Business

Initial and recurring applications for US unemployment benefits both rose to a two-month high, suggesting some slowdown in the labor market.

Universal Music Group NV, the world’s biggest record label that counts Taylor Swift and Drake among its artists, has begun pulling music from the social-media platform TikTok after extensive contract negotiations between the two companies failed.

American Express Co. and Delta Air Lines Inc. are revamping their co-branded credit cards to offer new rewards and benefits that target both frequent fliers and everyday spenders who frequently charge meals at restaurants and trips through ride-share services.

Stripper bar Deja Vu Showgirls has been sold and will soon operate as a religious organization that helps victims of human trafficking.

From staff reports

Much to the chagrin of would-be homebuyers, property prices just keep rising. It seems nothing — not even the highest mortgage rates in nearly 23 years — can stop the continued climb of home prices.

Money can be an emotional subject for couples. Without a shared understanding and commitment to financial goals, partners may find themselves arguing more and even resenting each other.

The average mortgage interest rate for a standard 30-year fixed mortgage last week was 6.96%, a decrease of 0.07 percentage points from the previous week’s 7.03%.

Coca-Cola (NYSE: KO) belongs to an elite group of companies that have increased their dividends annually for at least 50 consecutive years.

 Media mogul Byron Allen has extended yet another multibillion-dollar takeover offer - this time a $14.3 billion bid for film and TV giant Paramount Global, parent of the CBS broadcast network and cable outlets like Nickelodeon.

Cigna Group said Wednesday it has agreed to sell certain businesses for about $3.7 billion, as the heath care giant pushes forward with a goal of building its other units, including its huge pharmacy-benefits manager, Express Scripts. 

Last year ended better for Boeing than Wall Street had projected, yet when the earnings details were released Wednesday, the healthy cash flow didn't seem to matter much now.

Universal Music Group, the world's biggest music company, is threatening to pull its tunes from TikTok over a licensing dispute. The two companies have yet to reach a new music rights agreement to replace the one that expires Wednesday.

In the early 2010s, conversations among Microsoft's top executives had become bleak. The smartphone revolution was in full swing, and Google and Apple were charging ahead, while Microsoft's efforts to build a mobile business were floundering.

After years of mostly steady decline, the Black homeownership rate in the US saw its largest jump on record in the early days of the pandemic. Now, soaring borrowing costs and home prices threaten to erode those gains.