This Is America’s Richest City

When the data becomes available, it is likely that COVID-19 will be seen to have had a substantial impact on incomes across the country. Regardless, the richest places in the United States likely will remain so. In dozens of cities, most households earn well more than double the national median household income of $65,712. Using median household income data from […]

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Viagogo will play a vital role in the live events industry as lockdowns ease

Managing director Cris Miller responds to claims that ticket resale sites such as his are undermining efforts to ensure events are Covid-safe Last modified on Mon 17 May 2021 07.01 EDT Despite claims in a recent article published by the Guardian (‘Parasitic’ ticket touts ‘undermining music festivals’ Covid tracing’, 25 April), the ticket resale market and its legitimate and regulated […]

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Today's 30-year mortgage refinance rates cross 3% while 15-year fixed hold | May 13, 2021

Check out the mortgage refinancing rates for May 13, 2021, which are up from yesterday. (iStock) Based on data compiled by Credible, current mortgage refinance rates have risen for the second straight day, with 30-year rates crossing 3% for the first time in 10 days. 30-year fixed-rate refinance: 3.000%, Up from 2.875%, +0.125 20-year fixed-rate refinance: 2.875%, Unchanging 15-year fixed-rate […]

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Nine West partner offers to buy Reebok for over $1B

More On: apollo global management Private equity firm acquires Verizon’s Yahoo, AOL for $5B MoMA replaces Leon Black, calls him ‘outstanding’ Leon Black named ‘independent’ directors to Apollo despite deep ties Robert Kraft resigns from Apollo board amid Epstein controversy Offers to buy Reebok started rolling in this week with the licensing company behind Nine West and Frye offering around […]

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Amazon Fresh grocery store to replace shuttered Fairway in Paramus

More On: amazon Amazon aims to hire 75,000 new workers despite labor shortage Amazon wins EU court fight over $300 million tax bill Amazon worker in Alabama claims conditions tougher since union vote Pentagon could sack JEDI cloud project amid Amazon court battle The Paramus Fairway’s getting a fresh start. An Amazon Fresh supermarket is set to replace the shuttered […]

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Tesla stock falls after Elon Musk tweets self-driving rollout may take months

More On: tesla Union sets sights on Tesla’s German factory Tesla’s bitcoin holdings rise to nearly $2.5 billion Tesla’s bitcoin gambit gave it a $100M boost in the first quarter Tesla beats quarterly revenue expectations on strong deliveries Tesla boss Elon Musk said that Tesla is tweaking its self-driving software to “eliminate the phantom braking problem” and may release a significantly improved version […]

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Biden policies ‘duped the Fed’: Economist Peter Morici

Consequences of printing massive amounts of money ‘have arrived’: Morici Former Chief International Trade economist Peter Morici discusses his outlook for inflation in the economy amid the the Fed printing a ton of money. Former Chief International Trade economist Peter Morici told FOX Business' "Varney & Co." on Wednesday that President Biden's policies "duped the Fed" into thinking they can […]

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