News

Mortgage Demand Slumps as Rates Reach Record Highs

Mortgage demand has taken a hit as rates reach record highs, leading to a decrease in applications and impacting homebuyers and homeowners. The market is facing...

Marriott Expects Slower Growth Post-Pandemic

Marriott International expects a slowdown in revenue growth and aims to add more rooms to its inventory. They will unveil their comprehensive three-year plan at...

Lloyd Blankfein's Perspective on Interest Rates

Former Goldman Sachs CEO Lloyd Blankfein believes rate cuts may be needed despite the Fed's push for higher rates. Market impact and concerns discussed.

AssetMark Settles Allegations: $18 Million Fine

AssetMark, a leading provider of technology and asset management services, has reached an agreement to pay over $18 million to settle allegations put forth by t...

Target to Close Stores Due to Rise in Theft and Crime

Target is closing nine stores in New York City, Seattle, San Francisco, and Portland due to increasing theft and crime. The closures aim to ensure safety and ad...

Shares of Sirius XM Fall After Proposed Deal with Liberty Media

Shares of Sirius XM experience a significant drop after majority shareholder Liberty Media proposes a deal to combine the tracking-stock group with the rest of...

HealthBeacon Lowers Revenue Guidance for 2023, CEO Steps Down

HealthBeacon lowers its revenue guidance for 2023, citing delays in technology rollout. CEO Jim Joyce steps down with Rebecca Shanahan taking interim leadership...

tinyBuild Reports Pretax Loss in First Half of Year

Indie game publisher tinyBuild reports a pretax loss and a decline in revenue for the first half of the year. Despite this, the company is determined to expand...

Krispy Kreme Announces New CEO, Stock Falls in Pre-Market Trading

Krispy Kreme's stock falls after announcing a new CEO. Revenue projections for 2023 remain strong.

Brighton Pier Group Faces Operating Profit Setback

Brighton Pier Group, the U.K.-based company that owns Brighton Palace Pier and several bars and mini golf venues, has reported a swing to a pretax loss for the...