/pfB32FkAxh0
The issues of age and candidate vitality are having an impact on the 2024 election. Lawmakers in the U.S. are relatively old when compared to similar legislative bodies around the world. Senior, incumbent politicians tend to have advantages when it comes to experience, life circumstance and fundraising abilities that can increase their odds of re-election….
There’s more than 8,000 data centers globally, but it’s not nearly enough to keep up with the power needs of generative AI. One ChatGPT query takes about 10 times as much energy as a typical Google search. Training one large language model can produce as much CO2 as the entire lifetime of five gas-powered cars…
Indonesia has become the world’s leading producer of nickel, supplying over 40% of global demand crucial for electric vehicle batteries. This surge is driven by partnerships with China, which has improved local refining capabilities. Meanwhile, the United States faces challenges with limited nickel supply, mining just 17,000 metric tons in 2023 compared to Indonesia’s 1.8…
While the Olympics is one of the biggest sporting events in the world, it comes with a hefty price tag for the cities hosting the games. Since 1960, every Olympics has overspent its budget by building new venues, Olympic villages, and public infrastructure. For the 2024 Paris Summer Olympics, it aims to become one of…