Business

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Business

Mark Cuban delivers bold verdict on 5 popular investments

Mark Cuban has spent years warning that the distance between a polished pitch and genuine safety is wider than most investors assume. The billionaire entrepreneur and Dallas Mavericks minority owner has outlined five types of popular investments across podcasts, interviews, and his Blog Maverick site that have far more risk than their packaging suggests.  His

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Business

July CPI could instantly shift mortgage rates

Americans have been waiting on the Federal Reserve to cut or hike its rate all year. As a result, all eyes have been on inflation throughout 2026. Inflation and the Fed impact various aspects of our financial lives — including mortgage rates. Considering the Freddie Mac 30-year fixed mortgage rate hit an annual high of

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Business

Startup employees can now benchmark equity for the first time

When a startup employee sits across from a recruiter and receives an offer, one part of the package has always been almost impossible to evaluate on the spot. The salary is straightforward. The benefits are standard. The equity grant is something else entirely. Twenty thousand options. Is that competitive? Compared to what? Companies have always

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Business

27-year-old chip stock sees price target slashed despite sales, profit surge

Onsemi has spent several years working through weakness in its core automotive and industrial markets, and its latest quarter gave Wall Street a clearer look at where the next leg of growth could come from. The chipmaker reported second-quarter results on Aug. 3 that showed improving revenue, profitability and free cash flow. Onsemi (ON) also

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Business

Michael Burry sends warning on one of Wall Street’s top stocks

Some investors build their reputation by being loud. Others build it by staying quiet for years and then saying exactly one thing that everyone remembers. The investor who correctly called the 2008 housing crash before almost anyone else belongs to the second group, and he just broke his silence on a company he has watched

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Business

Another low-cost airline to liquidate after shutting down, canceling all flights

While multiple low-cost airlines flew off with significant success in multiple parts of the world in the early 2000s, the model of luring in customers with a low base fare and then making up for it with ancillary charges gradually stopped working as operating costs rose and mainstream airlines introduced basic economy. The biggest low-cost

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Business

Luxury retailer closes 41 stores worldwide

After closing hundreds of stores and offloading a major luxury brand, one of the fashion industry’s best-known groups continues to shrink its retail footprint. The move comes as luxury companies navigate a challenging environment marked by softer shopping demand, economic uncertainty, and shifting spending patterns. According to the McKinsey & Company State of Fashion 2026 Report,

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Business

Intel makes another $15 billion vital move as AI demand accelerates

Time and again, I’ve seen the same movie at Intel, from different angles. From the layoffs, the 18A yield progress, the management restructuring, the CHIPS Act subsidies, and the Q2 beat, which was the company’s strongest revenue growth in 15 years. Each piece of the puzzle has been pointing in the same direction: Artificial Intelligence

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Business

As GTA VI pre-orders break records, investors still need one answer

Take-Two Interactive (TTWO) just got a demand signal that most companies would rush to celebrate. Instead, management slammed on the brakes. CEO Strauss Zelnick said pre-orders for Grand Theft Auto VI have reached levels neither Take-Two nor the broader videogame industry has seen before, Reuters reported. Investors responded by sending Take-Two shares more than 4%

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Business

Why gas prices dropped — and could surge again

Maybe you noticed this over the weekend: Filling a gas tank is a touch cheaper. Indeed it is. GasBuddy.com puts the national average price at about $3.944 a gallon on Aug. 9. That’s down 3.6% since the end of July and down 12.2% since Memorial Day. AAA Fuel Prices said its Aug. 9 national price

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