A ‘For Rent’ sign is posted near a home on February 07, 2022 in Houston, Texas. Brandon Bell | Getty Images Rents for single-family homes were 12.6% higher in July compared with the year-earlier month, but the gains continue to shrink from the record high seen in April, according to …

Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to the ethereum blockchain called “the merge.” Yuriko Nakao | Getty Images Russian President Vladimir Putin could use cryptocurrencies to evade U.S. and other sanctions …

Pedestrians walk past a Gap Inc. store in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Gap Inc. is cutting about 500 corporate jobs as the clothing retailer struggles with declining sales. The job cuts, which include open positions, will be primarily at Gap’s offices in San Francisco, New …

YouTube’s chief product officer Neal Mohan, left, with YouTube stars Cassey Ho, center, and iJustine, front second-right, at Nasdaq on May 5, 2016. Rommel Demano | Getty Images As YouTube tries to chase down TikTok in the short-video market, the Google-owned company says it will start handing over a bigger …

It’s been a rough year for the stock market, and some consumers are closing investment accounts due to inflation and volatility concerns, according to a recent survey from Ally Financial.  As investors brace for another major interest rate hike from the Federal Reserve, inflation is still hovering near a 40-year …

Brandon Bell | Getty Images News | Getty Images The White House released an analysis on Tuesday of how many people in each state stand to benefit from its student loan forgiveness plan, including a count of borrowers who received a Pell Grant. More than 3.5 million people are eligible …

UNITED NATIONS — U.N. Secretary-General Antonio Guterres gave a somber assessment of global affairs Tuesday in an opening address of the annual high-level gathering in New York City. “Our world is in peril and paralyzed,” Guterres told world leaders attending the 77th United Nations General Assembly, which returned in person this …

Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor’s stock is on pace for its worst day in more than 11 years, after the automaker pre-released part of its third-quarter earnings report and warned investors of $1 billion in unexpected supplier …

Take a look at some of the biggest movers in the premarket: Ford (F) – The automaker’s stock fell 4.5% in the premarket after it warned that quarterly earnings would take a hit of about $1 billion from increased supplier costs and parts shortages. Those factors contributed to a shortfall …

Panos Panay, chief product officer of Microsoft, holds the Surface Neo laptop computer during a Microsoft product event in New York on Oct. 2, 2019. Mark Kauzlarich | Bloomberg | Getty Images Microsoft on Tuesday said it’s starting to release the first major update to Windows 11, the current version …