Business

Google reportedly expanded its office presence in Miami this year after two of its co-founders purchased houses in South Florida.Alphabet, the parent company of Google, signed a lease expanding its existing 10,000-square-foot satellite office in Miami's financial district by an additional 45,000 square feet, two people familiar with the matter told Bloomberg News.The outlet reported that the expansion was driven in part by the recent home purchases in the area […]

CVS Pharmacy is expanding into pet health care by allowing customers to fill common prescriptions for dogs and cats at roughly 9,000 locations nationwide.The pharmacy chain said pet owners can obtain select medications, including antibiotics, allergy treatments, flea and tick control products, insulin and pain relievers.Customers can bring a written prescription to a CVS Pharmacy location or ask their veterinarian to contact the pharmacy directly. Eligible prescriptions may also be […]

ARK Invest CEO Cathie Wood is defending her fund's stake in SpaceX, declaring the aerospace and satellite network pioneer could become the "most important company in global history" despite the stock's recent slide and an upcoming $116 billion share unlock.During an interview on "Mornings with Maria" Wednesday, Wood explained why she remains bullish on SpaceX after funds managed by ARK Invest allocated $80 million to the position following its public […]

A Chinese national seeking asylum in New York City allegedly attempted to scam an elderly Buffalo-area woman out of $360,000 of her inheritance and life's savings, using an internet fraud scheme while claiming to be a "Microsoft security" representative.Didi Zou, 39, was arrested in June for conspiracy to commit money laundering and wire fraud and faced a July detention hearing where U.S. Magistrate Judge Jeremiah McCarthy ordered him to remain […]

Icahn Enterprises on Tuesday announced that the company reached a deal to sell Pep Boys to Mavis, one of the largest independent tire and service providers in the country, in a $700 million deal.Pep Boys has nearly 800 locations around the country and offers auto services including tires, repairs, oil changes and maintenance.The deal will expand Mavis' presence in new and existing markets, particularly in the western U.S., where Pep […]

JPMorgan Chase CEO Jamie Dimon said in an interview on Monday that he wouldn't buy stocks or long-term Treasury bonds at their current prices as he thinks investors aren't accounting fully for risks that could cause turmoil in equity and debt markets.Dimon said in an interview with CNBC that he thinks geopolitical and fiscal risks are "probably bigger than other people think" amid the ongoing conflicts in Ukraine and the […]

Student loan defaults are up to a record high, with 9.5 million borrowers in default, meaning they are more than 270 days behind on loan payments, according to data from the Office of Federal Student Aid. The near-10 million borrowers in default represent a record-high and nearly double the number in default at the nadir of a pandemic-prompted moratorium on student loan payments enacted by former President Joe Biden. In March 2025, […]

Nvidia has held the position as the world's biggest company since about a year ago, when it became the first to reach $4 trillion in market value. It soared past former leaders Apple and Microsoft. But in recent days, Apple, which hasn't climbed as much as its peers during the artificial intelligence (AI) boom, has been making a comeback.And on July 17, Apple even slipped ahead of Nvidia to become […]

The U.S. Department of the Treasury has prevented nearly $99 million in federal payments from being disbursed to deceased individuals using a new verification system deployed under President Donald Trump's executive order targeting government fraud, waste and abuse.Following Executive Order 14249, "Protecting America's Bank Account Against Fraud, Waste, and Abuse," the Department of the Treasury and the Bureau of the Fiscal Service implemented a verification process that reviewed more than […]