Robinhood is trying to go from PR nightmare to IPO. In this market, it might just work
It’s hard to imagine a more disastrous IPO rollout than the past few months for Robinhood. Regulators accused the app-only brokerage of…
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Asian stocks tumble following sell-off on Wall Street
Asian markets tumbled on Friday as investors appeared to be jolted by several issues, from the continued prospect of rising inflation to a volatile…
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Exclusive: UBS quietly bans advisers from pitching booming SPACs to clients
UBS, a major player in the blank-check boom captivating Wall Street, has quietly banned its financial advisers from pitching SPAC stocks to wealth…
Continue Reading NFL signs more than $100 billion in media deals and gives Amazon exclusive games
The NFL is giving Amazon Prime Video exclusive rights to Thursday Night Football — part of its new 11-year deal with TV networks valued at more…
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NFL gives Amazon exclusive Thursday Night Football games
The NFL is giving Amazon Prime Video exclusive rights to Thursday Night Football — part of its new 11-year deal with various networks. The new deal…
Continue Reading ‘No one was listening.’ Asian business owners react to Atlanta shootings
Tran Wills couldn’t talk Wednesday about the shootings at Atlanta spas a day earlier without breaking down sobbing. “I saw myself in…
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Treasury yields rise again, spooking the stock market
Wall Street stumbled on Thursday, with energy and tech stocks selling off, and the 10-year Treasury bond yield climbing to a new 13-month high. Just…
Continue Reading Headlines lacking context exploited by anti-vaccine activists to wrongly suggest danger, study finds
News organizations are at risk of “creating false connections and misinformation” when they write headlines that suggest a link between…
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Mortgage rates rise again, making refinancing less attractive for many homeowners
Mortgage rates climbed for the fifth week in a row, dampening the purchasing power of home buyers and further winnowing the pool of candidates who…
Continue Reading US-China talks could end up inflaming trade tensions
Senior officials from the United States and China are meeting in person on Thursday for the first time since US President Joe Biden took office. But…
Continue Reading This quirky discount chain wants to open 180 new stores this year
Five Below wants to win more teen shoppers with novelty stores and cheap prices. The toy, game, room decoration and tech accessory store targets…
Continue Reading Peloton warns owners to keep kids away from their treadmills after a child dies
Peloton is warning owners to keep their children away from their treadmills after an accident involving its Tread+ in which a child died. CEO John…
Continue Reading This discount store is targeting tweens and teens with cheap prices and novelty items
Five Below wants to win more teen shoppers with novelty stores and cheap prices. The toy, game, room decoration and tech accessory store targets…
Continue Reading Alexi McCammond will no longer join Teen Vogue as editor in chief
Alexi McCammond is out as editor-in-chief of Teen Vogue before she officially started the job, she and the magazine’s owner announced Thursday.…
Continue Reading Toys ‘R’ Us is gone. This discount chain wants to fill the void
Five Below wants to win more teen shoppers with novelty stores and cheap prices. The toy, game, room decoration and tech accessory store targets…
Continue Reading To save the planet, Tide wants you to quit using warm water for laundry
Doing your laundry with cold water can help save the planet, and maybe save you some money along the way. That’s the message from Tide in a…
Continue Reading Richard Branson launches campaign to end the death penalty
Virgin Group founder Richard Branson is calling for a permanent end to capital punishment around the globe, and he wants more business leaders to get…
Continue Reading Charmin unveiled its own NFTs, and one is going for more than $2,000
That didn’t take long. Non-Fungible tokens, or NFTs — digital artworks and collectibles that have been transformed into verifiable assets —…
Continue Reading Air travel is finally higher than a year ago — but it’s still far below normal
The US airline industry hit a dubious milestone this week: For the first time since the pandemic began, air travel is up from a year ago.…
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Jobless claims are still higher than during the Great Recession a year after the pandemic started
A year after the pandemic shut down the US economy, America’s workers are still hurting. For the past 12 months, first-time claims for jobless…
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