For many Gen Zers, the dream of homeownership seems out of reach due to the lack of affordable starter homes. About 1 in 5 Gen Zers, or 22%, express concerns about the affordability of entering the housing market. However, some believe that fixer-upper homes could be the solution to this issue. A fixer-upper, by Redfin’s
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Audi, the premium automotive brand owned by Volkswagen, has taken a significant step in expanding its sports investments by becoming the official automotive partner of Inter Miami CF. This multiyear partnership aims to tap into the growing soccer fan base in South Florida, with Inter Miami CF boasting over five million fans in the U.S.
Delta Air Lines recently announced a forecast of record revenue for the third quarter, attributing this to the high demand for summer travel. However, this projection was lower than what analysts had estimated due to fare discounts resulting from an increase in flights. In the current quarter, Delta anticipates a sales growth of up to
The National Football League is exploring the possibility of including minority private equity ownership for its 32 teams, with a proposed cap of 10% ownership. This potential change could have widespread implications for team ownership and the financial landscape of the league. Commissioner Roger Goodell recently discussed this consideration in an exclusive interview with CNBC,
Thursday saw a shift in the market as the S & P 500 and Nasdaq pulled back from their previous record highs. This was triggered by a lower-than-expected inflation report, causing investors to move out of Big Tech stocks and towards smaller-cap names. The consumer price index (CPI) for June dropped to its lowest levels
In recent times, inflation in the United States has been on a steady decline, providing some relief for consumers. This decrease in inflation can be attributed to various factors, such as lower gasoline prices and easing price pressures across different sectors. As per the U.S. Labor Department, the consumer price index (CPI) rose by 3%
Despite inflation in the overall economy showing signs of cooling down, housing inflation remains alarmingly high in the United States. This slow decline is proving to be a major obstacle in bringing the consumer price index back to desired levels, according to economists. Housing, which accounts for a significant 36% of the CPI index, has
Pfizer has recently announced its decision to move forward with the development of a once-daily version of its weight loss pill, danuglipron. This decision comes after the company observed “encouraging” data in an ongoing early-stage study. After evaluating several once-daily formulations of the drug, Pfizer identified one that had “the most favorable profile” in terms
PepsiCo recently reported its quarterly results, which showed a mixed performance particularly in North America. The company faced challenges due to declining demand for its drinks and snacks in the region. Despite this, PepsiCo narrowed its revenue outlook for the full year, expecting organic revenue growth of approximately 4%, which is lower than its previous
Sportsbooks and daily fantasy operators are gearing up for what is expected to be a significant bump in activity during the upcoming Summer Olympics in Paris. This major international sporting event, scheduled to kick off on July 26, will be the first Olympics to take place since the widespread legalization of gambling in the United