A record 10% of first-time home buyers now pay in cash. Here’s where they get the money.
All-cash buyers are becoming more common, despite a housing market that’s been struggling with affordability issues.
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Two months after my father’s funeral, my stepmother asked me to repay his $40,000 wedding gift. Should I do what she says?
“About two months after his funeral, my stepmother called and said she wanted the money back.”
Shoppers Say They Don't Trust AI With Their Holiday Purchases
Consumers plan to spend $777 on holiday gifting this year, but they want to make the purchases themselves.
This is the secret sauce for the economy — and it’s showing up in faster U.S. growth
Americans are unhappy about the economy, they’re worried about artificial intelligence and they took their frustration out on Republicans in the U.S. midterm elections.
CVS Health To Unbundle Pharmacies From Insurance And Health Solutions
After building a healthcare conglomerate around a drugstore chain, CVS is dismantling the model with drug stores on one side and healthcare solutions on the other.
New statistical method eliminates AI estimation bias in econometrics
A new research paper describes a statistical framework that resolves significant calculation biases caused by artificial intelligence in econometric models. The method, two-step extraction, removes estimation bias when researchers measure the business or economic effects of variables extracted using machine learning algorithms from unstructured data such as photos and consumer text.
Restaurant Group 50 Eggs Remakes Mavericks Player And Arena Dining
Restaurant groups entering the sports space bring a fresh perspective, especially as 50 Eggs consults on future arena design
Six Flags CEO Predicts Coaster Death Fallout Will Last Months, Not Years
With attendance falling sharply in October, the amusement park chain's CEO gives an update on changes coming to the parks and reassures investors "any impact from [the tragedies] seems to be limited."
Wendy's rejects buyout bid from activist investor and adopts 'poison pill' plan
Wendy’s rejected a $1.4 billion buyout offer from an activist investor, saying Thursday that the bid was too low
What sorts of nudges win wallet share in the attention economy?
Nudges—the subtle interventions that encourage people to make beneficial decisions without forcing them into these choices—are a popular marketing tool widely used for a variety of social causes and business purposes. But their effectiveness depends on finding the right combination of context and content, says Siddharth Bhattacharya, an assistant professor of information systems and operations…
How Women Are Turning Social Media Influence Into Revenue
How women entrepreneurs are turning social media audiences into revenue through digital businesses, strategic offers and scalable business models.
Miguel On Pouring His Roots Into 1800 Tequila And His New Music
Singer-songwriter Miguel discusses his partnership with 1800 Tequila, the cultural roots behind his artistry and the creative direction shaping his new music.
My wife cried when I found out she had only $80,000 in her 401(k). I have $2.2 million. Am I wrong to be shocked?
“When I brought up retiring last spring, she said she was ready whenever I was, and I took that to mean we were in good shape.”
Curiosity In Leadership Starts With One More Question
Curiosity in leadership can be a competitive edge, revealing things that data and spreadsheets can’t. It starts with asking questions.
Texas Will Learn The Economic Cost Of Saying ‘No’ To Data Centers
A freeze on data center permits invoked by Texas Gov. Abbott could become permanent policy under incoming Gov. Gina Hinojosa.
A Tale Of Two Golf Gloves
BLURRD brings sneaker-culture style to golf gloves, while Lunar Golf swaps leather for microfiber to help players keep their grip on the club when the humidity climbs.
‘The Remarried Empress’: Royal Intrigue Worth Watching
A lavish Korean fantasy romance filled with palace intrigue, backstabbing, forbidden attractions and royal relationship drama.
‘It seems bizarre’: We’re in our 80s with $950,000 in traditional IRAs. Why is our adviser pushing Roth conversions?
“Our basic living expenses are covered by $110,000 in annual pensions and Social Security.”
Why Chiefs Should Re-Sign Kareem Hunt To Help On Short-Yardage Plays
Kareem Hunt, who converted 85% of short-yardage plays last year, and the Chiefs remain on good terms, according to a source.
‘He was heartbroken’: My husband’s kids abandoned him when he was dying. Was he right to leave everything to me?
“In the end, he left them a few sentimental mementos, some collectibles and old photographs.”
Yankees’ 25-Year-Old Depth Pitcher Cuts Ties With Team After Major Injury
The New York Yankees got an update on a promising minor league player with a unique origin.
Packers Guard Kevin Zeitler Stays Ready For When His Number Is Called
The Green Bay Packers offensive line continues to struggle, and many are wondering why veteran guard Kevin Zeitler hasn't cracked the lineup.
Imax Posts Record Revenue, Profit Growth With ‘The Odyssey’ in Third Quarter
Christopher Nolan's epic on its screens helped the film technologies company record best-ever key earnings metrics from a mix of Hollywood and local language titles.
Robot maker Agility starts trading today — but its steep losses are raising red flags
Agility is going public via a SPAC merger that one executive says will give it a “first-mover advantage.”
Interest rates could go ‘significantly higher’ if oil prices keep climbing — even if the Iran war ends soon
Strategists at Bank of America found a dramatic correlation between interest rates and oil prices in the U.S., U.K. and Germany.