Author: Editor

Khaby Lame’s mysterious $975 million deal has hit a snag: Brokerages are restricting or blocking trading in the stock behind it.Lame, TikTok’s top influencer with over 160 million followers, announced in January that he’d struck a deal that would get him a gigantic payday and let everyday investors buy a stake in his business. To make this happen, Lame’s company would merge with the publicly traded Rich Sparkle Holdings, a financial printing firm.Day traders pounced on the opportunity, buying stock in the company Lame would list under. Rich Sparkle’s stock surged on the announcement.The initial excitement quickly faded. The stock…

Americans aren’t too hot on their chances of finding a new job. Loading audio narration… Newly released survey data from the Federal Reserve Bank of New York shows how workers rate their odds of finding a new role within three months, should they lose their jobs today. Since late 2025, the average American thinks they have a roughly 45% chance of landing a new job, worse odds than during the depths of the COVID-19 pandemic in 2020 and comparable to the grinding recovery from the Great Recession in the early 2010s. It’s a far cry from the optimism of the…

Lynsi Snyder-Ellingson says In-N-Out Burger is sticking to the status quo. Loading audio narration… In a conversation hosted by Pepperdine University in late March, the burger chain owner said she has no interest in private equity money, delivery apps, or mobile ordering as other restaurant brands chase speed, scale, and outside capital.For Snyder-Ellingson, the refusal is part of a larger mission: to preserve the family company’s quality, culture, and personal touch.”I know that that’s just not an option for me,” she said of partnering with private equity firms. “There’s nothing I would gain that would be tied to anything that…

Bill Gates speaks during an event in New York City in September 2024. He is scheduled to testify before a House committee investigating Jeffrey Epstein. Roy Rochlin/Getty Images hide caption toggle caption Roy Rochlin/Getty Images Bill Gates is scheduled to testify before the House Oversight Committee in June, adding to the list of prominent figures called before the committee in its investigation of the late sex offender Jeffrey Epstein. Gates, who has denied having any knowledge of Epstein’s crimes, will sit for a closed-door transcribed interview on June 10, according to a source familiar with the matter who spoke on…

 Financial influencer Taylor Price joins ‘Varney & Co.’ to break down how shifting your mindset can help Americans grow wealth and achieve the American Dream. Tax season is closing in on the April 15 deadline to file your return or request an extension and a new report details some common mistakes that Americans are making throughout the year that are costing them money. A report by GOBankingRates broke down five tax mistakes that could cost American taxpayers thousands of dollars every year.Those common mistakes range from not claiming deductions that were available to the taxpayer or failing to track deductible…

Modelo beer is displayed on a shelf at a Safeway store on Oct. 6, 2025 in San Anselmo, California. Justin Sullivan | Getty ImagesModelo maker Constellation Brands withdrew its previously issued fiscal 2028 outlook on Wednesday and reported slightly weaker demand as consumers navigate a rapidly evolving macroenvironment.The company said it was encouraged by the momentum in the fourth quarter across its beer and wine and spirits businesses, but the larger environment indicates lingering uncertainty. Constellation Brands also previously appointed Nicholas Fink as its new CEO, effective April 13. “We expect the operating environment to remain dynamic given the evolving…

Forget lines of code written, engineers have a new way to compete amongst each other. Loading audio narration… Welcome to the era of “tokenmaxxing.”Armed with shiny new AI coding tools, software developers across the tech industry have a wallet full of tokens to spend. Tokens, a measure of computing that determines how AI work is priced, have been floated as a form of compensation for engineers, even cropping up in job descriptions for AI fellowships at OpenAI and Anthropic.But is token spending a good measure of developer productivity?The question has lit up on social media this week as techies debate…

Over the nine months of pregnancy with my first baby, I mentally prepared myself for those middle-of-the-night feedings (and the resulting exhaustion), the postpartum mood swings, and other inevitable life changes. Loading audio narration… One thing I didn’t prepare myself for? The identity crisis set in as soon as I became someone’s mother. In an effort to navigate this crisis, I decided to work with a career coach for the first time.Time felt more precious than ever to me after bringing my son into the world, and I wanted to make sure I was using it wisely. With so much…

At the Prospect Park Zoo’s red panda exhibit, New York Mayor Zohran Mamdani announced a crackdown on the fees food-delivery apps charge to businesses and consumers. Loading audio narration… The press conference’s location was a nod to the food delivery platform HungryPanda, which largely services Asian restaurants. The administration alleged that the app illegally overcharged hundreds of these businesses through junk fees, and announced a $875,000 settlement on Wednesday. More than 380 restaurants will receive relief money, the mayor said, after the app “bamboozled hardworking New Yorkers.””For so many restaurants and businesses, it is already hard enough to balance daily…

Federal Reserve rate cuts are back on the table with markets repricing the odds of lower interest rates in 2026 after the US, Israel, and Iran agreed to a ceasefire. Loading audio narration… The probability of the Fed cutting interest rates by the end of 2026 jumped on Wednesday compared to the odds markets were pricing in on Tuesday. The US and Iran reached a two-week ceasefire agreement late on Tuesday in the hours leading up to Trump’s 8 p.m. ET deadline. Wall Street rejoiced, with oil plunging and stocks surging.Markets see a more than 30% chance of rates easing…