Monthly sales growth at Costco slowed in June — a sign that even one of retail’s strongest operators isn’t immune to the economic realities that have consumers rattled. Costco reported late Wednesday that total June sales rose 10.6% year over year to $29.4 billion, coming in slightly below expectations. Drilling down on June comparables in […]
Chase Sapphire and Freedom cardholders can now earn 10x Ultimate Rewards® points per dollar spent through a partnership with Paze, an online payment service. From now until the end of the year, when you check out using Paze at eligible merchants, you can earn bonus points on up to $1,500 in spending per month. If […]
Staying on top of your bills is essential if you want to improve your finances. Rocket Money can track your due dates and monitor how you spend your money so you can avoid unexpected expenses. The app can also help you cancel unwanted subscriptions, make a budget, and provide personalized suggestions to improve your spending […]
Space Exploration Technologies (SPCX +2.21%) hasn’t been trading publicly for a full month yet, but it has already been through plenty of price swings. Since its initial public offering (IPO) on June 12, the stock price has traded as low as $147.11 and as high as $225.64. As of the close of trading Tuesday, it […]
Term borrowing is a key financial strategy that allows you to obtain a lump sum from a lender, which you’ll repay over time through regular payments. These loans come in various lengths, categorized as short, intermediate, or long-term, depending on their duration. Comprehending how term borrowing works is essential for managing your finances effectively. Curious […]
It’s still early, but New York City’s luxury housing market is showing little sign of slowing after Mayor Zohran Mamdani’s new tax on high-value second homes took effect. The city’s first-ever pied-à-terre tax took effect on July 1, applying to non-primary residences valued at more than $5 million as part of the mayor’s larger effort […]
The Chapter Buildings in Seattle’s University District traded June 30 after their owners surrendered the newly completed office and life science campus through a deed in lieu of foreclosure, according to the Puget Sound Business Journal. Bank OZK took ownership of the development after the borrowers transferred the buildings to satisfy a $196 million loan secured in 2022, according to King […]
Roberto Serrano’s class scored curiously well on the take-home midterm exam. When he suspected widespread AI cheating and made their final exam in-person, their grades tanked. The Brown University professor teaches welfare economics and social choice theory. The midterm was administered from home after a shooter killed two students in December. “The problem with this […]
Investors often flock to gold during economic uncertainty. Often, the best way to play the commodity is to buy a gold miner’s stock, but choosing between Agnico Eagle Mines (AEM +2.68%) and AngloGold Ashanti (AU +3.48%) requires looking past the shiny surface to the underlying operational data. Collapse AEM & AU: Performance Comparison Key Financial […]
Brazil extends crude oil export tax for 60 more days