Author: Editor

Peloton on Thursday posted its second profitable quarter in a row as it released strong guidance for the crucial holiday shopping season, banking on its relaunched product assortment to drive growth. The connected fitness company posted a surprise net income of $13.9 million in the three months ended Sept. 30, compared with a loss of $900,000 a year earlier. For the current quarter, Peloton’s strongest for hardware sales, the company is expecting revenue to be between $665 million and $685 million, a slight increase from the year-ago period and largely better than Wall Street expectations of $665 million, according to LSEG. Peloton also…

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The U.S. Supreme Court Chip Somodevilla/Getty Images hide caption toggle caption Chip Somodevilla/Getty Images The U.S. Supreme Court on Thursday allowed President Trump to proceed with his plan to require that passport applicants list their sex as what was designated on their birth certificate. The court’s decision overturns a lower court order pausing Trump’s policy and allowing applicants to choose for themselves whether they would like to identify with an M for male, F for female, or an X for neither. Male and female sex markers began to be listed on passports in 1976. The government has allowed citizens for over…

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I’m 30, and I have no plans to ever buy a house — not because I can’t afford one, but because I don’t want to.My partner — who is 31 — and I prefer renting studios and moving around every few months. For us, that feels freer and more intentional than taking on a mortgage. While many of our friends are decorating new homes with fall wreaths and pumpkin-scented candles, I’m packing for my 50th country — and renting just a small room.We’ve talked about buying a house before, but it never made sense for the way we live. We…

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This as-told-to essay is based on a conversation with Ilona Limonta-Volkova, an early-stage investor, the founder of Bear and the Bull, and the creator of the Money Memories podcast. The following has been edited for length and clarity.I never thought I’d buy a house as a single 32-year-old woman — or that I would become a landlord.When I lived in high-cost cities like San Francisco and New York, I felt like homeownership would remain out of reach until later in life, when I had started a family. As the child of immigrants, I didn’t see many examples of investment property…

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FBI and Border Patrol officers speak with Sean Charles Dunn, after he threw his sandwich at an officer, along the U Street corridor during a federal law enforcement deployment to the nation’s capital on August 10, 2025 in Washington, D.C. Andrew Leyden/Getty Images hide caption toggle caption Andrew Leyden/Getty Images Not guilty. That was the finding of a jury on Thursday in the case of a man charged with assault for throwing his hoagie at a federal officer in Washington, D.C. The jury’s conclusion came after about seven hours of deliberations. The case of the Subway sandwich has come to…

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Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty ImagesPresident Donald Trump on Thursday struck landmark deals with Eli Lilly and Novo Nordisk to slash the prices of their blockbuster weight loss drugs. Under the agreements, the monthly out-of-pocket cost of popular injections and upcoming pills could range from $50 to $350 starting next year, depending on the dosage and insurance coverage a patient has, Trump administration officials said. Existing GLP-1s, including Eli Lilly’s obesity injection Zepbound and Novo Nordisk’s competitor Wegovy, carry list prices above $1,000 a month, which has prevented…

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ELF Beauty is really excited about Rhode, Hailey Bieber’s line of lip tints and glazing face creams. The beauty brand was mentioned 52 times — nearly every minute — during ELF’s 2026 second-quarter earnings call on Wednesday, according to an AlphaSense transcript analysis.The earnings period was the first since ELF’s acquisition of Rhode. In August, ELF purchased the beauty line in a deal that could be worth as much as $1 billion if the brand hits its performance goals.The company has good reason to be enthusiastic: Rhode brought in $110 million in net sales during the quarter — more than…

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The U.S. Supreme Court appeared skeptical of President Donald Trump’s sweeping global tariffs, as key justices suggested he had overstepped his authority with his signature economic policy.In a nearly three-hour hearing Wednesday, the court hinted it was ready to put significant limits on Trump’s far-reaching agenda for the first time since he took office in January. Three members of the conservative majority questioned Trump’s use of an emergency-powers law to collect tens of billions of dollars in tariffs a month.Chief Justice John Roberts said the tariffs were an “imposition of taxes on Americans and that has always been the core…

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Want a near-guaranteed way to infuriate JPMorgan Chase CEO Jamie Dimon? Tell him you’re entirely loyal to him.Dimon, known for his blunt approach to leadership, said on Thursday that he has little patience for anyone at JPMorgan who is primarily focused on gaining his favor.”If people try to please me, it pisses me off. That is not the goal of an organization,” Dimon said at the America Business Forum in Miami. “Even when people say they want to be loyal to me, that gets me a little upset, too, because I say, ‘Don’t be loyal to me. Be loyal to…

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Jackson Hewitt is hiring 15,000 seasonal employees for the upcoming tax season during a National Hiring Week, starting Nov. 3. The tax prep chain’s more than 5,200 company- and independently-owned and operated franchises are recruiting for a variety of full- and part-time roles in tax preparation, client support, sales and customer services. The hiring events are open to the public and include on-site interviews. Qualified candidates may receive a job offer immediately. “This upcoming tax-filing season will be one of the most significant in recent history due to the major tax law changes that went into effect for 2025, estimated to impact…

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