Key takeaways Secured loans require collateral, in the form of a valuable asset, to back the loan. Lenders may offer lower interest rates and larger…
Key takeaways Payday loans are a form of predatory lending with extremely high interest rates and short repayment periods, making them a risky option for most people. There are safer alternatives to payday loans, such…
Warner Bros. Discovery CEO David Zaslav may have been counting on watching one last round in the Netflix vs. Paramount Skydance boxing match to acquire the media company he runs. What he might not have anticipated was that Netflix wouldn’t even bother re-entering the ring. Thursday after the market close,…
E-commerce giant eBay announced Thursday it is slashing hundreds of jobs, just days after the company dropped $1.2 billion in cash to acquire a trendy Gen Z fashion app and settled a federal stalking lawsuit involving former executives. Multiple outlets have reported that eBay will cut a total of 800…
For fintech startups, the first five years of the decade have been a roller-coaster ride. At the outset, companies were awash in easy money, then a harsh funding winter befell them, causing numerous startups to fold. Last year, the industry stabilized and is now looking mature relative to the current…
In New York City, property taxes are back in the headlines. Mayor Zohran Mamdani has floated the idea of raising them—by 9.5%—as part of this year’s budget. Mamdani says it’s a last resort, claiming that if Albany won’t raise taxes on millionaires, the city may have to raise them on…
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A company that makes self-defense products has spent the last few years moving much of its manufacturing to the U.S. and is finding the benefits extend beyond having the ability to put a “Made in…
